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SaverOne 2014 Priced, Nasdaq: SVRE

Developing an electronic system that blocks cellphone use while driving.

Industry: Technology

Latest Trade: $1.47 -0.01 (-0.3%)

First Day Return: -38.0%

Return from IPO: -64.3%

Industry: Technology

We are a technology company engaged in the design, development and commercialization of transportation and safety solutions designed to save lives by preventing car accidents resulting from the use of mobile phones while driving. Our SaverOne system provides an advanced driver safety solution that can identify and monitor mobile phones located in the driver’s vicinity and selectively block use of life-threatening applications. We have three generations of systems, the first two of which target the automobile aftermarket and the third which is intended to target vehicle manufacturers. We have completed development of our Generation 1.0 system and are in the pre-commercialization/early use phase while the development of our Generation 2.0 system which will replace Generation 1.0 is nearing completion and the Generation 3.0 system is in the early stages of development. Our SaverOne system can be utilized in vehicles owned or leased by companies that are provided to employees, or private vehicles, commercial trucks, buses and other forms of transportation.
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IPO Data
IPO File Date 03/07/2022
Offer Price $4.13
Price Range $5.08 - $5.08
Offer Shares (mm) 2.9
Deal Size ($mm) $12
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 06/02/2022
Offer Price $4.13
Price Range $5.08 - $5.08
Offer Shares (mm) 2.9
Deal Size ($mm) $12
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
ThinkEquity
Company Data
Headquarters Petah Tikvah, Israel
Founded 2014
Employees at IPO 41
Website saver.one

SaverOne 2014 (SVRE) Performance