Company: NCEL
Filing Date: 2025-02-05
Form Type: F-3
Source: 0001213900-25-010223
Chunk: 114

Company: NewcelX Ltd.
Filing Date: 2025-02-05
Form: F-3
Chunk 114
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 voting and investment power (subject to applicable community property laws) with respect to the Common Shares set forth opposite to its name. We will file a supplement to this prospectus (or a post-effective amendment hereto, if necessary) to name successors to the named Selling Shareholder who are able to use this prospectus to resell the Common Shares offered hereby.

A selling shareholder who is an affiliate of a broker-dealer and any participating broker-dealer is deemed to be an “underwriter” within the meaning of the Securities Act, and any commissions or discounts given to any such selling shareholder or broker-dealer may be regarded as underwriting commissions or discounts under the Securities Act. To our knowledge, the selling shareholder is not an affiliate of a broker-dealer and is not a participating broker-dealers.

Beneficial ownership is determined in accordance with Rule 13d-3(d) promulgated by the SEC under the Securities Exchange Act of 1934, as amended, or the Exchange Act, and includes Common Shares with respect to which the Selling Shareholder has voting and investment power. The table below lists the Selling Shareholder and other information regarding the beneficial ownership of the Common Shares held by the Selling Shareholder. The second column lists the number of Common Shares beneficially owned by the Selling Shareholder based on its ownership of Common Shares as of January 31, 2025.

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The third column lists the maximum number of Common Shares being offered by this prospectus by the Selling Shareholder. The number of shares that may actually be sold by the Selling Shareholder may be fewer than the number of shares being offered by this prospectus.

The fourth column assumes the sale of all of the Common Shares offered by the Selling Shareholder pursuant to this prospectus. The table below in the first column lists the Selling Shareholder and other information regarding the beneficial ownership of the Common Shares held by it.

In accordance with the terms of the Securities Purchase Agreement and October Debt SPA with the Selling Shareholder, this prospectus generally covers the resale of the maximum number of Common Shares sold to it, and Common Shares issuable upon conversion of PPCs. Because the number of Common Shares may be adjusted for reverse and forward share splits, share dividends, share combinations and other similar transactions, the number of Common Shares that will actually be issued may be more or less than the number of Common Shares being offered by this prospectus. The number of Common Shares does not reflect this limitation. The Selling Shareholder may sell all,