Company: NCEL
Filing Date: 2025-03-31
Form Type: 425
Source: 0001213900-25-025889
Chunk: 225

Company: NewcelX Ltd.
Filing Date: 2025-03-31
Form: 425
Chunk 225
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 joint venture, governmental agency or authority.

“Personal Data” shall
have the meaning assigned to such term in Section 5.38(a) of this Agreement.

“Policies” shall have
the meaning assigned to such term in Section 5.38(b) of this Agreement.

“Principal Market” shall
mean the Nasdaq Capital Market; provided however, that in the event the Company’s Common Shares is ever listed or traded on the
New York Stock Exchange, the NYSE American, the Nasdaq Global Select Market, or the Nasdaq Global Market, then the “Principal Market”
shall mean such other market or exchange on which the Company’s Common Shares is then listed or traded.

“Privacy Laws” shall
have the meaning assigned to such term in Section 5.38(a) of this Agreement.

“Prospectus” shall mean
the prospectus in the form included in a Registration Statement, as supplemented from time to time by any Prospectus Supplement, including
the documents incorporated by reference therein.

“Prospectus Supplement”
shall mean any prospectus supplement to the Prospectus filed with the Commission from time to time pursuant to Rule 424(b) under the Securities
Act, including the documents incorporated by reference therein.

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“Registrable Securities”
means all of (i) the Shares and (ii) any capital stock of the Company issued or issuable with respect to such Shares, including, without
limitation, (1) as a result of any stock split, stock dividend, recapitalization, exchange or similar event or otherwise and (2) shares
of capital stock of the Company into which the Common Shares are converted or exchanged and shares of capital stock of a successor entity
into which the Common Shares are converted or exchanged, in each case until such time as such securities cease to be Registrable Securities.
Any Registrable Security shall cease to be a “Registrable Security” at the earliest of the following: (i) when a Registration
Statement covering such Registrable Security becomes or has been declared effective by the Commission and such Registrable Security has
been sold or disposed of pursuant to such effective Registration Statement; (ii) when such Registrable Security is held by the Company
or one of its Subsidiaries; and (iii) the date that is the first (1st) anniversary of the date of termination of the Purchase Agreement.

“Registration Period”
shall have the meaning assigned to such term in Section 6.3(vi