Company: NCEL
Filing Date: 2025-03-31
Form Type: F-4/A
Source: 0001213900-25-026428
Chunk: 13

Company: NewcelX Ltd.
Filing Date: 2025-03-31
Form: F-4/A
Chunk 13
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 Directors passes a corresponding reduction resolution based on this article prior to the buyback. If the share capital increases due to a conditional capital increase pursuant to article 3b or 3c of these Articles of Incorporation, the upper and the lower limit of the capital band shall increase automatically in accordance with the amount of the increase of the share capital. The Board of Directors shall issue the necessary regulations insofar as they are not included in the authorizing resolution of the shareholders’ meeting. The Board of Directors shall determine the issue price, the type of contribution (including the conversion of freely disposable equity capital and the setting -offagainst liabilities), the date of issue, the conditions for the exercise of pre -emptiverights and the start date for dividend entitlement. The Board of Directors may issue new shares by means of an underwritten offering and a follow -onoffer of such shares to the existing shareholders or third parties (if the pre -emptiverights of the existing shareholders have been excluded or not been duly exercised). The Board of Directors is authorized to permit, restrict or exclude the trade with pre -emptiverights. It may permit pre -emptiverights that have not been exercised to expire, or it may place such rights or shares with respect to which pre -emptiverights have been granted, but not exercised, at market conditions or use them otherwise in the interest of the Company. Furthermore, the Board of Directors is entitled to exclude the shareholders’ and the PPC holders’ subscription rights in whole or in part and to allocate them to third parties: a)for the investment of strategic partners; or b)for the acquisition of products, licenses, businesses, intellectual property rights, shares or interests in businesses, or for the financing or refinancing of such transactions; or c)to replace existing financing; or d)for the rapid and flexible raising of equity capital through a share placement which would be difficult or impossible to achieve without the exclusion of subscription rights; or e)to create reserve shares for the above purposes or to back financial instruments issued at market conditions; or f)to service financial instruments issued at market conditions; or g)to comply with regulatory requirements that render it difficult or impossible to exercise subscription rights; or h)to create a (possibly variable) portfolio of shares intended for stock lending in connection with financial instruments issued or guaranteed by the Company, in particular convertible bonds; or i)to finance a transaction through an exchange of shares; or j)for the expansion of the shareholder base in certain investor markets or in connection with