Company: NCEL
Filing Date: 2025-09-03
Form Type: F-4/A
Source: 0001213900-25-084157
Chunk: 532

Company: NewcelX Ltd.
Filing Date: 2025-09-03
Form: F-4/A
Chunk 532
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 amount not exceeding CHF 88,146.66through the issuance from time to time of a maximum of 1,469,111fully paid -inregistered shares, each with a par value of at least CHF 0.06(NLS Common Shares) (assuming a par value reduction per Share of CHF 0.027, a reverse split within a range of two -for-one(2:1) to twenty -for-one(20:1) and an issuance of 3,500,000 new shares, after par value reduction and reverse split, to the Kadimastem shareholders in the Merger), by the exercise of convertible rights and/or option rights or warrants. The NLS Board shall determine the issue price of the NLS Common Shares. These new registered shares must be issued at least for their par value but may be issued at a price below the current market price. Conditional Share Capital for Employee and Advisory Options As per our current version of the articles of association, our nominal share capital may, to the exclusion of the pre -emptivesubscription rights of shareholders, be increased out of the condition share capital of NLS by a maximum aggregate amount of CHF 1,650.00 through the issuance of not more than 55,000 registered shares (NLS Common Shares), which would have to be fully paid -in, with no less than the par value of CHF 0.03 each, by the exercise of option or conversion rights that have been granted to employees that have been granted to employees, members of the NLS Board or consultants of NLS or of one of our subsidiaries, if any, or other persons providing services to NLS or a subsidiary, if any, through one or more equity incentive plans created by the NLS Board. If this conditional share capital is not sufficient for our future equity incentive plan, then NLS intends to rely on the capital band, which we will have to dedicate for that purpose, or, alternatively, if such conditional share capital or capital band is not sufficient, then NLS intends to seek shareholder approval for the equity incentive plan(s) that we may seek to implement. The exercise of the conversion or option rights and the waiver of these rights shall be in writing or electronically. The electronic exercise or waiver does not require a qualified electronic signature. Under the Charter Proposal, the share capital of NLS may be increased by an amount not exceeding CHF 27,000 through the issue of a maximum of 450,000fully paid -