Company: NCEL
Filing Date: 2025-03-31
Form Type: 425
Source: 0001213900-25-025889
Chunk: 194

Company: NewcelX Ltd.
Filing Date: 2025-03-31
Form: 425
Chunk 194
---
 not misleading, or which requires an amendment to the Initial Registration Statement
or a supplement to the Prospectus contained therein or any Prospectus Supplement thereto to comply with the Securities Act or any other
law. The Company shall have no knowledge of any event that would reasonably be expected to have the effect of causing the suspension of
the effectiveness of the Initial Registration Statement or the prohibition or suspension of the use of the Prospectus contained therein
or any Prospectus Supplement thereto in connection with the resale of the Registrable Shares by the Investor.

(vii) No Suspension of Trading in or Notice of Delisting of Common Shares. Trading in the Common Shares shall not have been suspended by
the Commission, the Principal Market or FINRA (except for any suspension of trading of limited duration agreed to by the Company, which
suspension shall be terminated prior to the Commencement Date), the Company shall not have received any final and non-appealable notice
that the listing or quotation of the Common Shares on the Principal Market shall be terminated on a date certain (unless, prior to such
date certain, the Common Shares is listed or quoted on any other Principal Market), nor shall there have been imposed any suspension of,
or restriction on, accepting additional deposits of the Common Shares, electronic trading or book-entry services by DTC with respect to
the Common Shares that is continuing, the Company shall not have received any notice from DTC to the effect that a suspension of, or restriction
on, accepting additional deposits of the Common Shares, electronic trading or book-entry services by DTC with respect to the Common Shares
is being imposed or is contemplated (unless, prior to such suspension or restriction, DTC shall have notified the Company in writing that
DTC has determined not to impose any such suspension or restriction).

<div align='center'>38</div>

(viii) Compliance with Laws. The Company shall have complied with all applicable federal, state and local governmental laws, rules, regulations
and ordinances in connection with the execution, delivery and performance of this Agreement and the other Transaction Documents to which
it is a party and the consummation of the transactions contemplated hereby and thereby, including, without limitation, the Company shall
have obtained all permits and qualifications required by any applicable state securities or “Blue Sky” laws for the offer
and sale of the Shares by the Company to the Investor and the subsequent resale of the Registrable Securities by the Investor (or shall
have the availability of exemptions therefrom).

(ix) No