Company: NCEL
Filing Date: 2025-07-29
Form Type: F-4/A
Source: 0001213900-25-068765
Chunk: 827

Company: NewcelX Ltd.
Filing Date: 2025-07-29
Form: F-4/A
Chunk 827
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| Salary decrease of 1%                                                                  |     |               (13 | ) |
| Sensitivity test to a change in the discount rate of the plan’s assets and liabilities |     |                   |   |
| The change as a result of:                                                             |     |                   |   |
| Increase of 1% in discount rate                                                        |     |               (13 | ) |
| Decrease of 1% in discount rate                                                        |     |                15 |   |

Annex G-25 KADIMASTEM LTD.
NOTES TO FINANCIAL STATEMENTS NOTE 15: — CONVERTIBLE LOAN AND CONVERSION COMPONENT OF CONVERTIBLE LOAN AND WARRANTS A.On October 16, 2023, the Company entered into an agreement with the Alpha Capital Anstalt Fund (hereinafter, the “Alpha Fund”) and Mr. Julian Ruggieri (hereinafter, “Mr. Ruggieri”), one of the Company’s shareholders, to invest up to USD $1.7 million in the Company through a convertible loan (hereinafter, the “Loan Principal”) that may be converted into ordinary shares and non -marketablewarrants, exercisable into the Company’s ordinary shares of NIS 0.1 par value. The loan agreement was approved at the shareholders’ meeting on December 3, 2023. Below are the terms of the loan: 1.A total of USD $1.25 million (Alpha Fund — USD $1 million; Mr. Ruggieri — USD $250 thousand) (hereinafter, the “Initial Loan Amount”) will be disbursed by the investors up to 7 days after the fulfillment of all the conditions (as defined below) (hereinafter, the “First Completion Date”). 2.The Company will have the right to require the investors to provide the Company with an additional amount in excess of the Initial Loan Amount of USD $450 thousand (Alpha Fund — USD $200 thousand; Mr. Ruggieri — USD $250 thousand) (hereinafter, the “Second Loan Amount”) in the 12 -monthperiod starting on the First Completion Date. The loan principal will bear interest at an annual rate of 10% (non -linked) (hereinafter, the “Interest” and with the loan principal, the “Loan”). The Loan repayment date will be after 15 months from the First Completion Date, and despite the above, the Company may extend the