Company: NCEL
Filing Date: 2025-03-03
Form Type: F-4/A
Source: 0001213900-25-018981
Chunk: 313

Company: NewcelX Ltd.
Filing Date: 2025-03-03
Form: F-4/A
Chunk 313
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 to December 2024 securities purchase agreement agreed on January9, 2025. d)Proceeds of CHF 153,145 (“Exercise Price in USD of $168,980”) in connection with the issuance of 191,431 common shares due to exercise of pre -fundedwarrants provided to a certain institutional investor on September16, 2024 upon entering a warrant amendment agreement. e)Proceeds of $178,699 related to exercise of warrants for a total of 76,847 common shares in connection with October Equity Purchase Agreement and pre -fundedwarrants provided to certain institutional investors upon execution of warrant amendment agreements. (ii)to account for adjustments with respect to the allocation of the preliminary purchase price to the assets acquired and liabilities assumed based on the carrying value of NLS’s net assets approximating the fair value of $5,669,986. (iii)the reduction of liabilities of total $10,010,431 as a result of the following changes: a)Realization of approximately $2,500,000 of deferred revenue due to termination of EF License Agreement on August28, 2024, effective as of September30, 2024, b)Purchase of $4,000,000 in debt from vendors through debt purchase agreement with an investor thereby converting the debt through an ordinary capital increase of preferred shares; c)Conversion of related party debt holders in the amount of $2,788,650 into 493,986 common shares, and d)Adjustment for total reduction of $721,781 in accounts payable, other accrued liabilities and accrued pension liability due to successfully implemented restructuring measures resulting in a decreased payments to vendors, bonus accruals and employee related costs. 168

The information in this table should be read in conjunction with and is qualified by reference our financial statements and related notes included in our unaudited interim condensed financial statements, incorporated by reference herein.

|                                                                                                                                                              |     | As of June 30, 2024 |             |   |     |       |            |   |
|:-------------------------------------------------------------------------------------------------------------------------------------------------------------|:----|:--------------------|------------:|:--|:----|:------|-----------:|:--|
|                                                                                                                                                              |     | Actual              |             |   |     | Pro   
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| ASSETS                                                                                                                                                       |     |                     |             |   |     |       |            |   |
| Current assets:                                                                                                                                              |     |                     |             |   |     |