Company: NCEL
Filing Date: 2025-09-10
Form Type: 424B3
Source: 0001213900-25-086600
Chunk: 652

Company: NewcelX Ltd.
Filing Date: 2025-09-10
Form: 424B3
Chunk 652
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 , shall have been duly performed in all material respects at or before the Effective Time; 6.3.2 the Company shall not have suffered a Material Adverse Effect after the date hereof; 6.3.3 the D&O Run Off Policy shall be in effect; 6.3.4 a favorable tax ruling from the Federal Tax Authority shall have been obtained confirming that the stamp duty tax is triggered by this Agreement; 6.3.5 at the Effective Time, Company shall have in gross funds (including cash in any of its bank accounts) an amount equal to at least (i) USD $3,500,000 minus (ii) any proceeds received by Parent following the Signing Date in connection with the sale of Parent Capital Stock to Investors; 6.3.6 the Company shall have received Tax Rulings in form and substance reasonably acceptable to Parent; Annex A-49 6.3.7 the Company shall have provided evidence reasonably satisfactory to Parent that the Company and Shares shall be delisted from the TASE effective as of the Effective Time; 6.3.8 the Company shall have provided evidence reasonably satisfactory to Parent that the Company has taken all actions necessary and desirable to provide for the assumption by Parent of the Awards and the Company Plans; and 6.3.9 the Company shall have delivered to Parent a certificate, duly executed by an executive officer of the Company, dated as of the Closing Date, attesting the satisfaction of the conditions set forth in Section 6.3.0 , 6.3.1 , 6.3.2 , and 6.3.5 above. Article VII Termination 7.1 Termination . Notwithstanding anything to the contrary in this Agreement, this Agreement may be terminated and the Merger may be abandoned at any time prior to the Effective Time: 7.1.0 By mutual written consent of Parent and the Company; 7.1.1 By either Parent or the Company, upon delivery of written notice to the other, if the Closing shall not have occurred on or before January 31, 2025 (the “ Termination Date ”); provided , however , that neither Parent nor the Company will be entitled to terminate this Agreement under this Section 7.1.1 if such Person’s material breach of or material failure to fulfill any obligation under this Agreement has been the cause of, or resulted in, the failure of the Closing to occur on or before the Termination Date; 7.