Company: NCEL
Filing Date: 2025-09-03
Form Type: F-4/A
Source: 0001213900-25-084157
Chunk: 769

Company: NewcelX Ltd.
Filing Date: 2025-09-03
Form: F-4/A
Chunk 769
---
 effective September 27, 2024 (See note 2). The accompanying notes are an integral part of these consolidated financial statements.

Annex F-5

NLS PHARMACEUTICS LTD. AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY (DEFICIT) FOR THE YEARS ENDED DECEMBER 31, 2024, 2023 AND 2022

| Shares                                                        |     | Preferred Shares | Amount |     |   |          | Shares |     | Common Shares 
        Amount |     |   |           |     | Additional 
 Paid in    
 Capital    |            |   |     | (Accumulated 
 Deficit)     |             |   |     | Accumulated   
 Other         
 Comprehensive 
 Loss          |          |   |     | Total |             |   |
|:--------------------------------------------------------------|:----|-----------------:|:-------|:----|:--|---------:|:-------|:----|--------------:|:----|:--|----------:|:----|:-----------|-----------:|:--|:----|:-------------|:------------|:--|:----|:--------------|---------:|:--|:----|:------|------------:|:--|
| BALANCE, January 1, 2022                                      |     |                — |        |     | $ |        — |        |     |       405,585 |     | $ |   314,948 |     | $          | 42,084,954 |   |     | $            | (41,705,775 | ) |     | $             | (151,739 | ) |     | $     |     542,388 |   |
| Issuance of common shares direct offering, net                |     |                  |        |     |   |        — |        |     |        75,384 |     |   |    60,308 |     |            |  1,851,205 |   |     |              | —           |   |     |               |        — |   |     |       |   1,911,513 |   |
| Issuance of warrants, net                                     |     |                — |        |     |   |        — |        |     |             — |     |   |         — |     |            |  2,047,208 |   |     |