Company: NCEL
Filing Date: 2025-06-09
Form Type: F-4/A
Source: 0001213900-25-052354
Chunk: 790

Company: NewcelX Ltd.
Filing Date: 2025-06-09
Form: F-4/A
Chunk 790
---
0.2 | % |
| Share price (USD)                   |     |  1.02 |   |

The issuance of the Series E1 Warrants and Series E2 Warrants was approved by the Company’s Board of Directors on February 13, 2020. The issuance of the shares that would result from the exercise of the warrants was approved for listing by the TASE on March 12, 2020. On August 31, 2021, 67,884 Series E2 Warrants were exercised for USD $99 thousand (the exercise price). On December 31, 2021, 577,882 Series E2 Warrants, totaling USD $140 thousand, expired.

Annex G-34

KADIMASTEM LTD.
NOTES TO FINANCIAL STATEMENTS Note 18: — EQUITY (cont.) E.On April 25, 2021, after receiving the approval of the Company’s Board of Directors on April 21, 2021, the Company completed an issuance in the amount of USD $6.85 million by way of a private placement led by Clover Wolf, Clover Alpha (hereinafter, “Clover”) and Alpha Capital Anstalt — European investment fund, for USD $4.6 million and USD $2 million respectively, as well as a total of USD $0.22 million by 2 additional investors (hereinafter, the “Consideration”). Below are the primary terms of the private placement : 7,861,752 Shares, as well as 7,861,752 non -marketablewarrants for the purchase of up to 7,861,752 Shares, which were to be issued in three series; 3,930,876 Series A warrants; 1,965,438 Series B1 warrants; and 1,965,438 Series B2 warrants, under the conditions detailed below: The warrants terms Each warrant of Series A would be exercisable for one Share, starting from the date of issuance and until July 31, 2022, for an exercise price of NIS 3.5 (USD $1.08). Each warrant of Series B1 would be exercisable for one Share, starting from the date of issuance and until April 3, 2023, for an exercise price of NIS 4.4 (USD $1.35) Each warrant of Series B2 would be exercisable for one Share, starting from the occurrence of a vesting event