Company: NCEL
Filing Date: 2025-03-31
Form Type: 425
Source: 0001213900-25-025889
Chunk: 221

Company: NewcelX Ltd.
Filing Date: 2025-03-31
Form: 425
Chunk 221
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 trade price for the Common Shares prior to 4:00 p.m., New York City time, as reported by Bloomberg.
All such determinations shall be appropriately adjusted for any stock splits, stock dividends, stock combinations, recapitalizations or
other similar transactions during such period.

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“Code” shall have the
meaning assigned to such term in Section 5.28 of this Agreement.

“Commencement” shall
have the meaning assigned to such term in the recitals of this Agreement.

“Commencement Date”
shall have the meaning assigned to such term in Section 3.1 of this Agreement.

“Commencement Irrevocable Transfer Agent Instructions” shall have the meaning assigned to such term in Section 10.1(iii) of this Agreement.

“Commission” shall mean
the U.S. Securities and Exchange Commission or any successor entity.

“Commission Documents”
shall mean the Initial Registration Statement (or any post-effective amendment thereto), any New Registration Statement (or any post-effective
amendment thereto) and all documents that have been and heretofore shall be incorporated by reference therein, including all reports,
schedules, registrations, forms, statements, information and other documents filed with or furnished to the Commission by the Company
pursuant to Section 13(a) or 15(d) of the Exchange Act, if applicable, any Prospectus contained in the Initial Registration Statement
or New Registration Statement and each Prospectus Supplement thereto.

“Common Shares” shall
have the meaning assigned to such term in the recitals of this Agreement.

“Common Shares Equivalents”
shall mean any securities of the Company or its Subsidiaries which entitle the holder thereof to acquire at any time Common Shares, including,
without limitation, any debt, preferred stock, rights, options, warrants or other instrument that is at any time convertible into or exercisable
or exchangeable for, or otherwise entitles the holder thereof to receive, Common Shares.

“Company” shall have
the meaning assigned to such term in the introductory paragraph of this Agreement.

“Company Party” shall
have the meaning assigned to such term in Section 9.2 of this Agreement.

“Compliance Certificate”
shall have the meaning assigned to such term in Section 7.1(iv) of this Agreement.

“Confidential Data”
shall have the meaning assigned to such term in Section 5.38(a) of this Agreement.

“Current Report” shall
have