Company: NCEL
Filing Date: 2025-03-03
Form Type: F-4/A
Source: 0001213900-25-018981
Chunk: 188

Company: NewcelX Ltd.
Filing Date: 2025-03-03
Form: F-4/A
Chunk 188
---
3) Under Swiss law, share capital may be increased through a resolution of the shareholders’ meeting (ordinary capital increase), which must be implemented by the NLS Board within six months to become effective. The amount by which the capital can be increased in an ordinary capital increase is unlimited, provided that sufficient contributions are made to cover the capital increase. The Company entered into the PIPE SPA with a certain accredited investor. Pursuant to the terms of the PIPE SPA, the Company has agreed to obtain shareholder approval to authorize and subsequently reserve a number of registered preferred shares with a nominal value of CHF 0.03 each, to enable the accredited investor to make additional investments of up to USD 10,000,000 in the Company. Accordingly, to fulfill the obligations under the PIPE SPA, at the extraordinary shareholders’ meeting, shareholders will be asked to approve the ordinary capital increase to create and issue the preferred shares with a nominal value of CHF 0.03 each in accordance with the PIPE SPA. Please also see “ Preliminary Proxy Statement, Subject To Completion — Notice Of Extraordinary Meeting Of Shareholders To Be Held On , [2025] — 3. Ordinary Share Capital Increase by Issuing Preferred Shares” of this proxy statement/prospectus. To approve this Proposal3, a resolution passed by a Supermajority Vote is required. You may vote “FOR,” “AGAINST” or “ABSTAIN” on Proposal 3. A failure to vote, an abstention or a broker non -vote, if any, will have the same effect as a vote “AGAINST” Proposal 3. THE NLS BOARD UNANIMOUSLY RECOMMENDS THAT YOU VOTE
“FOR” PROPOSAL 3. 80 Approval of THE REINSTATEMENT OF THE CAPITAL BAND (PROPOSAL 4) Under Swiss law, our shareholders, by a Supermajority Vote, may empower the NLS Board to issue shares of a specific aggregate nominal amount up to a maximum of 50% of the share capital in the form of capital band (Kapitalband) to be utilized by the NLS Board within a period determined by the shareholders but not exceeding five years from the date of the shareholder approval. Increases in partial amounts are permitted. The NLS Board determines the timing, issue price, the type of contributions and the date on which the dividend entitlement commences. The NLS Board may allow the pre -emptiverights that have not been exercised to expire, or it may place