Company: NCEL
Filing Date: 2025-06-23
Form Type: F-4/A
Source: 0001213900-25-056787
Chunk: 137

Company: NewcelX Ltd.
Filing Date: 2025-06-23
Form: F-4/A
Chunk 137
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 compulsory licensing laws under which a patent owner may be compelled to grant licenses to third parties. In those countries, NLS and its licensors may have limited remedies if patents are infringed or if NLS or its licensors are compelled to grant a license to a third party, which could materially diminish the value of those patents. This could limit its potential revenue opportunities. Accordingly, its efforts to enforce its intellectual property rights around the world may be inadequate to obtain a significant commercial advantage from the intellectual property that NLS develops or licenses. If NLS is unable to maintain effective proprietary rights for its product candidates, NLS may not be able to compete effectively in its markets. In addition to the protection afforded by any patents currently issued, historically, NLS has relied on trade secret protection and confidentiality agreements to protect proprietary know -howthat is not patentable or that NLS elect not to patent, processes that are not easily known, knowable or easily ascertainable, and for which patent infringement is difficult to monitor and enforce and any other elements of its product candidate discovery and development processes that involve proprietary know -how, information or technology that is not covered by patents. However, trade secrets can be difficult to protect. NLS seeks to protect its proprietary technology and processes, in part, by entering into confidentiality agreements with its employees, consultants, scientific advisors, and contractors. NLS also seek to preserve the integrity and confidentiality of its data, trade secrets and intellectual property by maintaining physical security of its premises and physical and electronic security of its information technology systems. Agreements or security measures may be breached, and NLS may not have adequate remedies for any breach. In addition, its trade secrets and intellectual property may otherwise become known or be independently discovered by competitors. NLS cannot provide any assurances that its trade secrets and other confidential proprietary information will not be disclosed in violation of its confidentiality agreements or that competitors will not otherwise gain access to its trade secrets or independently develop substantially equivalent information and techniques. Also, misappropriation or unauthorized and unavoidable disclosure of its trade secrets and intellectual property could impair its competitive position and may have a material adverse effect on its business. Additionally, if the steps taken to maintain its trade secrets and intellectual property are deemed inadequate, NLS may have insufficient recourse against third parties for misappropriating any trade secret. Third parties may initiate legal proceedings alleging that NLS is infringing their intellectual property rights, the outcome of which would be uncertain and could have a material adverse effect on the success of its business. NLS’s commercial success depends upon its