Company: DRTSW
Filing Date: 2025-04-28
Form Type: 424B5
Source: 0001213900-25-035799
Chunk: 22

Company: Alpha Tau Medical Ltd.
Filing Date: 2025-04-28
Form: 424B5
Chunk 22
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 the use of the net proceeds from this offering and investors will be relying on the judgment
of our management regarding the application of the proceeds from this offering.

Pending the use of net proceeds
as set forth above, we intend to invest the net proceeds in a variety of capital preservation instruments, including short-term, interest-bearing
obligations, investment-grade instruments, certificates of deposit or direct or guaranteed obligations of the United States government.

<div align='center'>S-12

CAPITALIZATION</div>

The table below sets forth our cash and cash equivalents and capitalization
as of December 31, 2024:

| ● | on an actual basis; and |

| ● | on an as adjusted basis to reflect                                                                                                      
 the issuance and sale of the ordinary shares pursuant to this prospectus supplement at the offering price of $2.612 per ordinary share, 
 after deducting estimated offering expenses payable by us.                                                                              |

Investors should read this table in conjunction with our audited and
unaudited financial statements and notes thereto incorporated by reference herein as well as “Use of Proceeds” included
elsewhere in this prospectus supplement and Item 5. “Operating and Financial Review and Prospects” in our Annual Report.

|                                                                                                                                                                                                        |     | As of December 31, 2024                        |          |   |     |             |          |   |
|:-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|:----|:-----------------------------------------------|---------:|:--|:----|:------------|---------:|:--|
|                                                                                                                                                                                                        |     | Actual                                         |          |   |     | As adjusted |          |   |
|                                                                                                                                                                                                        |     | -in thousands, except share and per share data |          |   |     |             |          |   |
| Cash and cash equivalents                                                                                                                                                                              |     | $                                              |   13,724 |   |     | $           |   50,459 |   |
| Debt:                                                                                                                                                                                                  |     |                                                |          |   |     |             |          |   |
| Long-term loan                                                                                                                                                                                         |     | $                                              |    5,561 |   |     | $           |    5,561 |   |
| Warrants liability                                                                                                                                                                                     |     |                                                |    3,338 |   |     |             |    3,338 |   |
| Operating lease liabilities                                                                                                                                                                            |     |                                                |    5,964 |   |     |             |    5,