Company: RGNT
Filing Date: 2025-05-19
Form Type: F-1/A
Source: 0001213900-25-045479
Chunk: 206

Company: REGENTIS BIOMATERIALS LTD.
Filing Date: 2025-05-19
Form: F-1/A
Chunk 206
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 approve a proposed merger.
Following the approval of the board of directors of each of the merging companies, the boards of directors must jointly prepare a merger
proposal for submission to the Israeli Registrar of Companies.

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For purposes of the shareholder
vote, unless a court rules otherwise, the merger will not be deemed approved if a majority of the shares represented at the shareholders
meeting that are held by parties other than the other party to the merger, or by any person (or group of persons acting in concert) who
holds 25% or more of the outstanding shares or the right to appoint 25% or more of the directors of the other party, vote against the
merger. In addition, if the non-surviving entity of the merger has more than one class of shares, the merger must be approved by each
class of shareholders. If the transaction would have been approved but for the separate approval of each class or the exclusion of the
votes of certain shareholders as provided above, a court may still approve the merger upon the request of holders of at least 25% of the
voting rights of a company, if the court holds that the merger is fair and reasonable, taking into account the value of the parties to
the merger and the consideration offered to the shareholders. Pursuant to the Companies Law, if a merger is with a company’s controlling
shareholder or if the controlling shareholder has a personal interest in the merger, then the merger is instead subject to the same special
majority approval that governs all extraordinary transactions with controlling shareholders (as described above under “Board Practices
— Fiduciary duties and approval of specified related party transactions under Israeli law.”).

Under the Companies Law, each
merging company must send a copy of the proposed merger plan to its secured creditors. Unsecured creditors are entitled to receive notice
of the merger pursuant to regulations promulgated under the Companies Law. Upon the request of a creditor of either party to the proposed
merger, the court may delay or prevent the merger if it concludes that there exists a reasonable concern that, as a result of the merger,
the surviving company will be unable to satisfy the obligations the target company. The court may further give instructions to secure
the rights of creditors.

In addition, a merger may
not be completed unless at least 50 days have passed from the date that a proposal for approval of the merger was filed with the Israeli
Registrar of Companies and 30 days from the date