Company: NCEL
Filing Date: 2025-10-24
Form Type: POS AM
Source: 0001213900-25-102149
Chunk: 60

Company: NewcelX Ltd.
Filing Date: 2025-10-24
Form: POS AM
Chunk 60
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9.99%). Such limitation restricts Alpha from exercising that portion                           
 of the NLS Preferred Shares, PPCs, and common warrants that would result in Alpha and its                              
 affiliates owning, after exercise, a number of Common Shares in excess of the beneficial                               
 ownership limitation. As a result, the number of Common Shares reflected in the table owned                            
 by Alpha includes (a) any outstanding Common Shares held by such shareholder, and (b) if                               
 any, the number of NLS Preferred Shares and warrants convertible into Common Shares that                               
 the holder has the right to acquire within 60 days of October 22, 2025 without such holder                             
 or any of such holder’s affiliates beneficially owning more than the beneficial ownership                              
 limitation of 9.99%.   The address for Alpha is Altenbach 8, 9490 Furstentums, Vaduz, Lichtenstein. Nicola Feuerstein, 
 a Director of Alpha, holds voting and dispositive power over the securities held by Alpha.                             |

<div align='center'>34

PLAN OF DISTRIBUTION</div>

On March 31, 2025, we entered
into the Purchase Agreement with the Selling Shareholder. The Purchase Agreement provides that, upon the terms and subject to the conditions
set forth therein, the Selling Shareholder is committed to purchase up to $25.0 million of our Common Shares over an approximately 36-month
commitment period. Of the Total Commitment, to date we have not sold any Common Shares (other than the Commitment Shares). From time-to-time,
and at our sole discretion, we may present the Selling Shareholder with advance notices to purchase our Common Shares. The shares would
be purchased pursuant to the Purchase Agreement at ninety-five percent (95%) of the lesser of the (i) lowest sale price on the applicable
date of the purchase of such Common Shares and (ii) VWAP, over the applicable VWAP Purchase Period on the applicable date of the purchase
of such Common Shares.

The Common Shares offered
by this prospectus are being offered by the Selling Shareholder, the Selling Shareholder. The Selling Shareholder is an “underwriter”
within the meaning of Section 2(a)(11) of the Securities Act. We have agreed in the Purchase Agreement to provide customary indemnification
to the Selling Shareholder.

It is possible that our shares
may be sold from time-to-time by the Selling Shareholder in one or more of the following manners:

| ● | ordinary brokerage transactions