Company: NCEL
Filing Date: 2025-07-29
Form Type: F-4/A
Source: 0001213900-25-068765
Chunk: 16

Company: NewcelX Ltd.
Filing Date: 2025-07-29
Form: F-4/A
Chunk 16
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em shareholders as Merger consideration. Therefore, the final split ratio of the Merger has an indirect impact on the par value reduction. The figures set above will be decided no later than the morning of the NLS Meeting. This does not constitute an amendment to the proposal given that this has no economic impact on the shareholders. 3.Ordinary Share Capital Increase by Issuing Preferred Shares Explanation:The Company entered into a securities purchase agreement dated December 4, 2024 (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 10,000,000 Preferred Shares (pre -split) for the purpose of allowing the investor in the PIPE SPA to elect to receive Preferred Shares under the PIPE SPA. Proposal:The Board of Directors proposes that the Company’s share capital shall be increased by means of an ordinary capital increase as follows: (i)Nominal amount by which the share capital is to be increased: a maximum of CHF 30,000. (ii)Amount of contributions to be made thereon: 100% of the par value (fully paid -up). (iii)The number, par value and type of newly issued shares as well as any preferential rights attached to individual classes of shares: a maximum of 500,000 registered Preferred Shares, par value CHF 0.06 each, and privileges as per the Articles. (iv)Issue price: The Board of Directors is authorized to determine the issue price. (v)Time of dividend entitlement: The new registered preferred shares to be issued shall be entitled to dividends as of the date of registration of the capital increase in the Commercial Register. (vi) Type of contribution: The issue price will be paid in cash. (vii) Transfer restrictions regarding the new registered shares: none. (viii) Restriction or cancellation of subscription rights and the consequences of subscription rights not exercised or withdrawn: The subscription rights of the shareholders are excluded for valid reasons (i.e., for raising capital in a fast and flexible manner as part of a restructuring measure) within the meaning 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. The details of the proposal regarding the total nominal amount, the number of shares and the issue price as well as the information derived therefrom is provisional. The Board of Directors will determine the