Company: DRTSW
Filing Date: 2025-06-23
Form Type: F-3
Source: 0001213900-25-056744
Chunk: 18

Company: Alpha Tau Medical Ltd.
Filing Date: 2025-06-23
Form: F-3
Chunk 18
---
 existing shareholders. The price per ordinary share at which we
sell additional ordinary shares or other securities convertible into or exchangeable for our ordinary shares in future transactions may
be higher or lower than the price per ordinary share in this offering.

Further, we have a significant
number of outstanding share options and warrants exercisable for our ordinary shares and restricted share units that vest into our ordinary
shares. To the extent that outstanding stock options or warrants are exercised, or restricted share units vest and settle, the Investor
purchasing our securities in this offering may experience further dilution in the future. Furthermore, a significant portion of our total
outstanding shares are eligible to be sold into the market, which could cause the market price of our ordinary shares to drop significantly,
even if our business is doing well.

If we or any of our subsidiaries are characterized as a Passive Foreign Investment Company (“PFIC”) for U.S. federal income tax purposes, U.S. Holders may suffer adverse tax consequences.

A non-U.S. corporation generally
will be treated as a PFIC for U.S. federal income tax purposes, in any taxable year if either (1) at least 75% of its gross income for
such year is passive income or (2) at least 50% of the value of its assets (generally based on an average of the quarterly values of the
assets) during such year is attributable to assets that produce or are held for the production of passive income. We believe we were a
PFIC in 2024. Based on the current and anticipated composition of our and our subsidiaries’ income, assets and operations, there
is a risk that we may continue to be treated as a PFIC for future taxable years. Moreover, the application of the PFIC rules is subject
to uncertainty in several respects, and we cannot assure you that the IRS will not take a position contrary to the position taken by us
or that a court will not sustain such a challenge by the IRS.

Whether we or any of our
subsidiaries are a PFIC for any taxable year is a factual determination that depends on, among other things, the composition of our and
our subsidiaries’ income and assets, and the market value of our and our subsidiaries’ shares and assets. Changes in the composition
of our and our subsidiaries’ income, composition or composition of assets may cause us to be or become a PFIC for the current or
subsequent taxable years. Whether we are treated as a PFIC for U.S