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home / news releases / SVRE - Micro Cap Bid Up At Opening Bell

SVRE - Micro Cap Bid Up At Opening Bell

SaverOne 2014 Ltd.

2023-11-28 09:42:32 ET

It’s not very often that we dig into public offering announcements since usually it has a negative effect on the underlying share price due to dilution. This whole mindset of ours shifts however when a previously announced public offering is cancelled.

That’s exactly what happened with %SaverOne2014 (Nasdaq: SVRE) on Tuesday morning after the company withdrew it’s plans for a securities offering. Shares of the micro cap are currently bid up at $0.461/share (+8.93% implied open for sellers) at the time of writing. It should be an exciting session to watch!

Saverone 2014 Ltd (Nasdaq: ) provides driver protection solutions. The company's product restricts the driver from surfing, communicating and receiving alerts while driving.

Stock Information
Company Name: SaverOne 2014 Ltd.
Stock Symbol: SVRE
Market: NASDAQ
Website: saver.one
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