Company: NCEL
Filing Date: 2025-07-18
Form Type: F-4/A
Source: 0001213900-25-065783
Chunk: 533

Company: NewcelX Ltd.
Filing Date: 2025-07-18
Form: F-4/A
Chunk 533
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 case of an employee participation plan, however, for a maximum period of 6 years, i.e., in total 12 years). No Additional Capital Contributions Under Swiss law, shareholders are not obliged to make any capital contribution in excess of the subscription amount, which can under no circumstance be less than the par value per share. Consolidation With the approval by a Supermajority Vote, NLS can consolidate shares into shares with higher par value. A share consolidation involving NLS Preferred Shares or preferred participation certificates would require a vote by the respective share class in addition to a Supermajority Vote. Splitting With the approval of a Simple Majority Vote, NLS can split shares into shares with lower par value. A share splitting involving NLS Preferred Shares or preferred participation certificates would require a vote by the special meeting of the affected share class in addition to a Simple Majority Vote of the shareholders’ meeting. Variation of Class Rights With the approval of a Simple Majority Vote and a vote by the special meeting of holders of the affected preferred share class (Preferred Shares or Preferred Participation Certificates), NLS may vary certain voting or economic rights attached to either class of its shares, except that NLS may not by any corporate or shareholder action revoke those rights attaching to its shares which are irrevocable under Swiss law. Under Swiss law, certain rights, such as the dividend and liquidation rights of our shares, as well as the right to one vote for each share, are statutory in nature and cannot be revoked by the terms of our articles of association, a resolution of its shareholders of any share class or by 302 any other corporate action. These rights may only be varied for the benefit of the holders of our shares, for instance to increase their dividend, liquidation or voting rights, with approval of a Simple Majority and a vote by the special meeting of holders of the affected preferred share class. Pre-emptive Rights and Advance Subscription Rights Pursuant to Swiss law, shareholders have pre -emptiverights (Bezugsrechte) to subscribe for new issuances of shares. With respect to conditional capital in connection with the issuance of conversion rights, convertible bonds or similar debt instruments, shareholders have advance subscription rights (Vorwegzeichnungsrechte) for the subscription of conversion rights, convertible bonds or similar debt instruments. A resolution passed by a Supermajority Vote may authorize the NLS Board to withdraw or limit pre -emptiverights and/or advance subscription rights in certain circumstances. If pre -emptiverights are granted, but not exercised