Company: NCEL
Filing Date: 2025-05-16
Form Type: 20-F
Source: 0001213900-25-044868
Chunk: 136

Company: NewcelX Ltd.
Filing Date: 2025-05-16
Form: 20-F
Item: Item 3
Chunk 136
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 have been published
can, subject to certain limitations, be later amended in a manner that could cover the combined company’s technology.

The combined company may become party to,
or threatened with, future adversarial proceedings or litigation regarding intellectual property rights with respect to its technology,
including inter parties review, interference, or derivation proceedings before the U. S. PTO and similar bodies in other countries.
Third parties may assert infringement claims against the combined company based on existing intellectual property rights and intellectual
property rights that may be granted in the future.

If the combined company is
found to infringe a third party’s intellectual property rights, the combined company could be required to obtain a license from
such third party to continue developing and marketing its technology. However, the combined company may not be able to obtain any required
license on commercially reasonable terms or at all. Any inability to secure licenses or alternative technology could result in delays
in the introduction of its products or lead to prohibition of the manufacture or sale of products by it. Even if the combined company
were able to obtain a license, the combined company could be non-exclusive, thereby giving its competitors access to the same technologies
licensed to it. The combined company could be forced, including by court order, to cease commercializing the infringing technology. In
addition, the combined company could be found liable for monetary damages, including treble damages and attorneys’ fees if the combined
company is found to have willfully infringed a patent. A finding of infringement could prevent the combined company from commercializing
its technology or force the combined company to cease some of its business operations, which could materially harm the combined company’s
business. Claims that the combined company has misappropriated the confidential information or trade secrets of third parties could have
a similar negative impact on its business.

The combined company may be subject to claims
challenging the inventorship of its patents and other intellectual property.

The combined company may be
subject to claims that former employees, collaborators or other third parties have an interest in its patents or other intellectual property
as an inventor or co-inventor. For example, the combined company may have inventorship disputes arise from conflicting obligations of
consultants or others who are involved in developing its product candidates. Litigation may be necessary to defend against these and other
claims challenging inventorship. If the combined company fails in defending any such claims, in addition to paying monetary damages, it
may lose valuable intellectual property rights, such as exclusive ownership of, or right