What is the anticipated timing of the split and will there be any trading halts or disruptions on the Tel Aviv and Nasdaq exchanges?
Timing of the reverse split
- TelâAviv Stock Exchange (TASE): The 1âforâ7 reverse split will be executed at the market open on TuesdayâŻ24âŻAugustâŻ2025.
- Nasdaq Capital Market: The same split will be carried out at the market open on WednesdayâŻ25âŻAugustâŻ2025.
Expected trading impact / halts
Both exchanges normally pause trading for a few minutes at the opening bell to adjust the shareâcount, update the ticker, and reâprice the postâsplit shares. The announcements do not indicate any extended suspension, so investors should expect only a brief, routine openingâsession halt (typically 5â15âŻminutes) on each date. There is no indication of broader disruptions such as a fullâday halt or a trading suspension.
Actionable takeâaways
- Positioning before the split: Anticipate a modest liquidity squeeze as the share price will be multiplied roughlyâŻ7âfold and the float will shrink. The preâsplit price will likely trade in a tighter range, while the postâsplit price may see a shortâterm bounce as the market digests the new price level.
- Order management: If you hold FRSX, ensure all orders are cleared or converted to the new share class before the open. For new entries, consider placing a limit order a few minutes after the expected openingâsession halt to avoid the volatility spike that often accompanies reverse splits.
- Risk control: The reverse split is a purely mechanical move; it does not change the companyâs fundamentals. Keep your stopâloss and positionâsize rules based on the postâsplit price, and monitor the first 30âŻminutes of trading on each exchange for any abnormal price swings.
In short, the split will occur at the open of each market on the dates specified, with only a brief, standard openingâsession halt and no extended trading disruptions. Adjust your order flow and risk parameters accordingly to capture the shortâterm volatility while staying aligned with the underlying fundamentals of Foresight Autonomous Holdings.