Company: NCEL
Filing Date: 2025-06-23
Form Type: F-4/A
Source: 0001213900-25-056787
Chunk: 493

Company: NewcelX Ltd.
Filing Date: 2025-06-23
Form: F-4/A
Chunk 493
---
 pre -emptiverights from the current shareholders is permitted. Under our articles of association as of the date of this proxy statement/prospectus, there was no capital band instated. The NLS Board may propose the re -introductionof a capital band in an upcoming shareholders’ meeting. In the extraordinary general meeting of the shareholders of NLS, which will be held at 4 pm, local time, on, 2025, at Advokatur 107, Rorschacher Str. 107, 9000 St. Gallen, Switzerland, unless postponed or adjourned to a later date, the NLS Board proposes the re -introductionof a capital band to its articles of association, whereby our NLS Board would be authorized until [•], 2030, to increase our share capital by a maximum aggregate amount of CHF [•] through the issuance of not more than [•] registered shares (Common Shares), which would have to be fully paid -in, each with a nominal value of CHF 0.03. Increases in partial amounts are permitted. The NLS Board determines the timing, issue price, the type of contributions and the date on which the dividend entitlement commences. The NLS Board may allow the pre -emptiverights that have not been exercised to expire, or it may place such shares or the pre -emptiverights which have not been exercised, at market conditions or use them otherwise in the interest of NLS. Such increase of the share capital is (i) by means of an offering underwritten by a financial institution, a syndicate of financial institutions or another third party, followed by an offer to the then -existingshareholder of NLS or third parties (if the pre -emptiverights of the existing shareholders have been excluded or not been duly exercised), and (ii) in partial amount, permissible. Within the limits of Swiss law, a shareholders’ meeting may increase or alter the capital band granted to the NLS Board. Under the intended capital band, the NLS Board is authorized to restrict or exclude the pre -emptiverights of the shareholders with respect to the shares to be issued under the capital band and allot them to third parties, NLS or any of its subsidiaries: 1.in connection with a listing of shares on domestic or foreign stock exchanges, including for the purpose of granting an over -allotmentoption (greenshoe); or 2.to initial purchasers or underwriters in a placement or offer of shares; or