Foresight Regains Compliance with Nasdaq Minimum Bid Price Rule

Rhea-AI Summary

Foresight Autonomous Holdings (NASDAQ: FRSX), a developer of 3D perception systems, has announced regaining compliance with Nasdaq's minimum bid price requirement. The company's American Depositary Shares (ADSs) maintained a closing bid price of $1.00 or higher for 10 consecutive trading days from August 25 through September 8, 2025, successfully addressing the non-compliance notice received on March 24, 2025.

Foresight develops "in-line-of-sight" vision systems and "beyond-line-of-sight" accident-prevention solutions through its subsidiaries. The company's technology portfolio includes 3D perception systems with automatic calibration for automotive, defense, autonomous driving, and UAV applications, as well as V2X collision prevention solutions through its Eye-Net Mobile subsidiary.

Positive

• Successfully regained Nasdaq compliance, resolving listing concerns
• Demonstrated ability to maintain share price above $1.00 threshold
• Continues operations across multiple high-growth technology sectors

Negative

• Previous trading below $1.00 minimum bid requirement indicates recent market weakness

Ness Ziona, Israel, Sept. 10, 2025 (GLOBE NEWSWIRE) -- Foresight Autonomous Holdings Ltd. (Nasdaq and TASE: FRSX) (“Foresight” or the “Company”), an innovator in 3D perception systems, today announced that it received a letter from The Nasdaq Stock Market LLC (“Nasdaq”) on September 9, 2025 informing Foresight that it has regained compliance with the minimum bid price requirement under Nasdaq Listing Rule 5550(a)(2), for continued listing on The Nasdaq Stock Market, and the matter of previous non-compliance is now closed.

Foresight was previously notified by Nasdaq on March 24, 2025, that it was not in compliance with the minimum bid price rule because its American Depositary Shares (“ADSs”) failed to meet the closing bid price of $1.00 or more for 30 consecutive business days, as required by the Nasdaq Listing Rules. To regain compliance with the bid price, the Company was required to maintain a minimum closing bid price of $1.00 or more for at least 10 consecutive trading days. From August 25, 2025, through September 8, 2025, the closing bid price of the Company’s ADSs has been at $1.00 per ADS or greater. Accordingly, the Company has regained compliance with Nasdaq's minimum bid price rule.

About Foresight
Foresight Autonomous Holdings Ltd. (Nasdaq and TASE: FRSX) is a technology company developing advanced three-dimensional (3D) perception and cellular-based applications. Through the Company’s controlled subsidiaries, Foresight Automotive Ltd., Foresight Changzhou Automotive Ltd. and Eye-Net Mobile Ltd., Foresight develops both “in-line-of-sight” vision systems and “beyond-line-of-sight” accident-prevention solutions.

Foresight’s 3D perception systems include modules of automatic calibration and dense 3D point cloud that can be applied to different markets such as automotive, defense, autonomous driving, agriculture, heavy industrial equipment and unmanned aerial vehicles (UAVs).

Eye-Net Mobile develops next-generation vehicle-to-everything (V2X) collision prevention solutions and smart automotive systems to enhance road safety and situational awareness for all road users in the urban mobility environment. By leveraging cutting-edge artificial intelligence (AI) technology, advanced analytics, and existing cellular networks, Eye-Net’s innovative solution suite delivers real-time pre-collision alerts to all road users using smartphones and other smart devices within vehicles.

For more information about Foresight and its wholly owned subsidiary, Foresight Automotive, visit www.foresightauto.com, follow @ForesightAuto1 on X (formerly Twitter), or join Foresight Automotive on LinkedIn.

Investor Relations Contact:
Miri Segal-Scharia
CEO
MS-IR LLC
msegal@ms-ir.com
917-607-8654

FAQ

What did Foresight (FRSX) announce about its Nasdaq compliance status?

Foresight announced regaining compliance with Nasdaq's minimum bid price requirement on September 9, 2025, after maintaining a closing bid price of $1.00 or higher for 10 consecutive trading days.

How long did Foresight (FRSX) maintain the required minimum bid price to regain compliance?

Foresight maintained a closing bid price of $1.00 or higher from August 25 through September 8, 2025, meeting the 10-day minimum requirement.

When did Foresight (FRSX) receive the initial Nasdaq non-compliance notice?

Foresight received the initial non-compliance notice from Nasdaq on March 24, 2025, due to failing to maintain a minimum closing bid price of $1.00 for 30 consecutive business days.

What are the main technologies developed by Foresight (FRSX)?

Foresight develops 3D perception systems including in-line-of-sight vision systems, beyond-line-of-sight accident-prevention solutions, and V2X collision prevention technologies through its subsidiaries.