Company: NCEL
Filing Date: 2025-07-29
Form Type: F-4/A
Source: 0001213900-25-068765
Chunk: 542

Company: NewcelX Ltd.
Filing Date: 2025-07-29
Form: F-4/A
Chunk 542
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 •a capital increase funded by equity, against contributions in kind or for the purpose of funding acquisitions in kind and the granting of special privileges; •the conversion of participation certificates into shares; •any restriction or cancellation of the subscription right (i.e., pre -emptiverights); •the change of the currency of the company’s share capital; •the introduction of the casting vote of the chairperson in the general meeting; •a relocation of the seat (registered office) of the company; •the delisting of the company’s equity securities; •a provision in the articles of association concerning the holding of the general meeting abroad; •the introduction of an arbitration clause in the articles of association; and •the dissolution or liquidation of the company. 306 The same voting requirements apply to resolutions regarding transactions among companies based on Switzerland’s Federal Act on Mergers, Demergers, Transformations and the Transfer of Assets, or the Merger Act (including a merger, demerger or conversion of a company). Such Federal Act is not applicable with regard to the Merger since the Merger occurs between the Merger Sub and Kadimastem, both companies incorporated under the laws of and domiciled in Israel. In accordance with Swiss law, our articles of association do not provide quorum requirements generally applicable to general meetings of shareholders. If a company requires an ordinary audit, which NLS does, the auditor must be present at such shareholders’ meeting, unless the shareholders’ meeting waives such attendance by unanimous decision of those present. To this extent, Swiss law varies from the requirement of Nasdaq Listing Rule 5620(c), which requires an issuer to provide in its bylaws for a generally applicable quorum, and that such quorum may not be less than one -thirdof the outstanding voting stock. Voting Rights Each Common Share and/or Preferred Share entitles its holder to one vote in our shareholders’ meetings, irrespective of the par value of such share. Our shares are not divisible. The right to vote, and the other rights of share ownership, may only be exercised by shareholders (including any nominees) or usufructuaries (a person who has the right to enjoy the use and advantages of another’s property short of the destruction or waste of its substance), who are entered in our share register at cut -offdate determined by the NLS Board, as authorized by our articles of association and Swiss law. Those entitled to vote in the shareholders’ meeting may be represented by (i) the independent proxy, who