Company: RGNT
Filing Date: 2025-10-24
Form Type: F-1/A
Source: 0001213900-25-101900
Chunk: 222

Company: REGENTIS BIOMATERIALS LTD.
Filing Date: 2025-10-24
Form: F-1/A
Chunk 222
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 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 Ordinary Shares, as the case may be; (2) the amount allocated to the current taxable year and any period prior
to the first day of the first taxable year in which we were a PFIC would be taxed as ordinary income; and (3) the amount allocated to
each of the other taxable years would be subject to tax at the highest rate of tax in effect for the applicable class of taxpayer for
that year, and an interest charge for the deemed deferral benefit would be imposed with respect to the resulting tax attributable to
each such other taxable