Company: NCEL
Filing Date: 2025-10-17
Form Type: POS AM
Source: 0001213900-25-099986
Chunk: 17

Company: NewcelX Ltd.
Filing Date: 2025-10-17
Form: POS AM
Chunk 17
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 a result of the foregoing, our net loss totaled $2,220,671 for the six months ended June 30, 2025, representing an increase of $184,837, or 9.1%, compared to $2,035,834 for the six months ended June 30, 2024. Net Loss attributable to common shareholders Our net loss attributable to holders of NLS Common Shares for the six months ended June 30, 2025 was $4,192,877 and for the six months ended June 30, 2024 was $2,035,834. The increase resulted from a deemed dividend totaling $1,845,839 for the incremental value from the modification of various warrants’ exercise price and the fair value of the make whole shares issued in connection with execution of March 2025 SPA and accrued dividends on preferred share of $126,367. B.Liquidity and Capital Resources Overview As of June 30, 2025, we had $3,072,376 in cash and cash equivalents. The table below summarizes our cash flows for the six months ended June 30, 2025 and 2024:

|                                                              |     | For the Six Months Ended 
 June 30,                 |       2025 |   |     |   |       2024 |   |
|:-------------------------------------------------------------|:----|:-------------------------|-----------:|:--|:----|:--|-----------:|:--|
| Net cash used in operating activities                        |     | $                        | (2,073,801 | ) |     | $ | (1,530,498 | ) |
| Net cash provided by financing activities                    |     |                          |  3,480,782 |   |     |   |  1,185,576 |   |
| Effect of exchange rate changes on cash and cash equivalents |     |                          |          — |   |     |   |          — |   |
| Net decrease in cash and cash equivalents                    |     | $                        |  1,406,981 |   |     | $ |   (344,922 | ) |

Operating Activities Net cash used in operating activities was $2,073,801 for the six months ended June 30, 2025, representing an increase of $543,303, or 35.5%, compared with net cash used in operating activities of $1,530,498 for the six months ended June 30, 2024