Company: NCEL
Filing Date: 2025-03-31
Form Type: F-4/A
Source: 0001213900-25-026428
Chunk: 12

Company: NewcelX Ltd.
Filing Date: 2025-03-31
Form: F-4/A
Chunk 12
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 of Art. 652b of the CO. The subscription rights shall be allocated in the best interest of the Company. The Board of Directors is entitled to implement this capital increase in one or several steps. 4.Reinstatement of the capital band (Art. 3a) Explanation:According to the Swiss corporate law, any capital band previously implemented falls away if an ordinary share capital increase is implemented and the Company’s current capital band will have to be re -instatedand amended as per the proposal of the Board of Directors. The Board of Directors takes this opportunity to expand the capital band to also allow capital reductions within the capital band and to further specify the reasons for any cancellation of pre -subscriptionrights by the Board of Directors. The Board of Directors is of the opinion that these amendments provide the Company with the necessary flexibility regarding potential future transactions involving the Company’s capital structure. Proposal:The Board of Directors proposes that the Company’s capital band shall be re -instatedand amended and that Article 3a (Capital Band) shall be amended as follows: “Art. 3a — Capital Band The Company has a capital band with an upper limit of CHF [•] and a lower limit of CHF [•]. The board of directors is authorized at any time until [•], 2030 (a) to increase the share capital by a maximum of CHF [•] once or several times and in any amount and (b) to reduce the share capital and/or the participation capital once or several times in any amount, by cancelling or reducing the par value of the registered shares (common shares), the preferred shares and/or the participation certificates, each with a par value of CHF 0.03, to the lower limit. The capital increase may be effected by issuing up to [•] fully paid registered shares (common shares) with a par value of CHF 0.03 each up to the upper limit of the capital band. In the event of a capital reduction, the reduction amount may be distributed to the NLS shareholders in full or in part and/or booked to the reserves in accordance with the decision of the Board of Directors. If the share capital and/or the participation capital is reduced in accordance with paragraph1, the number of securities by which a capital increase is possible shall increase accordingly and vice -versa. The authorization of the Board of Directors to reduce the share capital includes the right to buy back more than 10% of the share capital or the participation capital, provided that the Board of