Company: NCEL
Filing Date: 2025-03-03
Form Type: F-4/A
Source: 0001213900-25-018981
Chunk: 383

Company: NewcelX Ltd.
Filing Date: 2025-03-03
Form: F-4/A
Chunk 383
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including a merger, demerger or conversion of a company). Such Federal Act is not applicable with regard to the Merger since the Merger occurs between the Merger Sub and Kadimastem, both companies incorporated under the laws of and domiciled in Israel. In accordance with Swiss law, our articles of association do not provide quorum requirements generally applicable to general meetings of shareholders. If a company requires an ordinary audit, which NLS does, the auditor must be present at such shareholders’ meeting, unless the shareholders’ meeting waives such attendance by unanimous decision of those present. To this extent, Swiss law varies from the requirement of Nasdaq Listing Rule 5620(c), which requires an issuer to provide in its bylaws for a generally applicable quorum, and that such quorum may not be less than one -thirdof the outstanding voting stock. Voting Rights Each Common Share and/or Preferred Share entitles its holder to one vote in our shareholders’ meetings, irrespective of the nominal value of such share. Our shares are not divisible. The right to vote, and the other rights of share ownership, may only be exercised by shareholders (including any nominees) or usufructuaries (a person who has the right to enjoy the use and advantages of another’s property short of the destruction or waste of its substance), who are entered in our share register at cut -offdate determined by the Board, as authorized by our articles of association and Swiss law. Those entitled to vote in the shareholders’ meeting may be represented by (i) the independent proxy, who is elected annually by the shareholders’ meeting until the end of the following annual general meeting and may be re -elected; or (ii) a third person (who does not need to be a shareholder) with written authorization to act as proxy or the shareholder’s legal representative. The chairperson of the Board has the power to decide whether to recognize a power of attorney. If NLS does not have an independent proxy or is unable to attend, the Board shall appoint the independent proxy for the next shareholders’ meeting. Inspection of Books and Records The annual report and the auditors’ report shall be made available for inspection by the shareholders at the latest 20 days prior to the annual general meeting. Each shareholder may demand an immediate delivery of these documents. The notice to the shareholders must refer to this right. Under Swiss law, a shareholder may also, upon request submitted to NLS, inspect the minutes of shareholders’ meetings. Under Swiss law, each shareholder may, at