Company: RGNT
Filing Date: 2025-03-11
Form Type: F-1
Source: 0001213900-25-022350
Chunk: 282

Company: REGENTIS BIOMATERIALS LTD.
Filing Date: 2025-03-11
Form: F-1
Chunk 282
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3 inputs) used in measuring the fair value of the 2021 Notes are as follows:

|                  |     | December 31, 
 2023         |   |     | December 31, 
 2022         |       |   |
|:-----------------|:----|:-------------|:--|:----|:-------------|------:|:--|
| Principal amount |     | $            | - |     | $            |   835 |   |
| Discount rate    |     |              | - |     |              |  30.0 | % |
| Term (years)     |     |              | - |     |              |   0.5 |   |
| Fair value       |     |              | - |     |              | 1,018 |   |

The following table presents changes
in the fair value of the 2020 Notes and 2021 Notes:

| Balance as of December 31, 2021                        |     | $ |  6,075 |   |
| Changes in fair value                                  |     |   |    397 |   |
| Balance as of December 31, 2022                        |     | $ |  6,472 |   |
| Balance as of December 31, 2022                        |     | $ |  6,472 |   |
| Conversion of the 2021 Notes into preferred D-2 shares |     |   | (1,086 | ) |
| Changes in fair value                                  |     |   |  2,019 |   |
| Balance as of December 31, 2023                        |     | $ |  7,405 |   |

<div align='center'>F-32</div>

REGENTIS BIOMATERIALS LTD.

NOTES TO FINANCIAL STATEMENTS

U.S. dollars in thousands, except share and per share data

| NOTE 7:- | WARRANT   
 LIABILITY |

| a. | During 2015, the Company                                                                                                           
 issued 66,946 warrants in connection with the issuance of its convertible notes which are exercisable into convertible preferred   
 D-2 shares. The warrants are exercisable at the earlier of: (i) until March 1, 2025 or (ii) immediately prior to the closing of an 
 IPO or Deemed Liquidation Event, or immediately prior to the occurrence of a Liquidation Event, as described in Company’s Article  
 of Association (