Foresight Announces Voluntary Delisting from the Tel Aviv Stock Exchange; ADSs to Continue Trading on Nasdaq
Foresight Autonomous Holdings will voluntarily delist its ordinary shares from the Tel Aviv Stock Exchange, with the last TASE trading day on January 1, 2027 and delisting effective January 4, 2027. The company's ADSs, each representing 90 ordinary shares, will continue trading on Nasdaq under the symbol FRSX, and SEC reporting obligations are unchanged. CEO Haim Siboni framed the move as a cost-reduction step consistent with the company's strategy, including recently announced plans to enter the European data-center development market.
Key figures
- Ads Ratio
- each ADS represents 90 Ordinary Shares
- Tase Delisting Date
- January 4, 2027
- Last Tase Trading Day
- January 1, 2027
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