Company: NCEL
Filing Date: 2025-07-29
Form Type: F-4/A
Source: 0001213900-25-068765
Chunk: 336

Company: NewcelX Ltd.
Filing Date: 2025-07-29
Form: F-4/A
Chunk 336
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 completion of the Merger. 3.Approval of the subsequent listing of NLS on the Nasdaq in connection with the Merger; 4.Approval of the eventual change of name and symbol of NLS on Nasdaq following the Merger; 5.Approval of the participation in the purchase of a Run Off insurance policy of up to $200,000 for the officers and directors of NLS that are stepping down as directors and officers of NLS as part of the Merger; 6.Approval of the purchase of directors and officers insurance for the combined company; 7.Approval of the entering into a CVR Agreement as part of the Merger; 8.Approval of the conversion of options and RSUs into equivalent securities with identical rights in NLS at the Closing; 9.Approval of an amendment of the Kadimastem’s Articles of Association; 10.Appointment of directors in the combined company to replace the current directors of NLS, who will conclude their terms upon completion of the Merger, in accordance with the provisions of the Merger Agreement, and approval of the terms of office for the new directors; 11.Appointment and approval of the terms of office for Mr. Ronen Twito as CEO and Chairman of the NLS Board; 151

12.Appointment, approval, and ratification of agreements with senior executives — Ariel Revel and Kfir Molakandov — for the period following the completion of the Merger; and 13.To approve the conversion of the outstanding loans extended by Prof. Michel Revel as part of the Merger. In addition, Kadimastem has also agreed to take all actions necessary or requested by NLS in order to delist Kadimastem Ordinary Shares from the TASE effective as of the Effective Time. Governance of the Combined Company after the Merger Articles of Association The Articles of NLS will only be amended as set out in the matters proposed to the shareholders’ meeting to vote on. Subject to the provisions of Swiss law, the combined company may generally amend the Articles by a Simple Majority at a shareholders’ meeting. Management; Board of Directors Mr.Ronen Twito shall serve as the combined company’s CEO and Executive Chairman of the board of directors of the combined company. The CEO shall be entitled to appoint managers, clerks, employees and agents for the company, for permanent, temporary or special positions, as the CEO shall deem fit from time to time, and likewise the CEO shall be entitled