Company: NCEL
Filing Date: 2025-03-31
Form Type: 425
Source: 0001213900-25-025889
Chunk: 140

Company: NewcelX Ltd.
Filing Date: 2025-03-31
Form: 425
Chunk 140
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 provided herein, and the Investor shall purchase from the Company, up to the lesser of (i) $25,000,000 (the “Total Commitment”) in aggregate gross purchase price of duly authorized, validly issued, fully paid and non-assessable common
shares of the Company, par value CHF 0.03 per share (the “Common Shares”) and (ii) the Exchange Cap (to the
extent applicable under Section 3.3); and

WHEREAS, such sales
of Common Shares by the Company to the Investor will be made in reliance upon the provisions of Section 4(a)(2) of the Securities Act
(“Section 4(a)(2)”), Regulation S promulgated by the Commission under the Securities Act (“Regulation S”), Rule 506(b) of Regulation D promulgated by the Commission under the Securities Act (“Regulation D”)
or such other exemption from the registration requirements of the Securities Act as may be available with respect to any or all of the
issuances and sales of Common Shares by the Company to the Investor to be made hereunder.

NOW, THEREFORE, the
parties hereto, intending to be legally bound, hereby agree as follows:

<div align='center'>ARTICLE I

DEFINITIONS</div>

Capitalized terms used in
this Agreement shall have the meanings ascribed to such terms in hereto, and hereby made a part hereof, or as otherwise
set forth in this Agreement.

<div align='center'>ARTICLE II

PURCHASE AND SALE OF COMMON SHARES</div>

Section 2.1. Purchase and Sale of Shares. Upon the terms and subject to the conditions of this Agreement, during the Investment Period, the Company,
in its sole discretion, shall have the right, but not the obligation, to issue and sell to the Investor, and the Investor shall purchase
from the Company, up to the lesser of (i) the Total Commitment and (ii) the Exchange Cap, to the extent applicable under Section 3.3 (such
lesser amount of Common Shares, the “Aggregate Limit”), by the delivery to the Investor of VWAP Purchase Notices
as provided in Article III.

Section 2.2. Closing Date; Settlement Dates. This Agreement shall become effective and binding upon (a) the delivery of counterpart signature pages
of this Agreement executed by each of the parties hereto, and (b) the delivery of all other documents, instruments and writings required