Company: RGNT
Filing Date: 2025-05-05
Form Type: F-1/A
Source: 0001213900-25-039589
Chunk: 224

Company: REGENTIS BIOMATERIALS LTD.
Filing Date: 2025-05-05
Form: F-1/A
Chunk 224
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 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% or more of the shares by value), in a taxable year is passive; or                                                                                                |
| ● | At least 50% of our assets, averaged over the year and generally determined based upon fair market value (including our pro rata share of the assets of any company in which we are considered to own 25% or more of the shares by value) are held for the production of, or produce, passive income. |

For this purpose, passive
income generally consists of dividends, interest, rents, royalties, annuities, gains from the disposition of passive assets, and income
from certain commodities transactions and from notional principal contracts. Cash is treated as generating passive income.

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We may be a PFIC for 2024
and in the future, although there can be no assurance in this regard. The tests for determining PFIC status are applied annually, and
it is difficult to make accurate projections of future income and assets which are relevant to this determination. In addition, our PFIC
status may depend in part on the market value of our Ordinary Shares. Accordingly, there can be no assurance that we currently are not
or will not become a PFIC.

If we currently are or become
a PFIC, each U.S. Holder who has not elected to mark the shares to market (as discussed below), would, upon receipt of certain distributions
by us and upon disposition of our Ordinary Shares at a gain: (1) have such distribution or gain allocated ratably over the U.S. Holder’s
holding period for the