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Foresight proposes 50.01% stake in Polish data center firm

Poland’s colocation capacity is forecast to increase from approximately 29 MW in 2026 to 511 MW by 2031, according to the European Data Centre Association.

(Neutral)

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Form Type
6-K

Rhea-AI Filing Summary

Foresight Autonomous Holdings Ltd. entered into a non-binding term sheet for the proposed acquisition of a 50.01% controlling interest in a company advancing data center projects in Poland. That company is expected to hold 66.67% of each of two project companies, with planned capacity of 130 MW in Warsaw and up to 140 MW in Wroclaw, or up to 270 MW combined. The purchase price would be based on an independent valuation, and consideration would be financed in full through a seller loan.

At closing, Foresight expects to contribute approximately $1 million for its pro rata share of the company's outstanding shareholder loans and commit up to $2.5 million in additional shareholder loans. The term sheet provides for a convertible loan facility from the company's current shareholders, or anyone on their behalf, of up to US$3,500,000, subject to an agreed budget, business plan and project milestones, with terms to be agreed in a separate agreement. The proposed transaction remains subject to due diligence, an independent valuation, agreement on definitive documents and transaction structure, and required approvals. Warsaw's grid-connection application has been submitted, with a final permit expected by the end of 2027; Wroclaw's feasibility study is complete and its land is under negotiation. Foresight Chief Financial Officer Eli Yoresh owns a 10% stake in the company.

Filing Explained

This report also incorporates the press release’s first five and seventh-through-tenth paragraphs, plus its forward-looking-statements section, into the company’s identified Form F-3 and Form S-8 registration statements as part of those filings.

Proposed controlling interest 50.01% Interest Foresight proposes to acquire in the Data Centers Company
Project-company interest 66.67% Interest the Data Centers Company is expected to hold in each of two project companies
Warsaw planned capacity 130 MW Warsaw data center project
Wroclaw planned capacity up to 140 MW Wroclaw data center project
Combined planned capacity up to 270 MW Two Polish data center projects
Shareholder-loan contribution approximately $1 million Foresight's expected contribution at closing for its pro rata share of outstanding shareholder loans
Additional shareholder loans up to $2.5 million Foresight commitment to advance the two projects
Convertible loan facility up to US$3,500,000 Facility from the Data Centers Company's current shareholders or anyone on their behalf, subject to stated conditions
non-binding term sheet financial
"entered into a non-binding term sheet"
A non-binding term sheet is a written outline of the main points parties expect to agree on in a business deal, like price, structure and timing, but it is not a final, enforceable contract. Think of it as a handshake on paper that sets expectations and a roadmap for negotiation and due diligence. Investors watch these because they signal intent and basic economics of a potential transaction, but terms can change before a binding agreement is signed, so the initial outline is informative but not guaranteed.
seller loan financial
"financed in full through a seller loan"
convertible loan facility financial
"provide Foresight with a convertible loan facility"
A convertible loan facility is a line of credit that a company can borrow from which the lender has the right to turn the outstanding loan into company shares instead of being repaid in cash. Think of it like borrowing money with an option for the lender to accept ownership stakes later; it matters to investors because it reduces immediate cash strain for the company but can dilute existing shareholders and change the company’s debt and ownership picture.
grid connection application technical
"A grid connection application has been submitted"
pro rata share financial
"representing its pro rata share"
Pro rata share is the portion of an asset, liability, income, loss, or new securities that an individual or entity receives based on their proportional ownership, contribution, or entitlement. It matters to investors because it determines how returns, dilution, distributions, or obligations are divided—think of slicing a pie so each person gets a piece sized exactly to the fraction of the whole they own.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What is FRSX proposing to acquire, and what is the planned capacity?

Foresight proposes to acquire a 50.01% controlling interest in a company advancing two data center projects in Poland. That company is expected to hold 66.67% of each project company; the projects have planned combined capacity of up to 270 MW, including 130 MW in Warsaw and up to 140 MW in Wroclaw.

How would FRSX finance the proposed acquisition?

The purchase consideration would be financed in full through a seller loan. Foresight expects to contribute approximately $1 million toward its pro rata share of outstanding shareholder loans and commit up to $2.5 million in additional shareholder loans. The term sheet also provides for a convertible loan facility of up to US$3,500,000, subject to an agreed budget, business plan and project milestones.

What conditions must be met for Foresight's proposed acquisition?

