Company: NCEL
Filing Date: 2025-07-29
Form Type: F-4/A
Source: 0001213900-25-068765
Chunk: 43

Company: NewcelX Ltd.
Filing Date: 2025-07-29
Form: F-4/A
Chunk 43
---
. In addition, it requires an update as to situations where options may be issued. The Board of Directors further believes that an increase of such capital to the maximum amount permitted by law (i.e., in the amount of one -halfof the new share capital to be calculated following the ordinary capital increase as per the proposals of the Board of Directors herein, less the amount of the conditional share capital for employee and advisory options in accordance with article 3b of the Articles) is in the best interest of the Company.

Proposal:Subject to the condition and as of the date immediately following the implementation of Proposal2, 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 — Bedingtes Aktienkapital für Aktionärsoptionen                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |     | Art. 3c — Conditional Share Capital for Shareholders’ Options                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |
| Das Aktienkapital wird im Maximalbetrag von CHF 88‘146.66 durch Ausgabe von höchstens 1‘469‘111 vollständig zu liberierenden Namenaktien (Stammaktien) mit einem Nennwert von je CHF 0.06 erhöht durch Ausübung von Optionsrechten mit einer maximalen Laufzeit von 10 Jahren, welche in Verbindung mit einem öffentlichen Angebot der Gesellschaft und Kotierung von Aktien Aktionären eingeräumt werden oder anstelle von Aktien bei bestehenden Stimmrechtsgrenzen gewährt werden oder die im Zusammenhang mit oder zur Deckung von Finanzierungsverpflichtungen gewährt werden. 
 […]                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 |     | The Company‘s share capital shall be increased by a maximum amount of CHF 88,146.66 through the issuance of not more than 1,469,111 registered shares (common shares), with a nominal value of CHF 0.06 each by the exercise of option rights, with a term of not more than ten years, which are granted to shareholders in connection with a public offer of the Company and the listing of 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. 
 […]”