Company: NCEL
Filing Date: 2025-03-31
Form Type: 425
Source: 0001213900-25-025889
Chunk: 202

Company: NewcelX Ltd.
Filing Date: 2025-03-31
Form: 425
Chunk 202
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 any Person commences a proceeding against the Company, in each case that is not discharged or dismissed prior to such thirtieth
(30) Trading Day, and (v) the date on which, pursuant to or within the meaning of any Bankruptcy Law, a Custodian is appointed
for the Company or for all or substantially all of its property, or the Company makes a general assignment for the benefit of its creditors.

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Section 8.2. Other Termination. Subject to Section 8.3, the Company may terminate this Agreement after the Commencement Date effective upon ten (10)
day’s prior written notice to the Investor in accordance with Section 10.4; , , that (i) the Company
shall have paid the Upfront Commitment Fee to the Investor required to be paid pursuant to Section 10.1(ii) of this Agreement, and (ii)
prior to issuing any press release, or making any public statement or announcement, with respect to such termination, the Company shall
consult with the Investor and its counsel on the form and substance of such press release or other disclosure. Subject to Section 8.3,
this Agreement may be terminated at any time by the mutual written consent of the parties, effective as of the date of such mutual written
consent unless otherwise provided in such written consent. Subject to Section 8.3, the Investor shall have the right to terminate this
Agreement effective upon ten (10) Trading Days’ prior written notice to the Company, which notice shall be made in accordance with
Section 10.4 of this Agreement, if: (a) a Fundamental Transaction shall have occurred; (b) the Company is in breach or default in any
material respect of any of its covenants and agreements in this Purchase Agreement, and, if such breach or default is capable of being
cured, such breach or default is not cured within fifteen (15) Trading Days after notice of such breach or default is delivered to the
Company pursuant to Section 10.4 of this Agreement; (c) while a Registration Statement, or any post-effective amendment thereto, is required
to be maintained effective pursuant to the terms of this Agreement and the Investor holds any Registrable Securities, the effectiveness
of such Registration Statement, or any post-effective amendment thereto, lapses for any reason (including, without limitation, the issuance
of a stop order by the Commission) or such Registration Statement or any