Company: NCEL
Filing Date: 2025-06-09
Form Type: F-4/A
Source: 0001213900-25-052354
Chunk: 490

Company: NewcelX Ltd.
Filing Date: 2025-06-09
Form: F-4/A
Chunk 490
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 exceeding five years from the date of the shareholder approval; or •conditional capital for the purpose of issuing shares in connection with, among other things, (i) option and conversion rights granted in connection with warrants and convertible bonds of NLS or one of our subsidiaries or options to shareholders or (ii) grants of rights to employees, members of our Board or consultants or our subsidiaries or other persons providing services to NLS or a subsidiary to subscribe for new shares (conversion or option rights). 295 Additional information regarding capital band and conditional capital are set forth below in the sections entitled “Capital Band” and “Conditional Share Capital”. Capital Band As of December31, 2024, the articles of association authorized our board of directors to increase the share capital (within a period of no more than five years) and set forth the nominal amount by which the board of directors may increase the share capital (such authorized capital may not exceed one -halfof the existing share capital). The articles of association provided for capital band under article 3a of the articles of association according to which the capital band shall have an upper limit of CHF 3,979,498.80 and the board of directors was authorized at any time until November8, 2029, to increase the share capital by a maximum of CHF 1,326,499.60 once or several times and in any amount by issuing up to 1,658,124 Common Shares. The articles of association also explicitly set forth the events for which a restriction or exclusion of the pre -emptiverights from the current shareholders is permitted. Under our articles of association as of the date of this proxy statement/prospectus, there was no capital band instated. The board of directors may propose the re -introductionof a capital band in an upcoming shareholders’ meeting. In the extraordinary general meeting of the shareholders of NLS, which will be held at 4 pm, local time, on, 2025, at Advokatur 107, Rorschacher Str. 107, 9000 St. Gallen, Switzerland, unless postponed or adjourned to a later date, the Board proposes the re -introductionof a capital band to its articles of association, whereby our Board would be authorized until [•], 2030, to increase our share capital by a maximum aggregate amount of CHF [•] through the issuance of not more than [•] registered shares (Common Shares), which would have to be fully paid -in, each with