Company: NCEL
Filing Date: 2025-03-31
Form Type: 425
Source: 0001213900-25-025889
Chunk: 17

Company: NewcelX Ltd.
Filing Date: 2025-03-31
Form: 425
Chunk 17
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);

(vii) the Board of Directors
shall take the circular resolution regarding the registration of the Purchasers as owners of the relevant kind and number of Securities
subscribed by the respective Purchasers in the Company's share register upon Full Consummation;

(viii)a number of warrants determined by multiplying the number of preferred shares issuable to the Purchaser by sixty five percent (65%);

(ix)the Registration Rights Agreement duly executed by the Company;

(x)a certificate executed on behalf of the Company by its Principal Executive Officer or Chief Executive Officer (each as defined
in the Exchange Act) of the Company, dated as of the Initial Closing Date, in which such officer shall certify that the conditions set
forth in have been fulfilled; and

(xi)a certificate executed on behalf of the Company by an officer containing (i) copies of the text of the resolutions by which the
corporate action on the part of the Company necessary to approve this Agreement and the other Transaction Documents and the transactions
and actions contemplated hereby and thereby, which shall be accompanied by a certificate of the corporate secretary or assistant corporate
secretary of Company dated as of the Initial Closing Date certifying to the Purchasers that such resolutions were duly adopted and have
not been amended or rescinded, and (ii) copies of (A) the Company’s current Articles of Association and bylaws in effect on the
Initial Closing Date, (B) the resolutions adopted by the Company’s board of directors and shareholders, each in their relevant capacity,
approving the Offering and Transaction Documents.

(b) On or prior to the Initial
Closing Date, each Purchaser shall deliver or cause to be delivered to the Company the following:

(i) a duly signed original
of its Subscription Form in accordance with Section 2.3; and

(ii) Accredited Investor Questionnaire
duly executed by such Purchaser.

(c) In addition to the above,
the Company undertakes to each Purchaser and each Purchaser undertakes to the Company, to execute or perform such other documents, instruments,
certificates or acts as may be reasonably requested by each Purchaser and/or the Company in order to complete, perfect and consummate
the transactions contemplated by this Agreement, including the Capital Increase of the Company and the issuance of the respective number
of Securities to the Purchasers as set forth in this Agreement.

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2.7 The Company shall file the Application, together with all supporting documents related to the Capital Increase and all other
resolutions