Company: NCEL
Filing Date: 2025-07-29
Form Type: F-4/A
Source: 0001213900-25-068765
Chunk: 341

Company: NewcelX Ltd.
Filing Date: 2025-07-29
Form: F-4/A
Chunk 341
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, certain compensations in connection with non -competes, advances, transaction premiums and similar payments to senior management and director are prohibited. •Code of Business Conduct and Ethics. Pursuant to Swiss law, we adopted a code of business conduct and ethics applicable to all of our directors, senior management and employees, which may not comply with the requirements of Nasdaq Listing Rule 5610. Conditions to the Consummation of the Merger The Merger Agreement requires the parties to consummate the Merger after all of the conditions to the consummation of the Merger contained in the Merger Agreement are satisfied or waived. Such conditions include: The following mutual conditions of the parties unless waived: •the Merger Agreement and the Merger shall have been approved and adopted by the shareholders of NLS, Kadimastem and Merger Sub; •receipt of requisite consents from governmental authorities to consummate the Transactions (as defined in the Merger Agreement), and receipt of specified requisite consents from other third parties to consummate the Transactions; •the absence of any law or order that would prohibit the consummation of the Merger or other transactions contemplated by the Merger Agreement; •the effectiveness of the proxy statement, and, if applicable, the registration statement shall have been declared effective by the SEC; •the Boards and the board of directors of each Kadimastem shall have received a fairness opinion relating to the Merger in form reasonably satisfactory to such respective boards; •the parties shall have made all the Required Filings (as defined in the Merger Agreement); •NLS shall have taken all necessary actions to effectuate a reverse stock split of NLS Common Shares, in order to satisfy the applicable Nasdaq initial listing requirements for the combined company following the Merger and Nasdaq shall have approved such listing of NLS Common Shares post such stock split; •NLS shall have obtained the all the Israeli related exemptions and consents; •except as agreed upon by the parties, all terms and conditions of the CVR Agreement shall remain in full force and effect; •applicable tax ruling shall have been approved by the Israeli Tax Authorities; •except as agreed upon by the parties, all terms and conditions of the Exchange Agreement shall remain in full force and effect; and •NLS shall have submitted the required Nasdaq notifications in accordance with Nasdaq rules and Nasdaq shall not have objected to such notifications on or prior to the Closing Date, as well as the notifications to any Swiss regulator as are required for the consumm