Company: NCEL
Filing Date: 2025-07-18
Form Type: F-4/A
Source: 0001213900-25-065783
Chunk: 695

Company: NewcelX Ltd.
Filing Date: 2025-07-18
Form: F-4/A
Chunk 695
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 deliver to the Company a statement certified by Parent’s chief executive officer (the “ Parent Estimated Closing Statement ”) setting forth (a) a good faith calculation of Parent’s estimate of the Closing Indebtedness, along with reasonably detailed calculations thereof, (b) a good faith calculation of Parent’s estimate of the Closing Cash, along with reasonably detailed calculations thereof, (c) a good faith calculation of Parent’s estimate of the Parent Adjusted Cash Amount, and (d) the resulting Merger Consideration to be issued by Parent at the Closing using the Exchange Ratio, based on such estimates of Closing Indebtedness, Closing Cash, and Parent Adjusted Cash Amount, which Parent Estimated Closing Statement shall be subject to the review and the reasonable approval by the Company.” 2. Amendment to Section 8.10 . Section 8.10 of the Agreement shall be amended to include the following definition in alphabetical order: “ Measurement Date ” means the day immediately preceding the Parent Shareholder Meeting; 3. Amendment to Section 8.10 . The following definitions in Section 8.10 of the Agreement shall be amended in their entirety to read as follows: “ Fully Diluted Parent Common Stock ” means, as of the Reference Time, the total number of shares of Parent Common Stock outstanding, assuming (a) the conversion, exercise, or exchange of all outstanding options, warrants, convertible securities, or other rights to acquire shares of Parent Common Stock (whether vested or unvested, and including securities issuable under any equity incentive plans); and (b) the satisfaction of all conditions to such conversion, exercise, or exchange as of the Reference Time, but excluding any shares issuable solely as a result of future grants, awards, or other issuances after the Reference Time “ Fully Diluted Shares ” means, as of the Reference Time, the total number of Shares outstanding, assuming (a) the conversion, exercise, or exchange of all outstanding options, warrants, convertible securities, or other rights to acquire Shares (whether vested or unvested, and including securities issuable under any equity incentive plans); and (b) the satisfaction of all conditions to such conversion, exercise, or exchange as of the Reference Time, but excluding any shares issuable solely as a result of future grants, awards, or other issuances after the Reference Time; Annex A-78 “ Merger Shares ” means the total number of Parent Common Stock to be issued by Parent to Company shareholders in connection with the Merger, calculated as the result of (