Company: NCEL
Filing Date: 2025-10-24
Form Type: POS AM
Source: 0001213900-25-102149
Chunk: 34

Company: NewcelX Ltd.
Filing Date: 2025-10-24
Form: POS AM
Chunk 34
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 an upper limit of CHF 3,979,498.80 and the board of directors was authorized at any time
until November 8, 2029, to increase the share capital by a maximum of CHF 1,326,499.60 once or several times and in any amount by issuing
up to 1,658,124 Common Shares. The articles of association also explicitly set forth the events for which a restriction or exclusion of
the pre-emptive rights from the current shareholders is permitted.

Under our articles of association
as of the date of the prospectus, there is no capital band instated. The board of directors may propose the re-introduction of a capital
band in an upcoming shareholders’ meeting.

Within the limits of Swiss
law, a general meeting of shareholders may increase or alter the capital band granted to the board of directors.

To affect any capital increase
based on a capital band, the Company will have to follow the relevant procedures under Swiss law. In particular, the Company’s
board of directors will have to issue a capital increase report (Kapitalerhöhungsbericht), approve a notarized confirmation resolution
(Feststellungsbeschluss) on the capital increase and the articles of association, and obtain (i) duly executed subscription form(s) covering
the subscription of the relevant number of new shares, (ii) a report of an audit firm relating to the withdrawal of the pre-emptive rights,
as well as (iii) a banking confirmation confirming the payment of the aggregate nominal value of the respective number of new shares
to a special Swiss bank account, all in accordance with Swiss law. The Company’s board of directors will subsequently have to file
the relevant documentation accompanied by an application form with the competent commercial register. Any issuance of common shares based
on such filing(s) is subject to the recording of the respective capital increase(s) in the commercial register in accordance with Swiss
law and its publication in the electronic Swiss Official Gazette of Commerce (Schweizerisches Handelsamtsblatt).

Our Conditional Share Capital

Conditional Share Capital for Shareholders’ Options

As per our current version
of the articles of association as of the date of this prospectus, our nominal share capital may be increased by a maximum aggregate amount
of CHF 69,934.02 (CHF 1,282,499.60 as of December 31, 2024) through the issuance of not more than 2,321,