Company: DRTSW
Filing Date: 2025-06-23
Form Type: F-3
Source: 0001213900-25-056744
Chunk: 41

Company: Alpha Tau Medical Ltd.
Filing Date: 2025-06-23
Form: F-3
Chunk 41
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 any gain from such
deemed sale would be subject to the consequences described below. After the deemed sale election, our ordinary shares with respect to
which the deemed sale election was made will not be treated as shares in a PFIC unless we subsequently become a PFIC.

For
each taxable year that we are treated as a PFIC with respect to a U.S. Holder’s ordinary shares, the U.S. Holder will be subject
to special tax rules with respect to any “excess distribution” (as defined below) received and any gain realized from a sale
or disposition (including a pledge) of its ordinary shares (collectively the “Excess Distribution Rules”), unless the U.S.
Holder makes a valid QEF election or mark-to-market election as discussed below. Distributions received by a U.S. Holder in a taxable
year that are greater than 125% of the average annual distributions received during the shorter of the three preceding taxable years or
the U.S. Holder’s holding period for our ordinary shares will be treated as excess distributions. Under these special tax rules:

the excess
distribution or gain will be allocated ratably over the U.S. Holder’s holding period for our ordinary shares;

the amount
allocated to the current taxable year, and any taxable years in the U.S. Holder’s holding period prior to the first taxable year
in which we are a PFIC, will be treated as ordinary income; and

the interest
charge generally applicable to underpayments of tax will be imposed on the resulting tax attributable to each such year.

Under
the Excess Distribution Rules, the tax liability for amounts allocated to taxable years prior to the year of disposition or excess distribution
cannot be offset by any net operating losses, and gains (but not losses) realized on the sale of our ordinary shares cannot be treated
as capital gains, even though the U.S. Holder holds the ordinary shares as capital assets.

Certain
of the PFIC rules may impact U.S. Holders with respect to equity interests in subsidiaries and other entities which we may hold,
directly or indirectly, that are PFICs (collectively, “Lower-Tier PFICs”). There can be no assurance, however, that we
do not own, or will not in the future acquire, an interest in a subsidiary or other entity that is or would be treated as a
Lower-Tier PFIC. U.S. Holders should consult their own tax advisors regarding the application of the PFIC rules to any of our