Company: NCEL
Filing Date: 2025-03-31
Form Type: 425
Source: 0001213900-25-025889
Chunk: 51

Company: NewcelX Ltd.
Filing Date: 2025-03-31
Form: 425
Chunk 51
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all respects. Except as disclosed in the Investor Questionnaire, such Purchaser has had no position, office or other material relationship
within the past three years with the Company or Persons (as defined below) known to such Purchaser to be affiliates of the Company, and
is not a member of the Financial Industry Regulatory Authority or an “associated person” (as such term is defined under the
FINRA Membership and Registration Rules Section 1011).

(d) .
Such Purchaser, either alone or together with its representatives, has such knowledge, sophistication and experience in business and financial
matters so as to be capable of evaluating the merits and risks of the prospective investment in the Securities, and has so evaluated the
merits and risks of such investment. Such Purchaser is able to bear the economic risk of an investment in the Securities and, at the present
time, is able to afford a complete loss of such investment.

(e) .
Such Purchaser has been furnished with or has had access to the Disclosure Schedules. Purchasers are not deemed to have any knowledge
of any information not included in the Disclosure Schedules unless such information has been delivered to Purchasers in writing or electronically
(such other information is collectively, the “”), and considered all factors such Purchaser
deems material in deciding on the advisability of investing in the Securities. Such Purchaser was afforded (i) the opportunity to ask
such questions as such Purchaser deemed necessary of, and to receive answers from, representatives of the Company concerning the merits
and risks of acquiring the Securities; (ii) the right of access to information about the Company and its financial condition, results
of operations, business, properties, management and prospects sufficient to enable such Purchaser to evaluate the Securities; and (iii)
the opportunity to obtain such additional information that the Company possesses or can acquire without unreasonable effort or expense
that is necessary to make an informed investment decision with respect to acquiring the Securities.

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(f) . Such Purchaser understands and agrees that the Securities have not been registered under the Securities
Act or any applicable state securities laws, by reason of their issuance in a transaction that does not require registration under the
Securities Act, and that such Securities must be held indefinitely unless a subsequent disposition is registered under the Securities
Act or any applicable state securities laws or is exempt from such registration. Such Purchaser understands and agrees that the Securities
are being offered and sold to such Purchaser in reliance on specific