Company: NCEL
Filing Date: 2025-09-03
Form Type: F-4/A
Source: 0001213900-25-084157
Chunk: 265

Company: NewcelX Ltd.
Filing Date: 2025-09-03
Form: F-4/A
Chunk 265
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 to any third party or reacquired, and have been held by the Company from inception. Accordingly, they do not meet the U.S. GAAP definition of treasury stock because no reacquisition transaction has occurred. For U.S. GAAP purposes, these shares are classified as issued, but not outstanding and are excluded from outstanding share counts in our financial statements elsewhere in this proxy statement/prospectus and from the calculation of basic and diluted earnings per share under U.S. GAAP. Each NLS Common Share and NLS Preferred Share entitles its holder to one vote in the NLS Meeting. Preferred Participation Certificates do not carry any voting rights. Shareholders who are entered in the shareholder register maintained by NLS’s transfer agent, VStock Transfer, LLC as of September 5, 2025, 11:59 pm CET (record date), are entitled to participate personally or be represented as provided for herein in order to exercise their shareholder rights with respect to this extraordinary shareholders’ meeting. During the period from September 6, 2025, until and including September 29, 2025 no entries of shares will be made in the shareholder register. Shareholders who sell part or all of their shares before the NLS Meeting are no longer entitled to vote to that extent. They are asked to return or to exchange their voting material. Quorum Neither Swiss law nor the Articles provide any quorum requirements applicable to the NLS Meeting. Abstentions and Broker Non-Votes Pursuant to Swiss law, broker non -votesas well as abstentions, are treated as votes cast in the NLS Meeting and count as “ABSTAIN” votes. Since a Proposal requires the approval by a Simple Majority Vote or a Supermajority Vote, “ABSTAIN” votes have the same effect as “AGAINST” votes on the Proposals. Vote Required Pursuant to Swiss law, the NLS Meeting generally approves resolutions by a Simple Majority Vote. In certain instances, however, Swiss law or the Articles require the NLS Meeting to approve a resolution by the Supermajority Vote. The following proposals require a Simple Majority Vote at the NLS Meeting: •Proposal No. 1 to approve the Merger Agreement. •Proposal No. 8 to approve the name change of NLS. •Proposal No. 9 to approve the election of the new members to the NLS Board. •Proposal No. 10 to approve the election of members of the Compensation, Nomination and Governance Committee. •Proposal No