UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16
UNDER THE SECURITIES EXCHANGE ACT OF 1934
For the Month of November 2026
Commission File Number: 001-39957
NEWCELX LTD.
(Translation of registrant’s name into
English)
Hohstrasse 1
8302 Kloten, Switzerland
(Address of principal executive office)
Indicate by check mark whether the registrant files
or will file annual reports under cover of Form 20-F or Form 40-F:
☒ Form 20-F ☐
Form 40-F
CONTENTS
Private Placement Offering
On November 9, 2026, NewcelX Ltd. (the “Company”)
entered into definitive securities purchase agreements (the “Purchase Agreement”) for a private placement financing with certain
accredited investors (the “Offering”). Under the Purchase Agreement, the investors have agreed to purchase 471,125 common
shares, par value CHF 0.05 per share at a purchase price of $3.29 per share and common warrants to purchase up to 353,344 common shares
at an exercise price of $3.75 per share. The common warrants shall have a term of five years.
The offering is expected to result in gross proceeds
to the Company of $1.55 million. Cash exercise of the warrants in full would result in an additional approximately $1.325 million in gross
proceeds to the Company. The Company intends to use the net proceeds from the offering, together with its current cash position, and previously
announced $25 million equity line, primarily to advance NCEL-101, the Company’s lead program for type 1 diabetes, in collaboration
with Eledon Pharmaceuticals, and specifically to initiate the FDA-required IND-enabling toxicology study, advance cell manufacturing capabilities
and support preparations for the planned Phase 1/2a clinical trial in 2027, and for working capital and general corporate purposes.
The offering is expected to close on or about
November 23, 2026, subject to the satisfaction of customary closing conditions.
Pursuant to the terms
of the Purchase Agreement, the Company has agreed to file a registration statement related to the resale of the common shares and common
shares underlying the pre-funded warrants and common warrants, and shall use reasonable best efforts to file such registration statement
within 45 calendar days of the date of the Purchase Agreement.
The Purchase Agreement also contains representations,
warranties, indemnification and other provisions customary for transactions of this nature.
The common shares, pre-funded warrants, common
warrants and the common shares underlying the pre-funded warrants and common warrants are being offered and sold pursuant to an exemption
from the registration requirements under Section 4(a)(2) of the Securities Act of 1933, as amended (the “Securities Act”)
and Rule 506(b) of Regulation D promulgated thereunder. The investors have represented that they are accredited investors, as that term
is defined in Regulation D, or qualified institutional buyers as defined in Rule 144(A)(a), and have acquired the foregoing securities
as principals for their own respective accounts and have no arrangements or understandings for any distribution thereof. The offer and
sale of the foregoing securities are being made without any form of general solicitation or advertising. The common shares, pre-funded
warrants, common warrants and the common shares underlying the pre-funded warrants and common warrants have not been registered under
the Securities Act or applicable state securities laws. Accordingly, the common shares, pre-funded warrants, common warrants and the common
shares underlying the pre-funded warrants and common warrants 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.
This Report on Form 6-K does not constitute an
offer to sell or a solicitation of an offer to buy the securities in this offering, nor shall there be any sale of these securities in
any state or other jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification
under the securities laws of any such state or other jurisdiction.
The foregoing summaries of the Purchase Agreement
and common warrants do not purport to be complete and are qualified in their entirety by reference to the full text of such documents,
copies of which are filed as exhibits to this Report on Form 6-K and are incorporated by reference herein.
This Form 6-K is hereby incorporated by reference
into the registrant’s registration statements on Form F-3 (File Nos. 333-282788,
333-268690, 333-269220,
333-295770, 333-284811
and 333-298458) of the Company,
filed with the Securities and Exchange Commission, to be a part thereof from the date on which this report is submitted, to the extent
not superseded by documents or reports subsequently filed or furnished.
Forward Looking Statements
This Report on Form 6-K contains statements
which constitute forward looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and other securities
laws. These forward looking statements are based upon the Company’s present intent, beliefs or expectations, but forward looking
statements are not guaranteed to occur and may not occur for various reasons, including some reasons which are beyond the Company’s
control. For example, the Company is using forward-looking statements when it discusses the timing and completion of the offering, the
satisfaction of customary closing conditions related to the offering and the intended use of proceeds of the offering. In fact, the closing
of the Offering is subject to various conditions and contingencies as are customary in securities purchase agreements in the United States.
If these conditions are not satisfied or the specified contingencies do not occur, this Offering may not close. For this reason, among
others, you should not place undue reliance upon the Company’s forward looking statements. Except as required by law, the Company
undertakes no obligation to revise or update any forward looking statements in order to reflect any event or circumstance that may arise
after the date of this Report on Form 6-K.
EXHIBIT INDEX
Exhibit
Number |
|
Description
of Document |
| 10.1 |
|
Form of Securities Purchase Agreement dated as of November 9, 2026, by and among the Company and the investors signatory thereto |
| 10.2 |
|
Form of Common Warrant |
SIGNATURES
Pursuant to the requirements
of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto
duly authorized.
| |
NewcelX Ltd. |
| |
|
| Date: November 9, 2026 |
By: |
/s/ Ronen Twito |
| |
|
Name: |
Ronen Twito |
| |
|
Title: |
Chief Executive Officer |