NewcelX Ltd., a biotechnology company, engages in developing transformative cell-based and small-molecule therapies for neurodegenerative and metabolic diseases. The company was founded in 2008 and is headquartered in Zurich, Switzerland.
NewcelX Announces Pricing of $1.4 Million Equity Financing at 20% Premium Pricing
NewcelX priced a $1.4 million private placement at $4.033 per share, a 20% premium to the July 30 closing price, alongside warrants exercisable at $4.437.
The offering includes participation from existing shareholders and is expected to close on or about August 14, 2026.
Net proceeds will be used primarily to advance the lead type 1 diabetes program NCEL-101 in collaboration with Eledon Pharmaceuticals and for working capital.