Company: NCEL
Filing Date: 2025-10-24
Form Type: POS AM
Source: 0001213900-25-102149
Chunk: 13

Company: NewcelX Ltd.
Filing Date: 2025-10-24
Form: POS AM
Chunk 13
---
 ● | compliance with applicable laws; |

| ● | environmental laws and regulations; |

| ● | taxes; |

| ● | intellectual property; |

| ● | insurance; |

| ● | certain business practices; |

| ● | tangible personal property; |

| ● | title; |

| ● | sufficiency of assets; |

| ● | material contracts; |

| ● | grants, incentives and subsidies; |

| ● | affiliates; |

| ● | transactions with affiliates; |

| ● | brokers; |

| ● | employee benefits; |

| ● | labor and employment matters; |

| ● | indebtedness; |

| ● | real property; |

| ● | anti-takeover statutes; |

| ● | no other representations; or |

| ● | ownership of stock. |

No party’s representations, warranties or pre-Closing covenants will survive the Closing, and no party has any post-Closing indemnification obligations; provided, however, that NLS will hold, and will cause its representatives to hold, in confidence all documents and information furnished to it by or on behalf of Kadimastem pursuant to the Merger Agreement. The covenants and agreements of the parties shall not survive the Closing, except those covenants and agreements to be performed after the Closing which covenants and agreements shall survive until fully performed. Each party agreed in the Merger Agreement to use its commercially reasonable efforts to effect the Closing. The Merger Agreement also contains certain customary covenants by each of the parties during the Interim Period (as defined in the Merger Agreement), including (1) the provision of access to such party’s properties, books, other information and personnel; (2) notifications of certain breaches, consent requirements or other matters; (3) commercially reasonable efforts to consummate the Closing and obtain third party and regulatory approvals; (4) tax matters and tax rulings; (5) further assurances that the parties shall further cooperate with each other to consummate the transactions contemplated therein; and (6) public announcements concerning the Merger Agreement and the transactions contemplated therein. In addition, the Merger Agreement contains covenants by NLS with respect to the performance of Merger Sub during the Interim Period and obtaining necessary Israeli Securities Authority Approvals.

<div align='center'>5</div>

Pursuant to the Merger Agreement,
except with the prior written consent of from the other party, NLS and Kadimastem will and will cause each of their subsidiaries to: (i)