Company: NCEL
Filing Date: 2025-07-29
Form Type: F-4/A
Source: 0001213900-25-068765
Chunk: 344

Company: NewcelX Ltd.
Filing Date: 2025-07-29
Form: F-4/A
Chunk 344
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 Merger will occur or if it will occur at all. Termination The Merger Agreement may be terminated under certain customary and limited circumstances at any time prior to the Closing, including: •By mutual written consent of NLS and Kadimastem; •by either NLS or Kadimastem if any of the conditions to Closing have not been satisfied or waived by August31, 2025; •by either NLS or Kadimastem if the other party shall have breached, or failed to comply with, any of its covenants or obligations under the Merger Agreement or any representation or warranty made by such party (or, in the case of NLS, Merger Sub) shall have been incorrect in any respect when made or shall have since ceased to be true and correct in any respect such that certain conditions set forth in the Merger Agreement would not be satisfied and such breach shall not have been cured (or is not capable of being cured) as set forth in the Merger Agreement; •by either NLS or Kadimastem of the other party’s uncured breach (subject to certain materiality qualifiers); •by either NLS or Kadimastem if the NLS shareholder meeting is held and the NLS shareholders’ approval is not received; •by either NLS or Kadimastem if the Kadimastem shareholder meeting is held and the Kadimastem shareholders’ approval is not received; or •by NLS in the event NLS accepts a Parent Superior Proposal. If the Merger Agreement is terminated, all further obligations of the parties under the Merger Agreement will terminate and will be of no further force and effect (except that certain obligations related to public announcements, confidentiality, fees and expenses, termination, waiver of claims against the trust, and certain general provisions will continue in effect), and no party will have any further liability to any other party thereto except for (i) liability for any willful breach of the Merger Agreement prior to such termination and (ii) in the event that NLS terminates the Merger Agreement to enter into a definitive agreement providing for a Parent Superior Proposal, NLS shall pay to Kadimastem an amount equal to $10,000,000 plus NLS Operating Expenses plus Transaction Expenses. Governing Law Except to the extent that the laws of the State of Israel apply in respect of the procedural aspects of the Merger, the Merger Agreement is governed by laws of the State of Delaware. Resolution of any dispute arising under the Mer