Company: NCEL
Filing Date: 2025-03-31
Form Type: 425
Source: 0001213900-25-025889
Chunk: 96

Company: NewcelX Ltd.
Filing Date: 2025-03-31
Form: 425
Chunk 96
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3(c)(1) or Section 3(c)(7) of such Act;                                                                                                                                            |
| ☐ | (xix) a “family office”, as defined in Rule 202(a)(11)(G)-1 under the Investment Advisers Act of 1940 (17CFR 275.202(a)(11)(G)-1) (the “Family Office Rule”), with assets under management in excess of $5,000,000, that is not formed for the specific purpose of acquiring the securities offered, and whose prospective investment is directed by a person who has such knowledge and experience in financial and business matters that such family office is capable of evaluating the merits and risks of the prospective investment; |
| ☐ | (xx) a “family client” as defined in the Family Office Rule, of a family office that satisfies the above requirements and whose investments are directed by that family office;                                                                                                                                                                                                                                                                                                                                                            |
| ☐ | (xxi) an individual that holds professional certification or designation or credentials in good standing from an accredited institution that the Securities and Exchange Commission has designated as sufficient to demonstrate his or her investment knowledge, which initially consists of Series 7, 65 or 82 exam, but may be expanded in the future to encompass other exams or certifications as sufficient by order if the designations satisfy specified criteria;                                                                  |
| ☐ | (xxii) an entity not otherwise specified in the accredited investor definition and not formed for the specific purpose of acquiring the securities offered that owns more than $5,000,000 in “investments” as defined in Rule 2a51-1(b);                                                                                                                                                                                                                                                                                                   |
| ☐ | (xxiii) an investment adviser registered under the Investment Advisers Act of 1940, as amended or a person exempt from registration as a private fund adviser or a venture capital adviser;                                                                                                                                                                                                                                                                                                                                                |
| ☐ | (xxiv) an entity in which all of the equity investors are persons or entities described above (“accredited investors”).  ALL EQUITY OWNERS MUST COMPLETE “EXHIBIT 1” ATTACHED HERETO.                                                                                                                                                                                                                                                                                                                                                      |

<div align='center'>57</div>

9.A Do you have sufficient knowledge and experience
in financial and business matters so as to be capable of evaluating the merits and risks associated with investing in the Company?

| ☐   | ☐  |
| Yes | No |

ANSWER QUESTION 9B ONLY IF THE ANSWER TO QUESTION 9A WAS “NO.”

9