Company: RGNT
Filing Date: 2025-03-11
Form Type: F-1
Source: 0001213900-25-022350
Chunk: 283

Company: REGENTIS BIOMATERIALS LTD.
Filing Date: 2025-03-11
Form: F-1
Chunk 283
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the “AOA”).                                                                                                        |

A Deemed Liquidation Event, as defined
in Company’s AOA, includes change of control event in which shareholders of the Company, immediately prior to the event, hold less
than 50% of the voting power in the Company (or the surviving entity) after the event, as well as an event in which the Company sells
substantially all of its assets. In the occurrence of a Deemed Liquidation Event, all of the Company’s assets legally available
for distribution among the shareholders of the Company would be distributed in accordance with the preference described
above. A Liquidation Event, as defined in Company’s AOA, includes any dissolution, winding-up or liquidation of the Company, and
any foreclosure by creditors of the Company on substantially all assets of, or equity interests in the Company, all whether voluntarily
or involuntarily.

The exercise price of each warrant is
$38.01.

The warrants represent a freestanding
instrument accounted for at fair value and re-measured at each reporting date. The Company estimates the fair value of the warrant using
PWERM. For the years ended December 31, 2023 and 2022, the Company recorded an income of $57 and $370, respectively for the revaluation
of such warrants, within financial expense, net in the statements of comprehensive loss. A summary of significant unobservable inputs
(Level 3 inputs) used in measuring the fair value of the warrants issued are as follows:

|                    |     |   | December 31, 
         2023 |   |     |   | December 31, 
         2022 |   |
|:-------------------|:----|:--|-------------:|:--|:----|:--|-------------:|:--|
| Number of warrants |     |   |       66,946 |   |     |   |       66,946 |   |
| Discount rate      |     |   |         30.0 | % |     |   |         30.0 | % |
| Term (years)       |     |   |         0.25 |   |     |   |          0.5 |   |
| Fair value         |     | $ |          221 |   |     | $ |          278 |   |

The following table presents changes
in the fair value of the warrant liability:

| Balance as of January 1, 202