Company: NCEL
Filing Date: 2025-06-09
Form Type: F-4/A
Source: 0001213900-25-052354
Chunk: 493

Company: NewcelX Ltd.
Filing Date: 2025-06-09
Form: F-4/A
Chunk 493
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), by the exercise of convertible rights and/or option rights or warrants. The Board shall determine the issue price of the Common Shares. These new registered shares must be issued at least for their nominal value but may be issued at a price below the current market price. Conditional Share Capital for Employee and Advisory Options As per our current version of the articles of association, our nominal share capital may, to the exclusion of the pre -emptivesubscription rights of shareholders, be increased out of the condition share capital of NLS by a maximum aggregate amount of CHF 1,650.00 through the issuance of not more than 55,000 registered shares (Common Shares), which would have to be fully paid -in, with no less than the nominal value of CHF 0.03 each, by the exercise of option or conversion rights that have been granted to employees that have been granted to employees, members of the Board or consultants of NLS or of one of our subsidiaries, if any, or other persons providing services to NLS or a subsidiary, if any, through one or more equity incentive plans created by the Board. If this conditional share capital is not sufficient for our future equity incentive plan, then NLS intends to rely on the capital band, which we will have to dedicate for that purpose, or, alternatively, if such conditional share capital or capital band is not sufficient, then NLS intends to seek shareholder approval for the equity incentive plan(s) that we may seek to implement. The exercise of the conversion or option rights and the waiver of these rights shall be in writing or electronically. The electronic exercise or waiver does not require a qualified electronic signature. Under the Charter Proposal, the share capital of NLS may be increased by an amount not exceeding CHFthrough the issue of a maximum offully paid -inregistered shares, each with a nominal value of at least CHF(Common Shares). These new registered shares shall be issued at a price equaling the nominal value of the shares. The Board shall determine the other issue conditions of the Common Shares. 297 Participation Certificates and Profit-sharing Certificates As of the date of this proxy statement/prospectus, NLS has a participation capital (non -votingcapital) of CHF 18,193.56, divided into 606,452 fully paid -inparticipation certificates (Preferred Participation Certificates), with a nominal value of CHF 0.03 each. The Preferred Participation Certificates do not carry any voting rights but preferred dividend rights. As of the date