Company: NCEL
Filing Date: 2025-07-29
Form Type: F-4/A
Source: 0001213900-25-068765
Chunk: 532

Company: NewcelX Ltd.
Filing Date: 2025-07-29
Form: F-4/A
Chunk 532
---
 Board was authorized at any time until November8, 2029, to increase the share capital by a maximum of CHF 1,326,499.60 once or several times and in any amount by issuing up to 1,658,124 NLS Common Shares. The articles of association also explicitly set forth the events for which a restriction or exclusion of the pre -emptiverights from the current shareholders is permitted. Under our articles of association as of the date of this proxy statement/prospectus, there was no capital band instated. The NLS Board may propose the re -introductionof a capital band in an upcoming shareholders’ meeting. In the extraordinary general meeting of the shareholders of NLS, which will be held at 4:00 pm, local time, on August 25, 2025, at the premises of Baker McKenzie Switzerland AG, Holbeinstrasse30, 8034 Zurich, Switzerland, unless postponed or adjourned to a later date, the NLS Board proposes the re -introductionof a capital band to its articles of association, whereby our NLS Board would be authorized until August19, 2030, to increase our share capital by a maximum aggregate amount of CHF 115,146.66 through the issuance of not more than 1,919,111 registered shares (NLS Common Shares), which would have to be fully paid -in, each with a par value of CHF 0.06 (assuming a par value reduction per Share of CHF 0.027, a reverse split within a range of two -for-one(2:1) to twenty -for-one(20:1) and an issuance of 3,500,000 new shares, after par value reduction and reverse split, to the Kadimastem shareholders in the Merger). 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 such shares or the pre -emptiverights which have not been exercised, at market conditions or use them otherwise in the interest of NLS. Such increase of the share capital is (i) by means of an offering underwritten by a financial institution, a syndicate of financial institutions or another third party, followed by an offer to the then -existingshareholder of NLS or third parties (