Company: NCEL
Filing Date: 2025-03-03
Form Type: F-4/A
Source: 0001213900-25-018981
Chunk: 830

Company: NewcelX Ltd.
Filing Date: 2025-03-03
Form: F-4/A
Chunk 830
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 |     |              (182 | ) |
| Revaluation recognized in OCI                                            |     |               (6 | ) |     |         (8 | ) |     |         (33 | ) |     |               (47 | ) |
| Balance as of December 31, 2023                                          |     |            2,093 |   |     |        301 |   |     |         361 |   |     |             2,755 |   |

F. Management of the Company’s capital The Company’s goals in managing its equity are to preserve the Company’s ability to ensure business continuity, and thus generate a return for the shareholders, investors, and other stakeholders. The group has pledged some of its short -termdeposits. As of December 31, 2023, and 2022, the fair value of the pledged deposits is USD $170 and $163 thousand, respectively (see Note 17g). After the reporting date, the deposit was reduced to a total of USD $133 thousand. Note14: — EMPLOYEE BENEFIT ASSETS AND LIABILITIES Employee benefits include short -termbenefits, post -employmentbenefits, other long -termbenefits, and termination benefits. Post-employment benefits The applicable labor laws and the Severance Pay Law in Israel require the Company to pay severance to employees upon their dismissal or retirement, or to make regular contributions into defined contribution plans according to Section 14 of the Severance Pay Law, as described below. The Company’s liability accounted for is a post -employmentbenefit.

Annex G-23

KADIMASTEM LTD.
NOTES TO FINANCIAL STATEMENTS Note14: — EMPLOYEE BENEFIT ASSETS AND LIABILITIES (cont.) The calculation of the Company’s liability with respect to employee benefits is determined according to the effective employment agreement and the employee’s salary and employment terms, which establish the right to receive compensation. The post -employmentemployee benefits are generally funded by contributions that are classified as a defined benefit plan or a defined contribution plan, as detailed below. 1. Defined contribution plans Section 14 to the Severance Pay Law (1963) applies to part of the compensation payments, pursuant to which the fixed contributions paid by the Company into pension funds and/or policies of insurance companies release the Company from any additional liability to employees for whom said contributions were made. These contributions and contributions for benefits represent defined contribution plans.

|                                         |     | Year ended December