Company: NCEL
Filing Date: 2025-03-31
Form Type: 425
Source: 0001213900-25-025889
Chunk: 160

Company: NewcelX Ltd.
Filing Date: 2025-03-31
Form: 425
Chunk 160
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as set forth in the Commission Documents, the Company and its Subsidiaries have good and marketable title to all items of real property
owned by them, good and valid title to all personal property described in the Commission Documents as being owned by them, in each case
free and clear of all liens, encumbrances and claims, except those matters that (i) do not materially interfere with the use made and
proposed to be made of such property by the Company and any of its Subsidiaries or (ii) would not reasonably be expected, individually
or in the aggregate, to have a Material Adverse Effect. Any real or personal property described in the Commission Documents as being leased
by the Company and any of its Subsidiaries is held by them under valid, existing and enforceable leases, except those that (A) do not
materially interfere with the use made or proposed to be made of such property by the Company or any of its Subsidiaries or (B) would
not be reasonably expected, individually or in the aggregate, to have a Material Adverse Effect. Each of the properties of the Company
and its Subsidiaries complies with all applicable codes, laws and regulations (including, without limitation, building and zoning codes,
laws and regulations and laws relating to access to such properties), except if and to the extent disclosed in the Commission Documents
or except for such failures to comply that would not, individually or in the aggregate, reasonably be expected to interfere in any material
respect with the use made and proposed to be made of such property by the Company and its Subsidiaries or otherwise have a Material Adverse
Effect. None of the Company or its Subsidiaries has received from any Governmental Authorities any notice of any condemnation of, or zoning
change affecting, the properties of the Company and its Subsidiaries, and the Company knows of no such condemnation or zoning change which
is threatened, except for such that would not reasonably be expected to interfere in any material respect with the use made and proposed
to be made of such property by the Company and its Subsidiaries or otherwise have a Material Adverse Effect, individually or in the aggregate.

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(b) Except
as disclosed in the Commission Documents, the Company and its Subsidiaries own, possess, license or have other rights to use, or can acquire
the right to use on reasonable terms, all foreign and