Company: RGNT
Filing Date: 2025-07-07
Form Type: F-1/A
Source: 0001213900-25-061821
Chunk: 210

Company: REGENTIS BIOMATERIALS LTD.
Filing Date: 2025-07-07
Form: F-1/A
Chunk 210
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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 2017 Amendment. The 2011 Amendment introduced new benefits to replace
those granted in accordance with the provisions of the Investment Law in effect prior to the 2011 Amendment. The 2017 Amendment introduces
new benefits for Technological Enterprises, alongside the existing tax benefits.

Tax Benefits under the 2011 Amendment

The 2011 Amendment canceled
the availability of the benefits granted to Industrial Companies under the Investment Law prior to 2011 and