Company: NCEL
Filing Date: 2025-03-31
Form Type: 425
Source: 0001213900-25-025889
Chunk: 113

Company: NewcelX Ltd.
Filing Date: 2025-03-31
Form: 425
Chunk 113
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3(a); , this
Section 2(h) shall not prevent the Company, beginning thirty (30) days after the initial filing of the Initial Registration
Statement with the SEC, from: (i) filing a registration statement on Form S-4, (ii) Form S-8, or (iii) filing an amendment or update
to an existing registration statement, provided no additional securities are sought to be registered therewith.

3. .

At such time as the Company
is obligated to file a Registration Statement with the SEC pursuant to Section 2, the Company will use its best efforts to effect the
registration of the Registrable Securities in accordance with the intended method of disposition thereof and, pursuant thereto, the Company
shall have the following obligations:

(a) The
Company shall promptly prepare and file with the SEC a Registration Statement with respect to the Registrable Securities and use its best
efforts to cause such Registration Statement relating to the Registrable Securities to become effective as soon as practicable after such
filing (but in no event later than the Effectiveness Deadline). The Company shall keep each Registration Statement effective pursuant
to Rule 415 at all times until the earliest of (i) the date that is fifteen (15) months after each Effective Date, (ii) the date on which
the Investors shall have sold all of the Registrable Securities required to be covered by such Registration Statement, or (iii) may be
sold pursuant to Rule 144 without any information of volume restrictions (the “Registration Period”). The Company shall
ensure that each Registration Statement (including any amendments or supplements thereto and prospectuses contained therein) shall not
contain any untrue statement of a material fact or omit to state a material fact required to be stated therein, or necessary to make the
statements therein (in the case of prospectuses, in the light of the circumstances in which they were made) not misleading. The term “best
efforts” shall mean, among other things, that the Company shall submit to the SEC, within two (2) Business Days after the later
of the date that (i) the Company learns that no review of a particular Registration Statement will be made by the staff of the SEC or
that the staff has no further comments on a particular Registration Statement, as the case may be, and (ii) the approval of Legal Counsel
pursuant to Section 3(c) (which approval is immediately sought), a request for acceleration of effectiveness of such Registration Statement
to a