Company: NCEL
Filing Date: 2025-03-03
Form Type: F-4/A
Source: 0001213900-25-018981
Chunk: 397

Company: NewcelX Ltd.
Filing Date: 2025-03-03
Form: F-4/A
Chunk 397
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 provided that: •the judgment was rendered by a court which was, according to the laws of the state of the court, competent to render the judgment; •the obligation imposed by the judgment is enforceable according to the rules relating to the enforceability of judgments in Israel and the substance of the judgment is not contrary to public policy; and 238 •the judgment is capable of being executed in the state in which it was given. Even if these conditions are met, an Israeli court may not declare a foreign civil judgment enforceable if: •the judgment was given in a state whose laws do not provide for the enforcement of judgments of Israeli courts (subject to exceptional cases); •the enforcement of the judgment is likely to prejudice the sovereignty or security of the State of Israel; •the judgment was obtained by fraud; •the opportunity given to the defendant to bring its arguments and evidence before the court was not reasonable in the opinion of the Israeli court; •the judgment was rendered by a court not competent to render it according to the laws of private international law as they apply in Israel; •the judgment is contradictory to another judgment that was given in the same matter between the same parties and that is still valid; or •at the time the action was brought in the foreign court, a lawsuit in the same matter and between the same parties was pending before a court or tribunal in Israel. If a foreign judgment is enforced by an Israeli court, it generally will be payable in Israeli currency, which can then be converted into non -Israeli currency and transferred out of Israel. The usual practice in an action before an Israeli court to recover an amount in a non -Israeli currency is for the Israeli court to issue a judgment for the equivalent amount in Israeli currency at the rate of exchange in force on the date of the judgment, but the judgment debtor may make payment in foreign currency. Pending collection, the amount of the judgment of an Israeli court stated in Israeli currency ordinarily will be linked to the Israeli consumer price index plus interest at the annual statutory rate set by Israeli regulations prevailing at the time. Judgment creditors must bear the risk of unfavorable exchange rates. In addition, there is no bilateral treaty between Israel and the United States for the enforcement of civil judgments. 239 TRANSFER AGENT AND REGISTRAR NLS’s share register is currently kept by VStock Transfer LLC, which acts as transfer agent and registrar. The share register reflects only record owners of the Common Shares. 240 WHERE YOU CAN FIND MORE INFORMATION This proxy statement/prospectus does not contain all of the