Company: NCEL
Filing Date: 2025-06-09
Form Type: F-4/A
Source: 0001213900-25-052354
Chunk: 241

Company: NewcelX Ltd.
Filing Date: 2025-06-09
Form: F-4/A
Chunk 241
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 in the form of capital band (Kapitalband) to be utilized by the NLS Board within a period determined by the shareholders but not exceeding five years from the date of the shareholder approval. Increases in partial amounts are permitted. The NLS Board determines the timing, issue price, the type of contributions and the date on which the dividend entitlement commences. The NLS Board may allow the pre -emptiverights that have not been exercised to expire, or it may place such shares or the pre -emptiverights which have not been exercised, at market conditions or use them otherwise in the interest of NLS. Such increase of the share capital is (i) by means of an offering underwritten by a financial institution, a syndicate of financial institutions or another third party, followed by an offer to the then -existingshareholder of NLS or third parties (if the pre -emptiverights of the existing shareholders have been excluded or not been duly exercised), and (ii) in partial amount, permissible. The NLS Board is authorized to restrict or exclude the pre -emptiverights of the shareholders with respect to the shares to be issued under the capital band and allot them to third parties, NLS or any of its subsidiaries in accordance with the Articles. Since the capital band falls away whenever an ordinary capital increase occurs, shareholders will be asked, at the extraordinary shareholders’ meeting, to approve the reinstatement of a capital band of the Company with an upper limit equal to the maximum amount permitted by law (i.e., in the amount of one -halfof the New Share Capital to be calculated on the day of the extraordinary shareholders’ meeting), which shall remain shall remain in force for a duration of five years as of the date of the extraordinary shareholders’ meeting. Additional information regarding capital band is set forth below in the section entitled “Capital Band” and in the proxy statement. Please also see “ Preliminary Proxy Statement, Subject To Completion — Notice Of Extraordinary Meeting Of Shareholders To Be Held On , [2025] — 4. Reinstatement of the Capital Band” of this proxy statement/prospectus. To approve this Proposal4, a resolution passed by a Supermajority Vote is required. You may vote “FOR,” “AGAINST” or “ABSTAIN” on Proposal 4. A failure to vote, an abstention or a broker non -vote, if any, will have the same effect as a vote “AGAINST” Proposal 4. THE NLS BOARD