Company: NCEL
Filing Date: 2025-09-25
Form Type: F-1
Source: 0001213900-25-091697
Chunk: 3

Company: NewcelX Ltd.
Filing Date: 2025-09-25
Form: F-1
Chunk 3
---
Our Common Shares are listed
on the Nasdaq Capital Market (“Nasdaq”), under the symbol “NLSP”. On September 22, 2025, the last reported sale
price of our Common Shares on Nasdaq was $2.21 per share.

Investing in our securities involves a high degree of risk. See “Risk Factors” beginning on page 13 of this prospectus.

Neither the Securities and Exchange Commission (the “SEC”), nor any state or other foreign securities commission has approved nor disapproved these securities or determined if this prospectus is truthful or complete. Any representation to the contrary is a criminal offense.

<div align='center'>The date of this prospectus is , 2025

TABLE OF CONTENTS</div>

|                                                      |     | Page |
| Prospectus Summary                                   |     |    1 |
| Risk Factors                                         |     |   13 |
| Cautionary Note Regarding Forward-Looking Statements |     |   15 |
| Use of Proceeds                                      |     |   17 |
| Dividend Policy                                      |     |   17 |
| Capitalization                                       |     |   17 |
| Description of Share Capital                         |     |   18 |
| Selling Shareholder                                  |     |   34 |
| Plan of Distribution                                 |     |   35 |
| Expenses                                             |     |   36 |
| Legal Matters                                        |     |   36 |
| Experts                                              |     |   36 |
| Enforceability of Civil Liabilities                  |     |   37 |
| Where You Can Find Additional Information            |     |   39 |

You should rely only on the information contained in this prospectus and any free writing prospectus prepared by or on behalf of us or to which we have referred you. Neither we nor the Selling Shareholder have authorized anyone to provide you with information that is different. The Selling Shareholder is offering to sell the securities, and seeking offers to buy the securities, only in jurisdictions where offers and sales are permitted. The information in this prospectus is accurate only as of the date of this prospectus, regardless of the time of delivery of this prospectus or any sale of the securities.

For investors outside of the United States: neither we nor the Selling Shareholder have done anything that would permit this offering or possession or distribution of this prospectus in any jurisdiction where action for that purpose is required, other than in the United States. You are required to inform yourselves about and to observe any restrictions