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0.114761793006337 0.103027458343112 0.114761793006337 0.138230462332786 0.14996479699601 0.161699131659235 0.161699131659235 0.167566298990847
Stock impact report

Foresight Receives $1 Million Investment from RH Electronics at $4.08 per ADS

Foresight Autonomous Holdings Ltd. - American Depositary Shares (FRSX) 
US:NASDAQ Investor Relations: ir.foresightauto.com
Company Research Source: Business Wire
The two companies also signed binding agreements for a strategic alliance to develop FPGA- and ASIC-based solutions for Foresight’s QuadSight™ four-camera vision system NESS ZIONA, Israel--(BUSINESS WIRE)-- Foresight Autonomous Holdings Ltd. (Nasdaq and TASE: FRSX), an innovator in automotive vision systems, announced today that it entered into a development services agreement, a binding memorandum of understanding (MOU) for manufacturing and engineering consulting services, and an investment agreement with RH Electronics Ltd. According to the agreement, RH, a primary contractor in the manufacturing and assembly of electronic systems, will invest in Foresight, while Foresight will retain RH’s services for a multi-phase project to develop FPGA and ASIC solutions for Foresight’s QuadSight™ vision system. Under the investment agreement, RH will purchase approximately 1% of Foresight’s issued and out Show less Read more
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