Revel Michel 4

What Happened
Revel Michel, a reported 10% owner of NewcelX Ltd. (NCEL), made purchases on 2026-04-27. He acquired 54,545 common shares at $2.75 per combined unit (share plus accompanying warrant) for $149,999. The filing also reports the acquisition of 76,363 derivative securities (details/price not separately reported).

Key Details

• Transaction date(s): 2026-04-27; Form 4 filed 2026-04-29 (filed within the SEC’s two-business-day window).
• Reported prices/values: 54,545 shares at a combined $2.75 per common share + accompanying warrant = $149,999 (see footnote). The 76,363 derivative securities show no separate price (N/A) in the filing.
• Shares owned after transaction: Not disclosed in the provided filing excerpt.
• Footnote: F1 states the $2.75 is the combined purchase price per common share and accompanying one warrant.
• Timeliness: Filing appears timely (not marked late).

Context
This is a purchase by a 10% owner (a principal holder), not an executive grant or exercise. The derivative line likely reflects accompanying warrants or other derivative instruments; the footnote clarifies the combined share+warrant price but the filing does not break out a separate price for the derivative portion. Purchases by insiders can be viewed as informative, but they do not by themselves prove future company performance.