Company: NCEL
Filing Date: 2025-07-29
Form Type: F-4/A
Source: 0001213900-25-068765
Chunk: 839

Company: NewcelX Ltd.
Filing Date: 2025-07-29
Form: F-4/A
Chunk 839
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.1 per share (p.v. USD $0.03 per share) |     |      150,000,000 |     |  4,193,689 |     | 150,000,000 |     |  4,193,689 | * |

____________ *Adjusted retrospectively due to a reverse share split. See Notes 18I and 18K.

Annex G-33

KADIMASTEM LTD.
NOTES TO FINANCIAL STATEMENTS Note 18: — EQUITY (cont.) B. Movement in share capital Issued and paid -upcapital:

|                                 |     |   Number of 
      shares |   |     | USD par value 
  in thousands |
| Balance as of January 1, 2023   |     |  36,406,747 |   |     |         1,081 |
| Issuance of share capital       |     |   5,530,152 |   |     |           157 |
| Balance as of December 31, 2023 |     |  41,936,899 |   |     |         1,238 |
| Reverse Share Split             |     | (37,743,210 | ) |     |             — |
| Balance as of December 31, 2024 |     |   4,193,689 |   |     |         1,238 |

C. The rights attached to shares Holders of ordinary shares have the right to participate and vote in the Company’s general meeting, the right to participate in the Company’s profits in the event of the Company’s liquidation, and the right to receive dividends, as declared. D.On February 19, 2020, the Company completed a material private placement, offering: 1.645,706 non -marketablewarrants (Series E1), each of which was exercisable for one Share for an exercise price of about NIS 3; the warrants would be exercisable until September 30, 2020 (hereinafter, the “Series E1 Warrant”). The Series E1 Warrants’ value, USD $173 thousand, was determined according to the Black -Scholesmodel based on the following assumptions:

| Dividend yield for the share (%)    |     |     — |   |
| Expected share price volatility (%) |     | 67.14 | % |
| Risk-free interest rate (%)         |     |   0