Foresight Autonomous Holdings Ltd. 6-K Analysis & Summary – 2/21/2025

⚠️This is not investment advice.

⚠️ This is an experimental project and this report is for informational purposes only and should not be considered investment advice. Conduct your own thorough research and consult with a qualified financial advisor before making any investment decisions. ⚠️

Filing date:

02/21/2025


TLDR:

Foresight Autonomous Holdings Ltd. increased the maximum aggregate offering price of American Depositary Shares under its Sales Agreement from $7,000,000 to $11,400,000.

ELI5:

Foresight, a company that makes autonomous vehicle technology, is selling more of its stock (ADSs) to raise more money, increasing the offering from $7 million to $11.4 million.


Accession #:

0001493152-25-007869

Published on

Analyst Summary

  • Foresight Autonomous Holdings Ltd. increased the maximum aggregate offering price of ADSs to $11,400,000.
  • The offering is made under a Sales Agreement with A.G.P./Alliance Global Partners.
  • Lipa Meir & Co. provided an opinion on the legality of the ADSs issuance and sale.

⚠️ This is an experimental project and this report is for informational purposes only and should not be considered investment advice. Conduct your own thorough research and consult with a qualified financial advisor before making any investment decisions. ⚠️