Company: NCEL
Filing Date: 2025-07-29
Form Type: F-4/A
Source: 0001213900-25-068765
Chunk: 529

Company: NewcelX Ltd.
Filing Date: 2025-07-29
Form: F-4/A
Chunk 529
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 Swiss company may be amended with a resolution passed by a Simple Majority Vote, unless otherwise provided in the articles of association. There are a number of resolutions, such as an amendment of the stated purpose of the company and the introduction of capital band and conditional share capital, that require a Supermajority Vote (for a complete list of matters requiring such majority, please see section entitled “Voting and Quorum Requirements”). The articles of association may increase the voting thresholds. |

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| Rights of Kadimastem shareholders                                                                                                                                                                                                                                                                                                                                                                                                                     |     | Rights of NLS Pharmaceutics shareholders                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    |
| Informational Shareholder Rights                                                                                                                                                                                                                                                                                                                                                                                                                      |     |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             |
| At shareholder meetings, any shareholder is entitled to information from the Board on the affairs of the company and from the external auditors on the methods and results of their audit, to the extent this is required for the exercise of shareholder rights and subject to the company’s business secrets or other interests warranting protection.                                                                                              |     | At shareholder meetings, any shareholder is entitled to information from the NLS Board on the affairs of the company and from the external auditors on the methods and results of their audit, to the extent this is required for the exercise of shareholder rights and subject to the company’s business secrets or other interests warranting protection.                                                                                                                                                                                                
 According to Swiss law, shareholders representing at least 5% of the share capital or votes have the right to inspect a company’s books. The NLS Board must grant the inspection insofar as it is necessary for the exercise of shareholders’ rights and the disclosure would not reveal confidential business secrets or infringe other protected interests. Upon inspection of the books, the shareholders may make notes. The right to inspect the share register is limited to the right to inspect that shareholder’s own entry in the share register. |
| Dividends                                                                                                                                                                                                                                                                                                                                                                                                                                             |     |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             |
| Under Israeli law, the Board may declare dividends upon the determination there is no reasonable concern that the distribution will prevent us from being able to meet the terms of our existing and foreseeable obligations as they become due.                                                                                                                                                                                                      
 Under the Companies Law, the distribution amount is further limited to the greater of retained earnings or earnings generated over the two most recent years legally available for distribution according to the then last reviewed or audited financial statements, provided that the date of the financial statements is not more than six months prior to the date of distribution.                                                                |     | Dividend payments are