Company: NCEL
Filing Date: 2025-02-05
Form Type: F-3
Source: 0001213900-25-010223
Chunk: 115

Company: NewcelX Ltd.
Filing Date: 2025-02-05
Form: F-3
Chunk 115
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%, which such limitation restricts the Selling Stockholder from exercising that portion of the warrants that would result in the Selling Stockholder and its affiliates owning, after exercise, a number of shares of common stock in excess of the beneficial ownership limitation. The address for the Selling Shareholder is Lettstrasse 32, Vaduz 9490, Liechtenstein. Nicola Feuerstein, a Director of the Selling Shareholder, holds voting and dispositive power over the securities held by the Selling Shareholder. |
| (5) | Consists of (i) 408,871 Common Shares issuable upon conversion of PPCs, (ii) 236,290 Common Shares. The address for the Selling Shareholder is Lettstrasse 32, Vaduz 9490, Liechtenstein. Nicola Feuerstein, a Director of the Selling Shareholder, holds voting and dispositive power over the securities held by the Selling Shareholder.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              |

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PLAN OF DISTRIBUTION</div>

We are registering the Common Shares that may be issued upon conversion of the PPCs and Common Shares pursuant to the terms of the December SPA and the October Debt SPA to permit the resale of these Common Shares by the holders of such shares from time to time after the date of this prospectus. We will not receive any of the proceeds from the sale by the Selling Shareholder of the Common Shares. We will bear all fees and expenses incident to our obligation to register the Common Shares.

The Selling Shareholder may sell all or a portion of the Common Shares beneficially owned by it and offered hereby from time to time directly or through one or more underwriters, broker-dealers or agents. If the Common Shares are sold through underwriters or broker-dealers, the Selling Shareholder will be responsible for underwriting discounts or commissions or agent’s commissions. The Common Shares may be sold in one or more transactions at fixed prices, at prevailing market prices at the time of the sale, at varying prices determined at the time of sale, or at negotiated prices. These sales may be effected in transactions, which may involve crosses or block transactions, pursuant to one or more of the following methods:

| ● | on any national securities                                                                                                           
 exchange or quotation service on which the securities may be listed or quoted at the time of sale;                                   |
| ● | in the over-the-counter                                                                                                              
 market;                                                                                                                              |
| ● | in transactions otherwise                                                                                                            
 than on these exchanges or systems or in the