Company: NCEL
Filing Date: 2025-07-18
Form Type: F-4/A
Source: 0001213900-25-065783
Chunk: 445

Company: NewcelX Ltd.
Filing Date: 2025-07-18
Form: F-4/A
Chunk 445
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 NLS Common Shares or equivalents for 15 days post -closing, with certain exceptions, and not to engage in variable rate transactions for one -yearpost -closing. The offering generated gross proceeds of approximately $786,660. 234 On September 16, 2024, we entered into a warrant amendment agreement with an institutional investor to amend warrants to purchase up to 172,836 NLS Common Shares, adjusting the definition of a “Fundamental Transaction” and the exercise price to CHF 0.80. In exchange for the September Warrant Amendment, the Company agreed to adjust the exercise price in the Common Warrants to CHF 0.02, and following the Company increasing its authorized NLS Common Shares, issued to the investor, pre -fundedwarrants to purchase up to 191,431shares of NLS Common Shares, or the Pre -FundedWarrants. On October 9, 2024, we entered into a securities purchase agreement with certain accredited investors. Under this agreement, we issued and sold 806,452 NLS Common Shares and warrants to purchase an additional 806,452 NLS Common Shares, at a combined purchase price of $3.97, for aggregate gross proceeds of $3.2 million. The warrants have a term of five years and an exercise price of $4.25 per share. Investors were granted the right to participate in up to 50% of future offerings for one year following the closing. We also agreed not to enter into an equity line of credit or similar agreement without the consent of the majority of the preferred shareholders. The transaction closed on October 10, 2024. Also on October 9, 2024, we entered into a securities purchase agreement with an accredited investor to satisfy $4.0 million of our debt by issuing 806,452 newly designated convertible NLS Preferred Shares at a purchase price of $4.96 per share. The NLS Preferred Shares have a conversion price of $4.96 per share. The investor was granted the right to purchase up to an additional $10.0 million worth of convertible NLS Preferred Shares starting six months after the closing and continuing as long as they own NLS Preferred Shares. The investor also has the right to participate in up to 50% of future offerings for one year following the closing. We agreed not to enter into an equity line of credit or similar agreement without the consent of the majority of the preferred shareholders. This transaction also closed on October 10,