Company: NCEL
Filing Date: 2025-09-03
Form Type: F-4/A
Source: 0001213900-25-084157
Chunk: 509

Company: NewcelX Ltd.
Filing Date: 2025-09-03
Form: F-4/A
Chunk 509
---
5. (7)Consists of (i) 207,913 NLS Common Shares, and (ii) 207,913 NLS Common Shares issuable upon exercise of common warrants exercisable within 60 days of August 28, 2025, subject to a beneficial ownership limitation of 9.99%. The beneficial ownership limitation restricts from exercising that portion of the warrants that would result in League Jinn Sarl owning, after exercise, a number of NLS Common Shares in excess of the beneficial ownership limitation. Julien Ruggieri, the sole manager of League Jinn Sarl holds voting and dispositive power over the securities held by League Jinn Sarl. The address of League Jinn Sarl is 4 -6Rue Du Fort Rheinsheim, L -2419, Luxemburg. (8)Consists of (i) 781,190 NLS Common Shares issuable upon conversion of NLS Preferred Shares within 60 days of August 28, 2025, (ii) 738,676 NLS Common Shares issuable upon exercise of common warrants within 60 days of August 28, 2025, (iii) 400,023 NLS Common Shares issuable upon conversion of 370,093 PPCs within 60 days of August 28, 2025, and (iv) 677,308 NLS Common Shares issuable upon exercise of pre -fundedwarrants within 60 days of August 28, 2025. The common warrants are subject to a beneficial ownership limitation of 9.99%, and the pre -fundedwarrants are subject to a beneficial ownership limitation of 4.99% (or upon election of Alpha, 9.99%). Such limitation restricts Alpha from exercising that portion of the warrants that would result in Alpha and its affiliates owning, after exercise, a number of NLS Common Shares in excess of the beneficial ownership limitation. As a result, the number of NLS Common Shares reflected in the table owned by Alpha includes (a) any outstanding NLS Common Shares held by such shareholder, and (b) if any, the number of NLS Preferred Shares and warrants convertible into NLS Common Shares that the holder has the right to acquire within 60 days of August 28, 2025 without such holder or any of such holder’s affiliates beneficially owning more than the beneficial ownership limitation of 9.99%. The pre -fundedwarrants are subject to a beneficial ownership