Foresight Announced ADS Ratio Change

Core Viewpoint - Foresight Autonomous Holdings Ltd. plans to change the ratio of its American Depositary Shares (ADSs) from one ADS for thirty Ordinary Shares to one ADS for ninety Ordinary Shares, effective February 26, 2026 [1][2]. Group 1: ADS Ratio Change Details - The ADS Ratio Change will not affect the Company's Ordinary Shares [2]. - ADS holders will need to surrender their existing ADSs to receive one new ADS for every three existing ADSs [2][4]. - The ADSs will continue to trade on Nasdaq under the symbol "FRSX" with a new CUSIP Number after the change [3]. Group 2: Impact on Shareholders - The ADS Ratio Change will not impact any shareholder's percentage ownership or voting power [4]. - No fractional new ADSs will be issued; instead, fractional entitlements will be aggregated and sold, with net cash proceeds distributed to ADS holders [4]. Group 3: Price Expectations and Compliance - The Company anticipates that the ADS price will increase proportionally due to the ADS Ratio Change, although no assurance can be given regarding the actual price post-change [5]. - The change is intended to help maintain compliance with Nasdaq listing requirements, but the Company cannot guarantee this outcome [5]. Group 4: Company Overview - Foresight Autonomous Holdings Ltd. is focused on developing advanced three-dimensional perception and cellular-based applications through its subsidiaries [6]. - The Company's technology includes automatic calibration and dense 3D point cloud systems applicable in various markets such as automotive and defense [7].