Company: NCEL
Filing Date: 2025-09-03
Form Type: F-4/A
Source: 0001213900-25-084157
Chunk: 62

Company: NewcelX Ltd.
Filing Date: 2025-09-03
Form: F-4/A
Chunk 62
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 payment on behalf of the Company of the nominal amount and with exclusion of subscription rights of the shareholders, (iii) the reverse split of the Ordinary Shares, the Preferred Shares, and the PPCs by a reverse split ratio within a range of two -for-one(2:1) to twenty -for-one(20:1), and (iv) the increase of the share capital of the Company, by way of an ordinary capital increase, by up to 3,500,000 NLS Common Shares (which number is subject to change, depending on the determined par value reduction under Proposal 2(i) and the determined reverse split ratio under Proposal 2(iii), and corresponds to 70,000,000 NLS Common Shares before par value reduction and reverse split), and up to a maximum of CHF 240,000 (which amount is subject to change, depending on the determined par value reduction under Proposal 2(i)), to create the required number of the NLS Common Shares to be issued at the effective time of the Merger to the shareholders of Kadimastem in exchange for their Kadimastem Ordinary Shares. 3.To approve the increase of the share capital of the Company, by way of an ordinary capital increase, by a maximum of CHF 30,000 (which number is subject to change, depending on the determined par value reduction under proposal 2) (i.e., via the issuance of a maximum of 500,000 fully paid in NLS preferred shares in the Company, par value CHF 0.06 each, (which number is subject to change, depending on the extent of par value reduction under and reverse split ratio under Proposal2, and corresponds to 10,000,000 NLS Preferred Shares before par value reduction and reverse split). The NLS Board reserves the right to split the total maximum number of fully paid -inPreferred Shares to one or more issuances. 4.To reinstate the capital band and to approve to amend the upper and the lower limit of the capital band in article 3a paragraph 1 of the Company’s articles of association, as amended, or the Articles, to the maximum (and minimum) amount permitted by law (i.e., an amount of one -halfof the new share capital to be calculated on the day of the extraordinary shareholders’ meeting) for a period of five years from the date of the NLS Meeting and to make such amendments to the capital band as are appropriate to, among others, allow a more