Company: RGNT
Filing Date: 2025-03-11
Form Type: F-1
Source: 0001213900-25-022350
Chunk: 280

Company: REGENTIS BIOMATERIALS LTD.
Filing Date: 2025-03-11
Form: F-1
Chunk 280
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 of significant unobservable
inputs (Level 3 inputs) used in measuring the fair value of 2020 Notes outstanding are as follows:

|                  |     |   | December 31, 
         2023 |   |     |   | December 31, 
         2022 |   |
|:-----------------|:----|:--|-------------:|:--|:----|:--|-------------:|:--|
| Principal amount |     | $ |          900 |   |     | $ |          900 |   |
| Discount rate    |     |   |         30.0 | % |     |   |         30.0 | % |
| Term (years)     |     |   |         0.25 |   |     |   |          0.5 |   |
| Fair value       |     | $ |        7,405 |   |     | $ |        5,454 |   |

The Company has performed a sensitivity
analysis of the 2020 Notes which are classified as level 3 financial instruments in the fair value hierarchy. The Company recalculated
the fair value of the 2020 Notes by applying a +/- 5.0% changes to the discount rate used in PWERM. As of December 31, 2023, a 5.0% decrease
in discount rate would increase the fair value of the 2020 Notes to $7,479; a 5.0% increase in discount rate would decrease the fair
value of the 2020 Notes to $7,334.

| b. | In September 2021, the                                                                                                        
 Company entered into various Convertible Loan Agreements (the “2021 CLA”) for a total consideration of $835 thousand          
 (the “2021 Notes”). Unless previously converted or repaid, the 2021 Notes shall mature and become payable 18 months following 
 September 2021 (the “Maturity Date”).                                                                                         |

The 2021 Notes bear no interest until
June 30, 2022. After June 30, 2022 and until the earlier of (a) conversion of the 2021 Notes, or (b) the Maturity Date, the 2021 Notes
shall bear annual interest at a rate of 4.0%, with such interest added to the principal amount of the 2021 Notes and either converted
into securities of the Company upon an IPO or