Company: NCEL
Filing Date: 2025-10-24
Form Type: POS AM
Source: 0001213900-25-102149
Chunk: 33

Company: NewcelX Ltd.
Filing Date: 2025-10-24
Form: POS AM
Chunk 33
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Ordinary Capital Increase, Capital Band and Conditional Share Capital

Under Swiss law, we may increase
our share capital (Aktienkapital) with a resolution of the general meeting of shareholders (ordinary capital increase) that must be carried
out by the board of directors within six months in order to become effective. In the case of subscription and increase against payment
of contributions in cash, a resolution passed by an absolute majority of the shares represented at the general meeting of shareholders
is required. In the case of subscription and increase against contributions in kind or to fund acquisitions in kind, when shareholders’
statutory pre-emptive rights are withdrawn or where transformation of reserves into share capital is involved, a resolution passed by
two-thirds of the shares represented at a general meeting of shareholders and the absolute majority of the nominal amount of the shares
represented is required.

Under the Swiss Code of Obligations
(the “CO”), our shareholders, by a resolution passed by two-thirds of the votes represented at a general meeting of shareholders
and the absolute majority of the nominal amount of the shares represented, may empower our board of directors 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 board of directors within a period determined by the shareholders but not exceeding five years from the date of the shareholder approval; 
 or                                                                                                                                            |

| ● | conditional capital (bedingtes Kapital) for the                                                                                               
 purpose of issuing shares in connection with, among other things, (i) option and conversion rights granted in connection with warrants        
 and convertible bonds of the Company or one of our subsidiaries or (ii) grants of rights to employees, members of our board of directors      
 or consultants or our subsidiaries or other persons providing services to the Company or a subsidiary to subscribe for new shares (conversion 
 or option rights).                                                                                                                            |

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Our Capital Band

As of December 31, 2024, the
articles of association authorized our board of directors to increase the share capital (within a period of no more than five years) and
set forth the nominal amount by which the board of directors may increase the share capital (such authorized capital may not exceed one-half
of the existing share capital). The articles of association provided for capital band under article 3a of the articles of association
according to which the capital band shall have