VisionWave Holdings, Inc. 4
4 · SaverOne 2014 Ltd. · Filed Jul 6, 2026
Research Summary
AI-generated summary of this filing
SaverOne (SVRE) Director VisionWave Acquires Shares
What Happened
VisionWave Holdings, Inc., reported as a director of SaverOne 2014 Ltd. (SVRE) by deputization, acquired large blocks of SaverOne ordinary shares in two transactions. On 2026-06-16 VisionWave acquired 326,419,200 ordinary shares at $3.48 each (reported value $1,135,938,816). On 2026-06-26 VisionWave acquired 16,608,240,000 ordinary shares at $6.93 each (reported value $115,095,103,200). Both transactions are purchases (acquisitions) and together total approximately $116.23 billion — a sizable insider buy signal in raw dollars, though these reflect ADS-based transactions and an exchange agreement (see footnotes).
Key Details
- Transaction dates and prices:
- 2026-06-16: Open-market/private purchase (code P) — 326,419,200 shares @ $3.48 = $1,135,938,816.
- 2026-06-26: Other acquisition (code J) — 16,608,240,000 shares @ $6.93 = $115,095,103,200 (completion of stages 2 & 3 of an Exchange Agreement).
- Shares beneficially owned after these transactions: 16,934,659,200 ordinary shares (as reported). The reporting person has sole voting and dispositive power.
- Footnotes of note:
- The amounts derive from ADS transactions: the filer acquired ADSs (7,556 ADSs on 6/16 at $3.48 and 384,450 ADSs at $6.93) and each ADS represents 43,200 ordinary shares under the ADS ratio effective Feb 25, 2026. The large ordinary-share counts reflect that ADS ratio. (F1)
- VisionWave is deemed a director by deputization because it designates/control Douglas Davis on the Board under an Exchange Agreement. (F2)
- Filing timeliness: Report period begins 2026-06-16; Form filed 2026-07-06 — this appears late relative to standard Section 16 reporting windows. Late filings reduce the timeliness of the signal and can carry regulatory consequences.
Context
These were purchases (acquisitions) of ADS-backed ordinary shares and include an issuance/transfer under an Exchange Agreement rather than only routine small open-market buys. The filing reflects an institutional/entity insider (VisionWave) acting through board-designation rights, not necessarily an individual executive. This is factual reporting of ownership change; it does not explain motivations.
Insider Transaction Report
- Purchase
Ordinary Shares
[F1][F2]2026-06-16$3.48/sh+326,419,200$1,135,938,816→ 14,240,404,800 total - Other
Ordinary Shares
[F1][F2]2026-06-26$6.93/sh+16,608,240,000$115,095,103,200→ 24,429,816,000 total
Footnotes (2)
- [F1]The price reported is the price per American Depositary Share ("ADS") acquired in an open-market transaction on The Nasdaq Stock Market LLC. Each ADS represents 43,200 ordinary shares of the Issuer pursuant to the ADS ratio effective February 25, 2026. The Reporting Person acquired 7,556 ADSs on June 16, 2026 at $3.48, and via-vis completing stage 2 &3 of the Exchange Agreement dated January 26, 2026 by the issuer issued additional 384,450 ADSs at $6.93, resulting in the underlying ordinary shares reported.
- [F2]The Reporting Person is deemed a director of the Issuer under Section 16(a) by deputization due to its designation and control over Douglas Davis, who serves on the Issuer's Board of Directors pursuant to rights granted under the Exchange Agreement dated January 26, 2026. Reflects beneficial ownership following the reported transactions. The Reporting Person has sole voting and dispositive power over these shares. No other equity securities or derivative securities of the Issuer are beneficially owned by the Reporting Person as of the date hereof, except as previously reported on Form filed June 7, 2026.