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Stock impact report

Foresight Autonomous Holdings Ltd. Announces Proposed Public Offering of American Depositary Shares

Foresight Autonomous Holdings Ltd. - American Depositary Shares (FRSX) 
US:NASDAQ Investor Relations: ir.foresightauto.com
Company Research Source: Business Wire
NESS ZIONA, Israel--(BUSINESS WIRE)-- Foresight Autonomous Holdings Ltd. (TASE/Nasdaq:FRSX) (the “Company”), an innovator in automotive vision systems, today announced that it intends to offer for sale its American Depositary Shares in an underwritten public offering. The Company intends to use the net proceeds from this offering for general corporate purposes. The offering is subject to market conditions, and there can be no assurance as to whether or when the offering may be completed, or as to the actual size or terms of the offering. A.G.P./Alliance Global Partners is acting as the sole book-running manager for the offering. Chardan is acting as lead manager. The Benchmark Company is acting as co-manager for the offering. This offering is being made pursuant to an effective shelf registration statement on Form F-3 (No. 333-229715) previously filed with the U.S. Securities and Exchange Commiss Show less Read more
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