Company: NCEL
Filing Date: 2025-06-23
Form Type: F-4/A
Source: 0001213900-25-056787
Chunk: 15

Company: NewcelX Ltd.
Filing Date: 2025-06-23
Form: F-4/A
Chunk 15
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 article 3b of the Articles) is in the best interest of the Company. Proposal:The Board of Directors proposes that the Company’s conditional capital for employee and advisory options shall be amended and that Article 3c para. 1 (Conditional Share Capital for Shareholders’ Options) shall be amended as follows: “Art. 3c — Conditional Share Capital for Shareholders’ Options The Company’s share capital shall be increased by a maximum amount of CHF [•] through the issuance of not more than [•] registered shares (Common Shares), with a nominal value of CHF 0.03 each by the exercise of option rights, with a term of not more than ten years, which are granted to new shareholders in connection with a public offer of the Company and the listing of the shares, or which are granted instead of shares in case of existing voting rights limitations, or which are granted in connection with or to cover financing commitments. […]” 7. Amendment to the Articles regarding the Provisions on the Share Register and Voting Rights Explanation: Due to the transactions contemplated by and in connection with the Merger, a limitation on exercisable voting rights is intended to be introduced in the Company’s articles of association. Accordingly, shareholders shall only be able to (directly or indirectly) hold, and exercise voting rights for, a maximum of 9.99% of the share capital of the Company at any one time. To effect this, the provisions on the entry of shareholders into the share register as well as the provisions on the voting rights is intended to be amended. This amendment ensures that no sole shareholder may gain a controlling voting majority in the Company without the Board of Directors (indirectly) approving such majority by approving the relevant entry of such a shareholder in the share register. The Board of Directors is of the opinion that such a limitation is in the best interest of the Company. Proposal: The Board of Directors proposes that Article 6 (Share Register, Register of Book-Entry Securities) and Article 12 (Voting Right and Proxy) shall be amended as follows: “Art. 6 — Share Register, Register of Book-Entry Securities The Company shall maintain a share register, which lists the name and address respectively, in case of legal entities, the company name and registered offices of the owners, usufructuaries or nominees of the shares. In relation to the Company, only those who are entered in the share register are considered registered shareholders or usufructuaries of a registered share. Registration as