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Foresight Autonomous Announces Reverse Share Split to Maintain Nasdaq Compliance

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Foresight Autonomous Announces Reverse Share Split to Maintain Nasdaq Compliance

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Foresight Autonomous Holdings ( (FRSX) ) has issued an announcement.

On August 15, 2025, Foresight Autonomous Holdings Ltd. announced its plan to execute a reverse share split of its outstanding ordinary shares at a ratio of 1-for-7. This move, set to take effect on August 24, 2025, on the Tel-Aviv Stock Exchange and on August 25, 2025, on the Nasdaq Capital Market, aims to help the company maintain compliance with Nasdaq listing requirements. The reverse share split will not affect shareholders’ percentage ownership or voting power, but it is expected to proportionally increase the American Depositary Shares (ADS) price. However, the company cannot guarantee that the ADS price will meet or exceed the proportional increase.

Spark’s Take on FRSX Stock

According to Spark, TipRanks’ AI Analyst, FRSX is a Neutral.

Foresight Autonomous Holdings is struggling with poor financial performance and negative technical indicators. The lack of profitability, combined with weak technical trends and unattractive valuation metrics, results in a low stock score. Addressing financial inefficiencies and improving market sentiment will be critical for future improvement.

To see Spark’s full report on FRSX stock, click here.

More about Foresight Autonomous Holdings

Foresight Autonomous Holdings Ltd. is a technology company specializing in the development of advanced 3D perception systems and cellular-based applications. Through its subsidiaries, Foresight Automotive Ltd., Foresight Changzhou Automotive Ltd., and Eye-Net Mobile Ltd., the company offers both ‘in-line-of-sight’ vision systems and ‘beyond-line-of-sight’ accident-prevention solutions. Its products cater to various markets, including automotive, defense, autonomous driving, agriculture, heavy industrial equipment, and unmanned aerial vehicles. Eye-Net Mobile focuses on vehicle-to-everything (V2X) collision prevention solutions to enhance road safety using AI technology and cellular networks.

Average Trading Volume: 554,442

Technical Sentiment Signal: Sell

Current Market Cap: $11.71M

Learn more about FRSX stock on TipRanks’ Stock Analysis page.

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