Company: NCEL
Filing Date: 2025-07-29
Form Type: F-4/A
Source: 0001213900-25-068765
Chunk: 35

Company: NewcelX Ltd.
Filing Date: 2025-07-29
Form: F-4/A
Chunk 35
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 a result of the reverse stock split, the number of outstanding NLS Common Shares, outstanding Preferred Shares and PPCs will be reduced equally for all holders at the reverse split ratio. Concurrently, the par value of each NLS Common Share, Preferred Share and PPC, will be correspondingly increased, while the Company’s share capital value will remain unchanged (except for the marginal capital increases pursuant to this agenda item). Holders of pre -consolidationshares (NLS Common Shares, Preferred Shares or PPCs prior to the reverse stock split) will be “allotted” only whole post -consolidationshare (NLS Common Shares, Preferred Shares or PPCs after the reverse stock split). Any remaining number of pre -consolidationshares held by a shareholder will be rounded down for reasons of operational efficiency and transaction security. The resulting fractions will be settled, and the affected shareholders will receive a cash compensation in CHF for such fraction determined either based on the volume -weightedaverage price of the NLS Common Shares during the last five trading days on Nasdaq immediately prior to the date of the NLS Meeting. The Board of Directors proposes to combine the relevant amendments to the capital regarding the reverse stock split with the capital increase required to implement the Merger into one resolution as set out below. Proposal:The Board of Directors proposes to take the following resolution, whereby the below listed subpoints form one single resolution: •to reduce the par value of each existing registered NLS Common Share, existing registered Preferred Share and existing PPC from CHF 0.03 to CHF 0.003, i.e., the total share capital from CHF 184,738.14 by CHF 166,264.33 to CHF 18,473.81 and the total participation capital from CHF 18,193.56 by CHF 16,374.20 to CHF 1,819.36, whereby the reduction amount shall be booked into the reserves from capital contributions; •to increase the capital by CHF 0.28 from CHF 27,057.56 to CHF 27,057.84 by issuing 6 registered NLS Common Shares (no preferential rights), 36 existing registered Preferred Shares (with preferential rights according to the Company’s articles of association, as amended, (the “Articles”)) and 28 existing PPCs (with preferential rights according to the Articles), each without transfer restrictions, dividend rights as of the date of registration with the commercial register