Company: RGNT
Filing Date: 2025-10-24
Form Type: F-1/A
Source: 0001213900-25-101900
Chunk: 296

Company: REGENTIS BIOMATERIALS LTD.
Filing Date: 2025-10-24
Form: F-1/A
Chunk 296
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uant to the October 2024 CLA Addendum,              
 the 2020 Notes held by the non-participating lenders will bear interest at 8% per annum until maturity 
 commencing as of July 1, 2024, and the 2020 Notes held by the Participating Lenders commencing on      
 March 31, 2025. In addition, pursuant to the October 2024 CLA Addendum, upon the earlier of March      
 31, 2025 or occurrence of an IPO, the 2020 Notes principal and accrued interest will be automatically  
 converted into 609,888 Ordinary Shares based on a pre money valuation of $5,150. In addition, upon     
 conversion of the CLAs to Ordinary Shares the Company will issue additional 553,640 Ordinary Shares    
 to the Participating Lenders which presents the additional amount provided by Participating Lenders,   
 the applicable accrued interest and the amount of $340 as a risk premium. On March 31, 2025, the       
 Company and the lenders signed an amendment to the loan agreement to extend the maturity date until    
 the earlier of August 31, 2025 or consummation of an IPO. As of June 30, 2025, the Company received    
 proceeds of $450 proceeds from the issuance of the additional 2020 Notes.                              |

<div align='center'>F-42</div>

REGENTIS BIOMATERIALS LTD.

NOTES TO THE UNAUDITED INTERIM CONDENSED FINANCIAL STATEMENTS

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

| NOTE 5:- | CONVERTIBLE NOTES (Cont.) |

The Company estimates the fair
value of the 2020 Notes using the Probability-Weighted Expected Return Method (PWERM). For six months period ended June 30, 2025 and
2024, the Company recorded an income (expense) of $(2,740) and $4,867 for the revaluation of such 2020 Notes, within financial income
(expenses), net in the interim condensed statements of comprehensive income (loss).

A summary of significant unobservable
inputs (Level 3 inputs) used in measuring the fair value of 2020 Notes outstanding are as follows:

|                  |     |   | June 30, 
     2025 |   |     |   | December 31, 
         2024 |   |
|:-----------------|:----|:--