NESS ZIONA, Is ael, Nov. 02, 2026 (GLOBE NEWSWIRE) — Fo esight Auto omous Holdi gs Ltd. (Nasdaq a d TASE: FRSX) (“Fo esight” o the “Compa y”), a i ovato i 3D pe ceptio systems, today issued a emi de , fu the to its a ou ceme t dated Septembe 30, 2026, ega di g the volu ta y delisti g of its o di a y sha es, o pa value pe sha e (the “O di a y Sha es”), f om t adi g o the Tel Aviv Stock Excha ge Ltd. (“TASE”). The Compa y e cou ages holde s of O di a y Sha es t aded o the TASE to co tact thei ba ks o b oke s to a a ge fo the co ve sio of thei O di a y Sha es i to Ame ica Deposita y Sha es (“ADSs”).
As p eviously a ou ced, the last day of t adi g of the O di a y Sha es o the TASE will be Ja ua y 1, 2027, a d the O di a y Sha es will be delisted f om the TASE o Ja ua y 4, 2027.
The Compa y’s ADSs, each cu e tly ep ese ti g i ety (90) O di a y Sha es, will co ti ue to be listed a d t ade o the Nasdaq Capital Ma ket (“Nasdaq”), u de the symbol “FRSX.” The volu ta y delisti g f om the TASE will ot affect the Compa y’s listi g o Nasdaq o its epo ti g obligatio s u de U.S. secu ities laws.
The Ba k of New Yo k Mello (“BNY”), the deposita y fo the Compa y’s ADS p og am, will waive its issua ce fees fo the co ve sio of O di a y Sha es i to ADSs th ough Ja ua y 7, 2027. Begi i g Ja ua y 8, 2027, BNY will cha ge issua ce fees of $5.00 pe 100 ADSs delive ed o a f actio the eof. The waive applies o ly to BNY’s issua ce fees; sha eholde s should co sult thei ba ks o b oke s ega di g a y othe applicable fees o cha ges.
A co ve sio guide p epa ed by BNY, i cludi g custodia details, equi ed delive y i st uctio s, issua ce fees a d settleme t p ocedu es, is available o the Compa y’s website at https://i .fo esightauto.com/wp-co te t/uploads/2026/11/Fo esight-Co ve sio -Guide-Sha es-to-ADSs.pdf.
Sha eholde s a e e cou aged to eview the guide a d co tact thei ba ks o b oke s p omptly to allow sufficie t time to complete the co ve sio a d be efit f om BNY’s fee waive .
To co ve t O di a y Sha es i to ADSs, sha eholde s should i st uct thei ba ks o b oke s to deposit the O di a y Sha es with o e of BNY’s Is aeli custodia s ide tified i the co ve sio guide a d p ovide complete delive y i st uctio s. Deposits must esult i the issua ce of whole ADSs; deposits esulti g i f actio al ADSs will be ejected by the custodia s.
Sha eholde s should co fi m i adva ce that thei eceivi g b oke is able to accept delive y of the ADSs th ough The Deposito y T ust Compa y (“DTC”). U less the Compa y makes special a a geme ts with BNY, delive ies afte Ja ua y 7, 2027, will be made o a delive y-ve sus-payme t basis fo the applicable issua ce fees. The eceivi g DTC b oke must accept delive y a d payme t of those fees fo settleme t to be completed.
About Fo esight
Fo esight Auto omous Holdi gs Ltd. (Nasdaq a d TASE: FRSX) is a tech ology compa y developi g adva ced th ee-dime sio al (3D) pe ceptio systems a d cellula -based applicatio s. Th ough its wholly ow ed subsidia ies, Fo esight Automotive Ltd., Fo esight Cha gzhou Automotive Ltd., a d Eye-Net Mobile Ltd., Fo esight develops both “i -li e-of-sight” visio systems a d “beyo d-li e-of-sight” accide t-p eve tio solutio s.
Fo esight’s 3D pe ceptio systems i clude modules of automatic calib atio a d de se 3D poi t cloud that ca be applied to diffe e t ma kets such as automotive, defe se, auto omous d ivi g, ag icultu e, heavy i dust ial equipme t, a d UAVs.
Eye-Net Mobile develops ext-ge e atio vehicle-to-eve ythi g collisio p eve tio solutio s a d sma t automotive systems to e ha ce oad safety a d situatio al awa e ess fo all oad use s i u ba mobility e vi o me ts. By leve agi g cutti g-edge a tificial i tellige ce tech ology, adva ced a alytics, a d existi g cellula etwo ks, Eye-Net’s i ovative solutio suite delive s eal-time p e-collisio ale ts to all oad use s via sma tpho es a d othe sma t devices withi vehicles.
Fo mo e i fo matio about Fo esight a d its wholly ow ed subsidia y, Fo esight Automotive, visit www.fo esightauto.com, follow @Fo esightAuto1 o X, o joi Fo esight Automotive o Li kedI .
Fo wa d-Looki g Stateme ts
This p ess elease co tai s fo wa d-looki g stateme ts withi the mea i g of the “safe ha bo ” p ovisio s of the P ivate Secu ities Litigatio Refo m Act of 1995 a d othe Fede al secu ities laws. Wo ds such as “aims,” “a ticipates,” “expects,” “i te ds,” “pla s,” “believes,” “seeks,” “estimates” a d simila exp essio s o va iatio s of such wo ds a e i te ded to ide tify fo wa d-looki g stateme ts. Fo example, Fo esight is usi g fo wa d-looki g stateme ts i this p ess elease whe it discusses the volu ta y delisti g f om the TASE, the last t adi g day a d delisti g date of the O di a y Sha es o the TASE, the co ti ued listi g a d t adi g of the ADSs o Nasdaq, a d the a ticipated a a geme ts fo co ve sio of O di a y Sha es i to ADSs, i cludi g BNY’s issua ce fee waive a d subseque t issua ce fees a d settleme t p ocedu es. Because such stateme ts deal with futu e eve ts a d a e based o Fo esight’s cu e t expectatio s, they a e subject to va ious isks a d u ce tai ties, a d actual esults, pe fo ma ce o achieveme ts of Fo esight could diffe mate ially f om those desc ibed i o implied by the stateme ts i this p ess elease.
The fo wa d-looki g stateme ts co tai ed o implied i this p ess elease a e subject to othe isks a d u ce tai ties, i cludi g those discussed u de the headi g “Risk Facto s” i Fo esight’s a ual epo t o Fo m 20-F fo the fiscal yea e ded Decembe 31, 2025, filed with the Secu ities a d Excha ge Commissio (“SEC”) o Ma ch 25, 2026, a d i a y subseque t fili gs with the SEC. Except as othe wise equi ed by law, Fo esight u de takes o obligatio to publicly elease a y evisio s to these fo wa d-looki g stateme ts to eflect eve ts o ci cumsta ces afte the date he eof o to eflect the occu e ce of u a ticipated eve ts. Refe e ces a d li ks to websites have bee p ovided as a co ve ie ce, a d the i fo matio co tai ed o such websites is ot i co po ated by efe e ce i to this p ess elease. Fo esight is ot espo sible fo the co te t of thi d pa ty websites.
I vesto Relatio s Co tact:Mi i Segal-Scha iaCEOMS-IR LLCmsegal@ms-i .com
