Company: NCEL
Filing Date: 2025-06-23
Form Type: F-4/A
Source: 0001213900-25-056787
Chunk: 496

Company: NewcelX Ltd.
Filing Date: 2025-06-23
Form: F-4/A
Chunk 496
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 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 CHFthrough the issue of a maximum offully paid -inregistered shares, each with a nominal value of at least CHF(Common Shares). These new registered shares shall be issued at a price equaling the nominal value of the shares. The NLS Board shall determine the other issue conditions of the Common Shares. 298 Participation Certificates and Profit-sharing Certificates As of the date of this proxy statement/prospectus, NLS has a participation capital (non -votingcapital) of CHF 18,193.56, divided into 606,452 fully paid -inparticipation certificates (Preferred Participation Certificates), with a nominal value of CHF 0.03 each. The Preferred Participation Certificates do not carry any voting rights but preferred dividend rights. As of the date of this proxy statement/prospectus, NLS has no profit -sharingcertificates (Genussscheine) outstanding. Treasury Shares As of the date of this proxy statement/prospectus, NLS may hold Common Shares in treasury and may consider issuing additional Common Shares to the Exchange Agent during a capital increase. Swiss law limits our right to purchase and hold our own shares. NLS and its subsidiaries may purchase shares only if and to the extent that (i) freely disposable equity capital is available in the required amount; and (ii) the combined nominal value of all such shares does not exceed 10% of the share capital. Pursuant to Swiss law, where shares are acquired in connection with a transfer restriction set out in the articles of association, the foregoing upper limit is 20%. We currently do not have any transfer restriction in our articles of association. If we own shares that exceed the threshold of 10% of our share capital, the excess must be sold or cancelled by means of a capital reduction within a reasonable time. Shares held by NLS or its subsidiaries are not entitled to vote at the shareholders’ meeting but are entitled to the economic benefits applicable to the shares generally, including dividends and pre -emptiverights in the case of share capital increases. Swiss law and our articles of association do not impose any restrictions on the exercise of voting or any other shareholder rights by shareholders residing outside