Company: NCEL
Filing Date: 2025-09-10
Form Type: 424B3
Source: 0001213900-25-086600
Chunk: 495

Company: NewcelX Ltd.
Filing Date: 2025-09-10
Form: 424B3
Chunk 495
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:----|:-------|-----------:|
| Purchase price consideration(1)             |     | $      | 20,504,850 |
| Total consideration                         |     | $      | 20,504,850 |
| Assets acquired:                            |     |        |            |
| Cash                                        |     | $      |  5,194,094 |
| Prepayments and other current assets        |     |        |    560,157 |
| Property and equipment                      |     |        |      7,290 |
| Intangible assets-IPR&D & Goodwill(2)       |     |        | 15,570,073 |
| Total assets acquired                       |     |        | 21,331,614 |
| Liabilities assumed:                        |     |        |            |
|                                             |     | $      |    826,764 |
| Total liabilities assumed                   |     |        |    826,764 |
| Estimated fair value of net assets acquired |     | $      | 20,504,850 |

____________ (1)See Note 5 below. (2) The preliminary purchase price of approximately $20.5 million has been allocated primarily to intangible assets — primarily intangibles assets in -process research and development (IPR&D) and goodwill. This estimate is based on management’s assessment of the currently available information, as a formal third -party valuation has not yet been completed. These indefinite -lived intangible assets will not be amortized but will be tested for impairment at least annually, or more frequently if indicators of impairment arise. (3)These intangible assets are not expected to be deductible for tax purposes. Given the preliminary nature of the purchase price allocation, the final allocation at closing may be adjusted. Any remaining consideration not assigned to identifiable net assets — including IPR&D — will be recognized as goodwill in accordance with IFRS 3, Business Combinations (paragraphs 32 – 34). For purposes of this pro forma presentation, NLS has aggregated indefinite -lived intangible assets, and goodwill as distinguishing between them does not impact the current presentation. 3.Earnings Per Share and Common Share Reconciliation The pro forma basic and diluted earnings per share amounts presented in the unaudited pro forma condensed combined statement of operations are based upon the number of the outstanding NLS Common Shares and NLS Common Shares underlying NLS Preferred Shares pursuant to which Kadimastem agreed to convert its share capital in exchange for