Company: NCEL
Filing Date: 2025-03-31
Form Type: 6-K
Source: 0001213900-25-025839
Chunk: 1

Company: NewcelX Ltd.
Filing Date: 2025-03-31
Form: 6-K
Chunk 1
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(a)(2) of the Securities Act of 1933, as amended, or the Securities
Act, and Rule 506(b) of Regulation D promulgated thereunder. The securities have not been registered under the Securities Act or applicable
state securities laws. Accordingly, once issued, the securities may not be offered or sold in the United States except pursuant to an
effective registration statement or an applicable exemption from the registration requirements of the Securities Act and such applicable
state securities laws.

Committed Equity Facility of up to $25 million

On March 31, 2025, the Company
entered into a Common Shares Purchase Agreement, or the Purchase Agreement, with an institutional investor, or the Investor, relating
to a committed equity facility, or the Facility. Pursuant to the Purchase Agreement, the Company has the right from time to time at its
option to sell to the Investor up to $25.0 million of its common shares, or the Common Shares, subject to certain conditions and
limitations set forth in the Purchase Agreement.

Sales of the Common Shares
to the Investor under the Purchase Agreement, and the timing of any sales, will be determined by the Company from time to time in its
sole discretion and will depend on a variety of factors, including, among other things, market conditions, the trading price of the Common
Shares and determinations by the Company regarding the use of proceeds of such Common Shares. The net proceeds from any sales under the
Purchase Agreement will depend on the frequency with, and prices at which the Common Shares are sold to the Investor. The Company expects
to use the proceeds from any sales under the Purchase Agreement for working capital and general corporate purposes.

Upon 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