Edition:
United States

Foresight Autonomous Holdings Ltd (FRSX.OQ)

FRSX.OQ on NASDAQ Stock Exchange Capital Market

2.12USD
7 Dec 2018
Change (% chg)

$-0.10 (-4.50%)
Prev Close
$2.22
Open
$2.24
Day's High
$2.24
Day's Low
$2.12
Volume
8,868
Avg. Vol
3,860
52-wk High
$7.30
52-wk Low
$2.02

Latest Key Developments (Source: Significant Developments)

Foresight Increases Stake In Railvision
Monday, 5 Nov 2018 02:00am EST 

Nov 5 (Reuters) - Foresight Autonomous Holdings Ltd ::FORESIGHT INCREASES STAKE IN RAILVISION FOLLOWING SUCCESSFUL TECHNOLOGICAL AND COMMERCIAL DEVELOPMENTS.FORESIGHT AUTONOMOUS -INCREASED STAKE IN RAILVISION BY EXERCISING WARRANTS INTO 2,704 OF RAILVISION'S ORDINARY SHARES FOR AN AGGREGATE OF $0.6 MILLION.FORESIGHT AUTONOMOUS - FOLLOWING EXERCISE, CO HOLDS 36.33% OF ISSUED AND OUTSTANDING SHARE CAPITAL OF RAILVISION AND 33.78% ON A FULLY DILUTED BASIS.  Full Article

Foresight Signs Agreement To Merge Eye-Net Activities With Tamda
Wednesday, 9 May 2018 01:45am EDT 

May 9 (Reuters) - Foresight Autonomous Holdings Ltd ::PRESS RELEASE - FORESIGHT SIGNS AN AGREEMENT TO MERGE ITS EYE-NET™ ACTIVITIES WITH TAMDA.FORESIGHT AUTONOMOUS HOLDINGS-WILL TRANSFER 100% OF SHARE CAPITAL OF SUBSIDIARY TO TAMDA IN RETURN FOR APPROXIMATELY 74.49% OF TAMDA'S SHARE CAPITAL.FORESIGHT AUTONOMOUS HOLDINGS - TAMDA WILL HAVE NO ASSETS, LIABILITIES OR OBLIGATIONS OF ANY KIND AND WILL HAVE NET CASH OF NIS 2,000,000 UPON CLOSING.FORESIGHT AUTONOMOUS - WILL SPIN OFF ITS ACTIVITIES DEDICATED TO DEVELOPMENT OF ITS EYE-NET(TM) ACCIDENT PREVENTION SYSTEM INTO ITS UNIT.FORESIGHT AUTONOMOUS HOLDINGS LTD - HAS SIGNED A MERGER AGREEMENT WITH TAMDA LTD AND ITS CONTROLLING SHAREHOLDER, IPAX ISSUES LTD.FORESIGHT- CO WILL ESTABLISH WHOLLY-OWNED SUBSIDIARY, TRANSFER TO SUBSIDIARY ALL OF CO’S RIGHTS, INCLUDING INTELLECTUAL PROPERTY, FOR NO CONSIDERATION.FORESIGHT AUTONOMOUS HOLDINGS-CO WILL SPIN OFF ACTIVITIES DEDICATED TO DEVELOPMENT OF EYE-NET ACCIDENT PREVENTION SYSTEM INTO UNIT, THEN MERGE INTO TAMDA.  Full Article

Foresight Autonomous Enters Into Memorandum Of Understandings
Tuesday, 6 Mar 2018 05:18pm EST 

March 6 (Reuters) - Foresight Autonomous Holdings Ltd ::FORESIGHT AUTONOMOUS HOLDINGS LTD - CO ENTERED INTO MEMORANDUM OF UNDERSTANDINGS WITH TAMDA LTD AND TAMDA’S CONTROLLING SHAREHOLDERS - SEC FILING‍​.FORESIGHT AUTONOMOUS-PARTIES AGREED TO PROCEED TRANSACTION TO SPIN OFF CO’S ACTIVITIES DEDICATED TO DEVELOPMENT OF EYE-NETTM ACCIDENT PREVENTION SYSTEM.  Full Article

‍Foresight increases stake in Rail Vision following successful trial in Europe​
Wednesday, 10 Jan 2018 01:45am EST 

Jan 10 (Reuters) - Foresight Autonomous Holdings Ltd ::‍FORESIGHT INCREASES STAKE IN RAIL VISION FOLLOWING SUCCESSFUL TRIAL IN EUROPE​.FORESIGHT AUTONOMOUS HOLDINGS- ‍HAS INCREASED STAKE IN RAIL VISION BY EXERCISING WARRANTS INTO 11,486 OF RAIL VISION'S SHARES FOR AGGREGATE OF $2.24 MILLION​.‍FOLLOWING EXERCISE, FORESIGHT HOLDS 32.62% OF ISSUED AND OUTSTANDING SHARE CAPITAL OF RAIL VISION​.  Full Article