Company: RGNT
Filing Date: 2025-10-24
Form Type: F-1/A
Source: 0001213900-25-101900
Chunk: 259

Company: REGENTIS BIOMATERIALS LTD.
Filing Date: 2025-10-24
Form: F-1/A
Chunk 259
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 for fiscal years beginning after December 15, 2023, including interim periods within those fiscal years. There was no impact
on the Company’s financial statements as a result of adopting ASU 2020-06.

In November 2023, the FASB issued ASU
2023-07, Segment Reporting (Topic 280): Improvements to Reportable Segment Disclosures to improve reportable segment disclosure requirements
through enhanced disclosures about significant segment expenses on an interim and annual basis. All disclosure requirements of ASU 2023-07
are required for entities with a single reportable segment. ASU 2023-07 is effective starting January 1, 2024 and should be applied on
a retrospective basis to all periods presented. The Company has adopted this standard for the 2024 fiscal year financial statements and
interim financial statements thereafter and has applied this standard retrospectively for all prior periods presented in the financial
statements (see Note 13 – Segment Reporting for further information).

| o. | Accounting pronouncement not yet adopted |

As an “emerging growth company”,
the Jumpstart Our Business Startups Act (“JOBS Act”) allows the Company to delay adoption of new or revised accounting pronouncements
applicable to public companies until such pronouncements are made applicable to private companies. The Company has elected to use this
extended transition period under the JOBS Act. The adoption dates discussed below reflect this election.

<div align='center'>F-13</div>

REGENTIS BIOMATERIALS LTD.

NOTES TO FINANCIAL STATEMENTS

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

| NOTE 2:- | SIGNIFICANT ACCOUNTING POLICIES (Cont.) |

In December 2023, the FASB issued ASU
No. 2023-09, Income Tax (Topic 740): Improvements to Income Tax Disclosures, which amended disclosure requirements for income
taxes. The primary changes from this update relate to improvements over income tax disclosures related to the rate reconciliation, income
taxes paid and other disclosures. The amendments in this update are effective for annual reporting periods beginning after December 15,
2025, with early adoption permitted. The Company is currently evaluating the effect of adopting the ASU on its disclosures.

In November 2024, the Financial Account
Standards Board (FASB), issued Accounting Standards Update (ASU) 2024-03, Income Statement—Reporting Comprehensive Income—Expense