Foresight Autonomous (FRSX) announced that it plans to change the ratio of its American depositary shares to its ordinary shares, no par value per share, from the current ADS Ratio of one ADS to thirty ordinary shares, to a new ADS ratio of one ADS to ninety 90 ordinary shares. The company anticipates that the ADS Ratio Change will be effective February 26.
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on FRSX:
- Foresight’s Eye-Net Logs Strong Collision-Prevention Trial Results in Bordeaux with Renault and Orange
- Foresight Autonomous discloses public transportation milestone in France
- Foresight Autonomous says Eye-Net, SoftBank advance V2X collaboration
- Foresight’s Eye-Net Deepens V2X Safety Collaboration with SoftBank in Japan
- Foresight’s Eye-Net, SoftBank advance collaboration in Japan