Foresight to change ADS ratio to 1-for-3 effective February 26
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Foresight Autonomous Holdings (FRSX) will change its American Depositary Shares (ADS) ratio from 1 ADS for 30 ordinary shares to 1 ADS for 90 ordinary shares, effective February 26, 2026. Holders will receive one new ADS for every three existing ADSs. The ordinary shares remain unaffected, and ADSs will continue trading on Nasdaq under the symbol "FRSX". This change aims to increase the ADS trading price and ensure compliance with Nasdaq listing requirements. FRSX shares fell 4.08% after hours to $0.8057.
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