Company: RGNT
Filing Date: 2025-05-19
Form Type: F-1/A
Source: 0001213900-25-045479
Chunk: 204

Company: REGENTIS BIOMATERIALS LTD.
Filing Date: 2025-05-19
Form: F-1/A
Chunk 204
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 offer if as a result of the acquisition
the purchaser would become a holder of at least 25% of the voting rights in the company. This rule does not apply if there is already
another holder of at least 25% of the voting rights in the company. Similarly, the Companies Law provides that an acquisition of shares
in a public company must be made by means of a tender offer if as a result of the acquisition the purchaser would become a holder of more
than 45% of the voting rights in the company, if there is no other shareholder of the company who holds more than 45% of the voting rights
in the company.

These requirements do not
apply if the acquisition (i) occurs in the context of a private placement, provided that the general meeting approved the acquisition
as a private offering whose purpose is to give the acquirer at least 25% of the voting rights in the company if there is no person who
holds at least 25% of the voting rights in the company, or as a private offering whose purpose is to give the acquirer 45% of the voting
rights in the company, if there is no person who holds 45% of the voting rights in the company, (ii) was from a shareholder holding at
least 25% of the voting rights in the company and resulted in the acquirer becoming a holder of at least 25% of the voting rights in the
company, or (iii) was from a holder of more than 45% of the voting rights in the company and resulted in the acquirer becoming a holder
of more than 45% of the voting rights in the company.

The special tender offer may
be consummated only if (i) at least 5% of the voting power attached to the company’s outstanding shares will be acquired by the
offeror and (ii) the special tender offer is accepted by a majority of the votes of those offerees who gave notice of their position in
respect of the offer, excluding the votes of a holder of control in the offeror, a person who has personal interest in acceptance of the
special tender offer, holders of 25% or more of the voting rights in the company or anyone on their behalf, including their relatives
and entities controlled by them.

In the event that a special
tender offer is made, a company’s board of directors is required to express its opinion on the advisability of the offer, or shall
abstain from