Company: NCEL
Filing Date: 2025-09-25
Form Type: F-1
Source: 0001213900-25-091697
Chunk: 14

Company: NewcelX Ltd.
Filing Date: 2025-09-25
Form: F-1
Chunk 14
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 of any of its subsidiaries, (ii) issue, sell, deliver, pledge, dispose of, encumber or
transfer or agree or commit to do or authorize any of the foregoing with respect to any stock of any class or any other equity securities
or equity equivalents, (iii) split, combine or reclassify any shares of its capital stock, (iv) enter into any contract with respect to
the voting of its equity interests, (v) adopt a plan of complete or partial liquidation, dissolution, merger, consolidation, restructuring,
recapitalization, or other reorganization (other than the Merger), (vi) alter through merger, liquidation, reorganization, restructuring
or any other fashion the corporate structure, (vii) incur or assume any indebtedness or issue any debt securities, individually or in
the aggregate, or modify or agree to any amendment of the terms of any existing indebtedness, (viii) acquire or agree to acquire by merging
or consolidating with, or by purchasing a substantial equity interest in or portion of the assets of, or by any other manner, any business
or any corporation, partnership, joint venture, association or other business organization or division thereof, (ix) change any of the
accounting methods, principles, or practices used by such party, (x) make or change any material tax election, (xi) amend the terms of
any equity plan and/or adopt any new plans and/or schemes with similar results, (xii) institute any legal proceeding, (xiii) fail to keep
in force the insurance policies or replacement or revised policies providing insurance coverage with respect to the assets, operations
and activities of the parties, or (xiv) make any material changes in policies, procedures, or practices with respect to credit, collection,
payment, accounts receivable or accounts payable, except, in each case, to the extent required to conform with U.S. generally accepted
accounting principles.

Pursuant to the Merger Agreement,
NLS and its representatives are prohibited to authorize or permit any officers, directors, investment bankers, attorneys, accountants
and other advisors, agents and representatives to, directly or indirectly through another person, (i) initiate, seek, solicit or knowingly
encourage, or knowingly induce or take any other action which would reasonably be expected to lead to the making, submission or announcement
of any Parent Acquisition Proposal (as defined in the Merger Agreement), (ii) engage in negotiations or discussions with, or