Company: NCEL
Filing Date: 2025-03-31
Form Type: 425
Source: 0001213900-25-025889
Chunk: 122

Company: NewcelX Ltd.
Filing Date: 2025-03-31
Form: 425
Chunk 122
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 any Investor as an underwriter in any public disclosure or filing with the SEC, the Principal
Market or any Eligible Market, prior to so identifying any such Investor, the Company shall promptly notify each such Investor of the
legal requirement and give each such Investor a reasonable opportunity to persuade the applicable regulator that said disclosure is not
required. If the applicable Investors are unable to eliminate the legal requirement to be identified as an underwriter, the applicable
Investor shall have five (5) Business Days, or such shorter time as required by the applicable regulator or applicable law, to consent
to such disclosure or to agree to withdraw as a selling shareholder under the Registration Statement. If an Investor agrees to withdraw
as a selling shareholder under the Registration Statement, the Company shall not be responsible for any such Failures with respect to
any such Investor.

(t) Neither
the Company nor any of its Subsidiaries has entered, as of the date hereof, nor shall the Company or any of its Subsidiaries, on or after
the date of this Agreement, enter into any agreement with respect to its securities, that would have the effect of preventing the Company
from performing its obligations hereunder. The foregoing obligation and undertaking is a material obligation of the Company to the Investors.

4. .

(a) At
least ten (10) Business Days prior to the first anticipated Filing Date of a Registration Statement, the Company shall notify each Investor
in writing of the information the Company requires from each such Investor if such Investor elects to have any of such Investor's Registrable
Securities included in such Registration Statement. Anything herein to the contrary notwithstanding unless otherwise advised by Investor,
the Company acknowledges that the maximum Registrable Securities of Investor shall be included in each Registration hereunder. It shall
be a condition precedent to the obligations of the Company to complete any registration pursuant to this Agreement with respect to the
Registrable Securities of a particular Investor that such Investor shall timely furnish to the Company such information regarding itself,
the Registrable Securities held by it and the intended method of disposition of the Registrable Securities held by it as shall be reasonably
required by the Company to effect and maintain the effectiveness of the registration of such Registrable Securities and shall timely execute
such documents in connection with such registration as the Company may reasonably request. The Company acknowledges that it has received
all information from each Investor with respect to the Initial Registration Statement.

(b) Each
Investor, by such Investor's acceptance of the Registrable Securities, agrees to