Company: NCEL
Filing Date: 2025-09-25
Form Type: F-1
Source: 0001213900-25-091697
Chunk: 2

Company: NewcelX Ltd.
Filing Date: 2025-09-25
Form: F-1
Chunk 2
---
 million of our Common
Shares. Of the $25.0 million eligible to be sold pursuant to the Purchase Agreement (the “Total Commitment”), to date we have
not sold any Common Shares. In connection with the Purchase Agreement, we may request pre-paid advances of the Total Commitment, in an
amount up to $25.0 million. In connection with the Purchase Agreement, we also agreed to issue the Selling Shareholder $250,000 in Common
Shares (the “Commitment Shares”), and as such we issued the Selling Shareholder a pre-funded warrant to purchase 192,308 Common
Shares as Commitment Shares.

The Common Shares being offered
by the Selling Shareholder may be issued pursuant to the Purchase Agreement. We are not selling any securities under this prospectus and
will not receive any of the proceeds from the sale of our Common Shares by the Selling Shareholder. However, we may receive up to $25.0
million in aggregate gross proceeds from sales of our Common Shares to the Selling Shareholder that we may make under the Purchase Agreement,
from time-to-time after the date of this prospectus. The additional Common Shares that may be offered pursuant to this prospectus would
be purchased by the Selling Shareholder pursuant to the Purchase Agreement at ninety-five percent (95%) of the lesser of the (i) lowest
sale price on the applicable date of the purchase of such Common Shares and (ii) the volume average weighted price (the “VWAP”),
over the applicable VWAP Purchase Period (as defined in the Purchase Agreement) on the applicable date of the purchase of such Common
Shares.

The Selling Shareholder may
sell the Common Shares included in this prospectus in a number of different ways and at varying prices. We provide more information about
how the Selling Shareholder may sell the shares in the section entitled “Plan of Distribution”. The Selling Shareholder
is an “underwriter” within the meaning of Section 2(a)(11) of the Securities Act of 1933, as amended (the “Securities
Act”).

The Selling Shareholder will
pay all brokerage fees and commissions and similar expenses in connection with the offer and sale of the Common Shares by the Selling
Shareholder pursuant to this prospectus. We will pay the expenses (except brokerage fees and commissions and similar expenses) incurred
to register under the Securities Act the offer and sale of the Common Shares included in this prospectus by the Selling Shareholder. See
“Plan of Distribution”.