Company: NCEL
Filing Date: 2025-09-03
Form Type: F-4/A
Source: 0001213900-25-084157
Chunk: 17

Company: NewcelX Ltd.
Filing Date: 2025-09-03
Form: F-4/A
Chunk 17
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 none. (viii) Restriction or cancellation of subscription rights and the consequences of subscription rights not exercised or withdrawn: The subscription rights of the shareholders are excluded for valid reasons (i.e., for raising capital in a fast and flexible manner as part of a restructuring measure) within the meaning of Art. 652b of the CO. The subscription rights shall be allocated in the best interest of the Company. The Board of Directors is entitled to implement this capital increase in one or several steps. The details of the proposal regarding the total nominal amount, the number of shares and the issue price as well as the information derived therefrom is provisional. The Board of Directors will determine the final details no later than the morning of the NLS Meeting and will finalize this proposal accordingly, which does not constitute an amendment to the proposal. 4.Reinstatement of the Capital Band (Art. 3a) Explanation:According to Swiss corporate law, any capital band previously implemented falls away if an ordinary share capital increase is implemented and the Company’s current capital band will have to be re -instatedand amended as per the proposal of the Board of Directors. The Board of Directors takes this opportunity to expand the capital band to also allow capital reductions within the capital band and to further specify the reasons for any cancellation of pre -subscriptionrights by the Board of Directors. The Board of Directors is of the opinion that these amendments provide the Company with the necessary flexibility regarding potential future transactions involving the Company’s capital structure.

Proposal:Subject to the condition and as of the date immediately following the implementation of Proposal2, the Board of Directors proposes that the Company’s capital band shall be re -instatedand amended and that Article 3a (Capital Band) of the Articles shall be amended as follows:

| “Art. 3a — Kapitalband                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                
 Die Gesellschaft verfügt über ein Kapitalband mit einer oberen Grenze von CHF [345’440.04] und einer unteren Grenze von CHF [115’146.72]. Der Verwaltungsrat ist ermächtigt, jederzeit bis zum 19 August 2030 (a) das Aktienkapital um maximal CHF [115’146.66] einmal oder mehrmals und in beliebigen Beträgen zu erhöhen und (b) das Aktienkapital und/oder das Partizipationskapital einmal oder mehrmals in beliebigen Beträgen zu redu