Company: DRTSW
Filing Date: 2025-06-23
Form Type: F-3
Source: 0001213900-25-056744
Chunk: 43

Company: Alpha Tau Medical Ltd.
Filing Date: 2025-06-23
Form: F-3
Chunk 43
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 annual basis.

If
a U.S. Holder does not make a QEF election (or a mark-to-market election, as discussed below) effective from the first taxable year of
a U.S. Holder’s holding period for our ordinary shares in which we are a PFIC, then such ordinary shares will generally continue
to be treated as an interest in a PFIC, and the U.S. Holder generally will remain subject to the Excess Distribution Rules. A U.S. Holder
that first makes a QEF election in a later year may avoid the continued application of the Excess Distribution Rules to its ordinary shares
by making a “deemed sale” election. In that case, the U.S. Holder will be deemed to have sold our ordinary shares at their
fair market value on the first day of the taxable year in which the QEF election becomes effective, and any gain from such deemed sale
would be subject to the Excess Distribution Rules described above. A U.S. Holder that is eligible to make a QEF election with respect
to its ordinary shares generally may do so by providing the appropriate information to the IRS in the U.S. Holder’s timely filed
tax return for the year in which the election becomes effective.

U.S.
Holders should consult their own tax advisors as to the availability and desirability of a QEF election.

Alternatively,
a U.S. Holder of “marketable stock” (as defined below) may make a mark-to-market election for its ordinary shares to
elect out of the Excess Distribution Rules discussed above if we are treated as a PFIC. If a U.S. Holder makes a mark-to-market
election with respect to its ordinary shares, such U.S. Holder will include in income for each year that we are treated as a PFIC
with respect to such ordinary shares an amount equal to the excess, if any, of the fair market value of the ordinary shares as of
the close of the U.S. Holder’s taxable year over the adjusted basis in the ordinary shares. A U.S. Holder will be allowed a
deduction for the excess, if any, of the adjusted basis of our ordinary shares over their fair market value as of the close of the
taxable year. However, deductions will be allowed only to the extent of any net mark-to-market gains on such ordinary shares
included in the U.S. Holder’s income for prior taxable years. Amounts included in income under a mark-to-market election, as
well as gain