Company: NCEL
Filing Date: 2025-05-16
Form Type: 20-F
Source: 0001213900-25-044868
Chunk: 334

Company: NewcelX Ltd.
Filing Date: 2025-05-16
Form: 20-F
Item: Item 16C
Chunk 334
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ITEM 16C. PRINCIPAL ACCOUNTANT FEES AND SERVICES

On June 27, 2024, our shareholders
approved the appointment of Marcum LLP, an independent registered public accounting firm, to serve as our statutory auditor for the year
ended December 31, 2024, after our former auditor PricewaterhouseCoopers AG, informed us that they would not seek reelection as our independent
registered public accounting firm. The following table provides information regarding fees billed by Marcum LLP, an independent registered
public accounting firm, and PricewaterhouseCoopers AG, independent registered public accounting firm, or PwC, including audit services,
for the years ended December 31, 2024 and 2023.

                              Year Ended December 31,                                          
 ───────────────────────────────────────────────────────────────────────────────────────────────
                              2024                                      2023 (3)               
  Audit fees (1)              $                            177,886      $             332,690  
  Audit-related fees (2)                                   121,663                    -        
  Tax fees                                                       -                    -        
  All other fees                                                                      -        
  Total                       $                            299,549      $             332,690  

  (1)      Consists of fees billed for the audit of our annual financial statements, review of financial statements included in our services that are normally provided by the auditors in connection with s...  
  (2)      This includes audit-related fees paid to PwC for the year ended                                                                                                                                       
  (3)      PwC only.                                                                                                                                                                                             

Pre-Approval of Auditors’ Compensation

Our audit committee has a
pre-approval policy for the engagement of our independent registered public accounting firm to perform certain audit and non-audit services.
Pursuant to this policy, which is designed to assure that such engagements do not impair the independence of our auditors, the audit committee
pre-approves annually a catalog of specific audit and non-audit services in the categories of audit services, audit-related services and
tax services that may be performed by our independent registered public accounting firm. If a type of service, that is to be provided
by our auditors, has not received such general pre-approval, it will require specific pre-approval by our audit committee. The policy
prohibits retention of the independent registered public accounting firm to perform the prohibited non-audit functions defined in applicable
SEC rules.

ITEM 16