Company: RGNT
Filing Date: 2025-01-24
Form Type: DRS
Source: 0001213900-25-006245
Chunk: 219

Company: REGENTIS BIOMATERIALS LTD.
Filing Date: 2025-01-24
Form: DRS
Chunk 219
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. Holder or withheld from a U.S. Holder that year. A foreign tax credit for foreign taxes imposed on distributions may be
denied if holders do not satisfy certain minimum holding period requirements. Dividends paid with respect to our Ordinary Shares will
be treated as foreign source income, which may be relevant in calculating the holder’s foreign tax credit limitation. The limitation
on foreign taxes eligible for credit is calculated separately with respect to specific classes of income. For this purpose, dividends
that we distribute generally should constitute “passive category income,” or, in the case of certain U.S. Holders, “general
category income.” The rules relating to the determination of the foreign tax credit are complex, and U.S. Holders should consult
their tax advisor to determine whether and to what extent such holder will be entitled to this credit.

Taxation of the Disposition of Equity Securities

Except as provided under
the PFIC rules described below under “Passive Foreign Investment Companies,” upon the sale, exchange or other disposition
of our Equity Securities, a U.S. Holder will recognize capital gain or loss in an amount equal to the difference between such U.S. Holder’s
tax basis for the Equity Securities in U.S. dollars and the amount realized on the disposition in U.S. dollar (or its U.S. dollar equivalent
determined by reference to the spot rate of exchange on the date of disposition, if the amount realized is denominated in a foreign currency).
The gain or loss realized on the sale, exchange or other disposition of Equity Securities will be long-term capital gain or loss if the
U.S. Holder has a holding period of more than one year at the time of the disposition. Individuals who recognize long-term capital gains
may be taxed on such gains at reduced rates of tax. The deduction of capital losses is subject to various limitations. U.S. Holders should
consult their own tax advisors regarding the U.S. federal income tax consequences of receiving currency other than U.S. dollars upon
the disposition of our Equity Securities.

Passive Foreign Investment Companies

Special U.S. federal income
tax laws apply to U.S. taxpayers who own shares of a corporation that is a PFIC. We will be treated as a PFIC for U.S. federal income
tax purposes for any taxable year that either:

| ● | 75%                                                                                                                                 
 or more of our gross income (including our pro rata share of gross income for any company, in which we are considered to own 25%