Company: RGNT
Filing Date: 2025-05-19
Form Type: F-1/A
Source: 0001213900-25-045479
Chunk: 212

Company: REGENTIS BIOMATERIALS LTD.
Filing Date: 2025-05-19
Form: F-1/A
Chunk 212
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 that it owns and that are located
in Israel.

An “Industrial Enterprise”
is defined as an enterprise whose principal activity in a given tax year is industrial production (and several other activities listed
in the said law, and are associated with industrial production).

The following tax benefits,
among others, are available to Industrial Companies:

| ● | under limited conditions, an election to file consolidated tax returns with related Industrial Companies controlled by it; and |

We believe that we qualify
as an “Industrial Company” within the meaning of the Industry Encouragement Law. There can be no assurance that we will continue
to qualify as an Industrial Company in the future or that the benefits described above will be available to us at all.

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Tax benefits and grants for research and development

Israeli tax law allows, under
certain conditions, a tax deduction for expenditures, including capital expenditures, for the year in which they are incurred. Expenditures
are deemed related to scientific research and development projects, if:

| ● | The expenditures are approved by the relevant Israeli government ministry, determined by the field of research; |

| ● | The research and development must be for the promotion of the company; and |

| ● | The research and development are carried out by or on behalf of the company seeking such tax deduction. |

The amount of such deductible
expenses is reduced by the sum of any funds received through government grants for the finance of such scientific research and development
projects. No deduction under these research and development deduction rules is allowed if such deduction is related to an expense invested
in an asset depreciable under the general depreciation rules of the Ordinance. Expenditures that are qualified under the condition above
are deductible in equal amounts over three years.

From time to time, we may
apply to the Israel Innovation Authority for approval to allow a tax deduction for all or most of research and development expenses during
the year incurred. There can be no assurance that such application will be accepted.

Law for the Encouragement of Capital Investments, 1959

The Law for the Encouragement
of Capital Investments, 1959, which we refer to as the Investment Law, provides certain incentives for capital investments in production
facilities (or other eligible assets). The Investment Law was significantly amended effective April 1, 2005, further amended as of January
1, 2011, or the 2011 Amendment and, as of January 1, 2017, the 201