Company: NCEL
Filing Date: 2025-09-10
Form Type: 424B3
Source: 0001213900-25-086600
Chunk: 780

Company: NewcelX Ltd.
Filing Date: 2025-09-10
Form: 424B3
Chunk 780
---
 with the Company’s prior pension plan have been fully settled and transferred. As a result, the Company has no net pension -relatedliability or associated pension expense recognized on its balance sheet as of December 31, 2024. The pension assets are measured at fair value and are invested in a collective pension foundation with pooled investments. Plan assets mainly consist of cash and cash equivalents, equity funds, equity securities, corporate bonds, government bonds, and real estate funds classified as Level 1 and Level 2 under the fair value hierarchy. The Company records net gains/losses, consisting of actuarial gains/losses, curtailment gains/losses and differences between expected and actual returns on plan assets, in other comprehensive income/loss. Such net gains/losses are amortized to the statements of operations to the extent that they exceed 10% of the greater of projected benefit obligations or pension assets. The Company further records prior service costs/credits from plan amendments in other comprehensive income/loss in the period of the respective plan amendment and amortizes such amounts to

Annex F-19 NLS PHARMACEUTICS LTD. AND SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS

the statement of operations over the future service period of the plan participants. For the years ended December 31, 2024 and 2023, the amortization was $0. As of December 31, 2024, and 2023, the accumulated other comprehensive (income) loss includes unrecognized pension costs of $(108,853) and $158,073, respectively. The following table shows the components of unrecognized pension cost in accumulated other comprehensive income/loss that have not yet been recognized as components of net periodic pension cost:

|                                                         |     |   |     2024 |   |     |   |    2023 |   |
|:--------------------------------------------------------|:----|:--|---------:|:--|:----|:--|--------:|:--|
| Net loss, beginning of period                           |     | $ |  158,073 |   |     | $ |  50,791 |   |
| Other (gain)/loss during the period                     |     |   |  (47,413 | ) |     |   | 110,313 |   |
| Other prior year (gain)/loss recognized in period       |     |   | (157,632 | ) |     |   |       — |