Company: NCEL
Filing Date: 2025-03-31
Form Type: 425
Source: 0001213900-25-025889
Chunk: 175

Company: NewcelX Ltd.
Filing Date: 2025-03-31
Form: 425
Chunk 175
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 or trials described in the
Commission Documents.

Section 5.42. Emerging Growth Company Status. From the time of the initial filing of the Company’s first registration statement with the Commission
through the date hereof, the Company has been and is an “emerging growth company,” as defined in Section 2(a) of the Securities
Act (an “Emerging Growth Company”).

<div align='center'>ARTICLE VI

ADDITIONAL COVENANTS</div>

The Company covenants with
the Investor, and the Investor covenants with the Company, as follows, which covenants of one party are for the benefit of the other party,
during the Investment Period (and with respect to the Company, for the period following the termination of this Agreement specified in
Section 8.3 pursuant to and in accordance with Section 8.3):

Section 6.1. Securities Compliance. The Company shall notify the Commission and the Principal Market, if and as applicable, in accordance with their respective
rules and regulations, of the transactions contemplated by the Transaction Documents, and shall take all necessary action, undertake all
proceedings and obtain all registrations, permits, consents and approvals for the legal and valid issuance of the Shares to the Investor
in accordance with the terms of the Transaction Documents, as applicable.

Section 6.2. Reservation of Common Shares. The Company has available and the Company shall reserve and keep available at all times, free of preemptive
and other similar rights of shareholders, the requisite aggregate number of authorized but unissued Common Shares to enable the Company
to timely effect the issuance, sale and delivery of all Shares to be issued, sold and delivered in respect of each VWAP Purchase effected
under this Agreement, at least prior to the delivery by the Company to the Investor of the applicable VWAP Purchase Notice in connection
with such VWAP Purchase.

<div align='center'>24</div>

Section 6.3. Registration and Listing.

(i) The
Company shall prepare and, as soon as practicable, and in any case no later than sixty (60) business days following the effectiveness
of the Company’s Form F-4 (Registration No. 333-284075), file with the Commission an initial Registration Statement on Form F-3
(if then eligible), Form F-1, or any successor form thereto, so as to permit the resale of the Registrable Securities held by the Investor
under Rule 415 under the Securities Act at then prevailing