Company: NCEL
Filing Date: 2025-02-10
Form Type: F-3
Source: 0001213900-25-011823
Chunk: 126

Company: NewcelX Ltd.
Filing Date: 2025-02-10
Form: F-3
Chunk 126
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public accounting firm, given on the authority of said firm as experts in auditing and accounting.

The
financial statements of Kadimastem included in NLS’s Form 6-K filed with the SEC on November 12, 2024, for the year ended December
31, 2023, have been audited by Kost Forer Gabbay & Kasierer, a Member of EY Global, independent registered public accounting firm,
as set forth in their reports thereon (which contains an explanatory paragraph describing conditions that raise substantial doubt about
Kadimastem’s ability to continue as a going concern as described in Note 1B to the financial statements) and incorporated herein
by reference. Such financial statements are incorporated herein by reference in reliance upon such reports given on the authority of such
firm as experts in accounting and auditing.

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

The following are the estimated
expenses of the issuance and distribution of the securities being registered under the registration statement of which this prospectus
forms a part, all of which will be paid by us. With the exception of the SEC registration fee, all amounts are estimates and may change:

| SEC registration fee         |     | $ |   5,552.91 |
| Printer fees and expenses    |     | $ |      2,000 |
| Legal fees and expenses      |     | $ |     50,000 |
| Accounting fees and expenses |     | $ |     50,000 |
| Miscellaneous                |     | $ |          - |
| Total                        |     | $ | 107,552.91 |

<div align='center'>86

INCORPORATION OF CERTAIN INFORMATION BY REFERENCE</div>

The SEC allows us to “incorporate by reference”
the information we file with it, which means that we can disclose important information to you by referring you to those documents. The
information incorporated by reference is considered to be part of this prospectus and information we file later with the SEC will automatically
update and supersede this information.

The following documents filed with or furnished
to the SEC by us are incorporated by reference in this registration statement:

All subsequent annual reports filed by us pursuant
to the Exchange Act on Form 20-F prior to the termination of the offering shall be deemed to be incorporated by reference to this prospectus
and to be a part hereof from the date of filing of such documents. We may also incorporate part or all of any Form