Company: RGNT
Filing Date: 2025-03-11
Form Type: F-1
Source: 0001213900-25-022350
Chunk: 218

Company: REGENTIS BIOMATERIALS LTD.
Filing Date: 2025-03-11
Form: F-1
Chunk 218
---
 the event that we do pay dividends, and subject to the discussion under the heading “Passive Foreign
Investment Companies” below and the discussion of “qualified dividend income” below, a U.S. Holder, other than certain
U.S. Holders that are U.S. corporations, will be required to include in gross income as ordinary income the amount of any distribution
paid on Ordinary Shares (including the amount of any Israeli tax withheld on the date of the distribution), to the extent that such distribution
does not exceed our current and accumulated earnings and profits, as determined for U.S. federal income tax purposes. The amount of a
distribution which exceeds our earnings and profits will be treated first as a non-taxable return of capital, reducing the U.S. Holder’s
tax basis for the Ordinary Shares to the extent thereof, and then capital gain. We do not expect to maintain calculations of our earnings
and profits under U.S. federal income tax principles and, therefore, U.S. Holders should expect that the entire amount of any distribution
generally will be reported as dividend income.

In general, preferential
tax rates for “qualified dividend income” and long-term capital gains are applicable for U.S. Holders that are individuals,
estates or trusts. For this purpose, “qualified dividend income” means, inter alia, dividends received from a “qualified
foreign corporation.” A “qualified foreign corporation” is a corporation that is entitled to the benefits of a comprehensive
tax treaty with the United States which includes an exchange of information program. The IRS has stated that the United States-Israel
Income Tax Treaty satisfies this requirement and we believe we are eligible for the benefits of that treaty.

<div align='center'>132</div>

In addition, our dividends
will be qualified dividend income if our Ordinary Shares are readily tradable on the Nasdaq Capital Market or another established securities
market in the United States. Dividends will not qualify for the preferential rate if we are treated, in the year the dividend is paid
or in the prior year, as a PFIC, as described below under “Passive Foreign Investment Companies.” A U.S. Holder will not
be entitled to the preferential rate: (1) if the U.S. Holder has not held our Ordinary Shares for at least 61 days of the 121 day period
beginning on the date which is 60 days before the ex-dividend date, or (2) to the extent the U.S. Holder is under