Ness Ziona, Israel, Aug. 15, 2025 (GLOBE NEWSWIRE) -- Foresight Autonomous Holdings Ltd. (Nasdaq and TASE: FRSX) (“Foresight” or the “Company”), an innovator in 3D perception systems, announced today that it plans to conduct a reverse share split of the Company’s outstanding ordinary shares, no par value per share, at a ratio of 1-for-7 which is expected to be implemented at market open on the Tel-Aviv Stock Exchange on August 24, 2025 and on the Nasdaq Capital Market on August 25, 2025.
Related Questions
What is the expected effect of the 1‑for‑7 reverse split on FRSX's share price and liquidity in the short term?
What are the primary reasons the company is pursuing a reverse split—e.g., low share price, marketability, compliance with listing requirements?
How will the reverse split affect the number of shares outstanding and the company’s market capitalization?
Will the reverse split impact existing shareholders' ownership percentage or voting rights in any way?
What is the anticipated timing of the split and will there be any trading halts or disruptions on the Tel Aviv and Nasdaq exchanges?
How will the split affect the stock’s price per share relative to key technical support/resistance levels and any pending stop‑loss orders?
What are the tax implications for shareholders, particularly regarding potential capital gains or losses?
Will the reverse split be accompanied by any secondary offerings, share buybacks, or other capital‑raising activities?
How does FRSX’s valuation after the split compare to its peer group and the broader market?
What are the implications for the company’s ability to meet Nasdaq or TASE listing requirements after the split?
Will the reverse split affect any existing warrants, options, or convertible securities?
How might the reverse split influence analyst coverage, rating changes, or future earnings expectations?
What is the historical performance of FRSX and similar companies after a reverse split?
Are there any anticipated changes in institutional ownership or analyst coverage due to the split?
What is the market’s sentiment and volume expectations around the split dates (August 24–25, 2025) and how might that affect trading strategies?