Summary by Moomoo AI
SaverOne 2014 Ltd., a foreign private issuer, has filed a Form 6-K with the United States Securities and Exchange Commission for January 2024. The company had previously announced on December 20, 2023, its intentions to acquire certain operations, products, and intellectual property from another company, pending a due diligence process. The due diligence period was extended until February 1, 2024, to allow for further review and the preparation of definitive documentation. However, SaverOne 2014 Ltd. has now reported that an agreement could not be reached on the potential acquisition, and both parties have decided to terminate further discussions regarding the transaction. This update is now part of the company's official records, as it is incorporated by reference into SaverOne 2014 Ltd.'s Registration Statements on Form S-8 and Form F-3.