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Foresight Autonomous Holdings Prices $26 Million Registered Direct Offering
December 28, 2020 GMT
NESS ZIONA, Israel (BUSINESS WIRE) Dec 28, 2020
Foresight Autonomous Holdings Ltd. (Nasdaq and TASE: FRSX) (“Foresight” or the “Company”), today announced it has entered into definitive agreements with investors for the purchase and sale of 6,265,063 of the Company’s American Depositary Shares (“ADSs”) at a price of $4.15 per ADS pursuant to a registered direct offering. The gross proceeds of the offering will be approximately $26 million, before deducting placement agent fees and other estimated offering expenses. The Company intends to use the net proceeds for working capital and for other general corporate purposes. The closing of the registered direct offering is expected to take place on or about December 30, 2020, subject to the satisfaction of customary closing conditio
Foresight Partners with University of Michigan s TechLab at Mcity to Enhance Vision Systems for Autonomous Vehicles - Press Release
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Foresight Partners with University of Michigan s TechLab at Mcity to Enhance Vision Systems for Autonomous Vehicles
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