If critical points of a transnormal function are isolated then the function has at most two critical points.

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I am trying to prove or give a counterexample for the following assertion.

Given a smooth connected manifold $M$ with a Riemannian metric $g$ on it, suppose that $f:M\to[a,b]$ is a smooth function such that $|\nabla f|=\mathfrak{b}(f)$, where $\nabla f$ is the gradient of $f$ and $\mathfrak{b}:\mathbb{R}\to\mathbb{R}$ is a smooth function. We know that each of the critical points of function $f$ is isolated. By the way, $x\in M$ is a critical point if $f'(x)=0$. Now my question is as follows:

One can prove that $f$ has at most two critical points?

In fact, it is not difficult to prove:

given some critical point $o$, each level set of $f$ is a sphere of center $o$. According to this fact, I think one can say that $f$ having more than two critical points contradicts the fact that each level set is a sphere of the center of each of its critical points.

I appreciate any comments or answers.