Company: NCEL
Filing Date: 2025-04-04
Form Type: 6-K/A
Source: 0001213900-25-028988
Chunk: 2

Company: NewcelX Ltd.
Filing Date: 2025-04-04
Form: 6-K/A
Chunk 2
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 the initial satisfaction
of the conditions to the Investor’s obligation to purchase Common Shares set forth in the Purchase Agreement, or the Commencement,
including that a registration statement registering the resale by the Investor of the Common Shares under the Securities Act that may
be sold to it by the Company under the Purchase Agreement, or the Initial Resale Registration Statement, is declared effective by the
SEC and a final prospectus relating thereto is filed with the SEC, the Company will have the right, but not the obligation, from time
to time at its sole discretion until the first day of the month next following the 36-month period from and after Commencement, to direct
the Investor to purchase up to a specified maximum amount of Common Shares as set forth in the Purchase Agreement by delivering written
notice to the Investor prior to the commencement of trading on any trading day. The purchase price of the Common Shares that the Company
elects to sell to the Investor pursuant to the Purchase Agreement will be 95% of the volume weighted average price of the Common Shares
during the applicable purchase date on which the Company has timely delivered written notice to the Investor directing it to purchase
Common Shares under the Purchase Agreement.

In connection with the execution
of the Purchase Agreement, the Company agreed to issue a pre-funded warrant, or the Pre-Funded Warrant, to purchase $250,000 in Common
Shares to The Investor as consideration for its irrevocable commitment to purchase the Common Shares upon the terms and subject to the
satisfaction of the conditions set forth in the Purchase Agreement. The Purchase Agreement contains customary registration rights, representations,
warranties, conditions and indemnification obligations by each party. The representations, warranties and covenants contained in the Purchase
Agreements were made only for purposes of the Purchase Agreements and as of specific dates, were solely for the benefit of the parties
to such agreements and are subject to certain important limitations.

The Company has the right
to terminate the Purchase Agreement at any time after Commencement, at no cost or penalty, upon 10 days’ prior written notice. No
termination of the Purchase Agreement will affect the registration rights provisions contained within the Purchase Agreement, which will
survive any termination of the Purchase Agreement.

This report shall not constitute
an offer to sell or the solicitation of an offer to buy any of the securities described herein, nor shall there be any sale of these securities
in any state or jurisdiction in which such offer, solicitation or sale would be