Company: RGNT
Filing Date: 2025-07-07
Form Type: F-1/A
Source: 0001213900-25-061821
Chunk: 276

Company: REGENTIS BIOMATERIALS LTD.
Filing Date: 2025-07-07
Form: F-1/A
Chunk 276
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 held thereby, prior to and in preference over the convertible preferred
A shares, an amount per share equal to: (i) the applicable original issue price for each convertible preferred B share or convertible
preferred C shares, as applicable, then held; plus (ii) declared but unpaid dividends if any.

Third, upon completion of the distribution
to the convertible preferred D shares, convertible preferred C shares and convertible preferred B shares above, the holders of the convertible
preferred A shares are entitled to receive, for each convertible preferred A share held thereby, prior to and in preference over all
the remaining classes of equity securities, an amount per share equal to: (i) the applicable original issue price for each convertible
preferred A share then held; plus (ii) a rate of return equal to 8% annually compounded thereupon, calculated from the applicable original
issue date of each such convertible preferred A shares, less any dividends actually paid on such convertible preferred A share.

Upon completion of the distribution as
described above, if any of the Company’s assets and funds legally available for distribution remain in the Company, all shareholders
of the Company (ordinary and preferred) will participate in the distribution of such remaining assets and funds of the Company, on a
pro-rata basis according to their respective holdings in the Company, calculated on an as-converted basis.

<div align='center'>F-25</div>

REGENTIS BIOMATERIALS LTD.

NOTES TO FINANCIAL STATEMENTS

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

| NOTE 10:- | TEMPORARY EQUITY (Cont.) |

Notwithstanding the foregoing, if the
aggregate distribution pursuant to the above, together with their pro rata participation, would not result in the holders of convertible
preferred D shares receiving an amount per share of at 2 times the applicable original issue price for each convertible preferred D share,
then each holder of convertible preferred D shares will be entitled to receive in respect of each share held by such holder of convertible
preferred D share, interest at a rate of 15% per annum of the applicable original issue price of such convertible preferred D share,
compounded annually from the date of the actual payment thereto to the date of distribution, until such time that each holder of convertible
preferred D shares receives an aggregate amount of 2 times the respective original issue price for each convertible preferred D share.

In the event of a “Deemed Liquidation”,
which is a sale of all or