The transaction remains subject to completion of Foresight's due diligence and an independent valuation, agreement on definitive transaction documents and structure, and required corporate, regulatory, stock exchange, governmental, financing and third-party approvals.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates

 

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

Form 6-K

 

Report of Foreign Private Issuer

Pursuant to Rule 13a-16 or 15d-16

under the Securities Exchange Act of 1934

 

For the month of: September 2026 (Report No. 2)

 

Commission file number: 001-38094

 

FORESIGHT AUTONOMOUS HOLDINGS LTD.

(Translation of registrant’s name into English)

 

7 Golda Meir

Ness Ziona 7414001 Israel

(Address of principal executive offices)

 

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

 

Form 20-F ☒ Form 40-F ☐

 

 

 

 
 

 

CONTENTS

 

Attached hereto and incorporated herein is Foresight Autonomous Holdings Ltd.’s (the “Registrant”) press release issued on September 28, 2026, titled “Foresight Plans to Acquire 50.01% of a 270 MW Capacity European Data Center Development Company,” which relates to the entry into a non-binding term sheet for the proposed acquisition of a 50.01% controlling interest by the Registrant in a company advancing data center development projects in Poland (“Data Centers Company”). Eli Yoresh, the Registrant’s Chief Financial Officer, owns a 10% stake in the Data Centers Company. A copy of the press release is furnished herewith as Exhibit 99.1.

 

The first five, seventh through tenth paragraphs and the section titled “Forward-Looking Statements” in the press release are incorporated by reference into the Registrant’s Registration Statements on Form F-3 (File No. 333-276709, 333-286221 and 333-292104) and Form S-8 (Registration Nos. 333-229716, 333-239474, 333-268653, 333-280778, 333-293074, and 333-298762), filed with the SEC, to be a part thereof from the date on which this report is submitted, to the extent not superseded by documents or reports subsequently filed or furnished. 

 

Exhibit No.   Description
99.1   Press release issued by Foresight Autonomous Holdings Ltd. on September 28, 2026, titled “Foresight Plans to Acquire 50.01% of a 270 MW Capacity European Data Center Development Company.”

 

 
 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

  Foresight Autonomous Holdings Ltd.
  (Registrant)
     
Date: September 28, 2026 By: /s/ Eli Yoresh
  Name:  Eli Yoresh
  Title: Chief Financial Officer

 

 

 

Exhibit 99.1

 

 

Foresight Plans to Acquire 50.01% in a 270MW Capacity European Data Center Development Company

 

Enters into a non-binding term sheet which will potentially provide control over two data center development projects in Warsaw and Wroclaw, Poland, with planned capacity of up to 270 MW

 

NESS ZIONA, Israel, September 28, 2026- Foresight Autonomous Holdings Ltd. (Nasdaq and TASE: FRSX) (“Foresight” or the “Company”), an innovator in 3D perception systems, announced today that it has entered into a non-binding term sheet for the proposed acquisition of a 50.01% controlling interest in a company advancing data center development projects in Poland (the “Data Centers Company”).

 

The Data Centers Company is expected to hold a 66.67% interest in each of two Polish project companies developing data centers in Warsaw and Wroclaw, two of the biggest and growing cities in Poland. The Warsaw project has a planned power capacity of 130 MW, while the Wroclaw project has a planned capacity of up to 140 MW, representing combined planned capacity of up to 270 MW.

 

The remaining 33.33% interest in both projects will be held by Polish development entrepreneurs who are engineering experts leading national grid connection processes, techno-economic analysis and regulatory matters and lead the securing of grid connection terms for projects totaling several gigawatts.

 

The Warsaw project, located in Ożarów, Poland, includes approximately 3.2 hectares of secured land, with an additional 2.2-hectare option. A grid connection application has been submitted, with final permit currently expected by the end of 2027. The Wroclaw project encompasses approximately 10 hectares, with its feasibility study completed and land currently under negotiation.

 

According to the data produced by the European Data Centre Association, Poland’s colocation capacity is forecast to increase from approximately 29 MW in 2026 to 511 MW by 2031, underscoring the country’s position as a growing data center market in the Central and Eastern Europe.

 

Haim Siboni, Chief Executive Officer of Foresight, said, “As we previously announced, Foresight has been evaluating opportunities to expand into new technology markets and identify additional areas for growth beyond our existing activities, including data centers. The proposed transaction is a natural extension of this strategy, providing Foresight with an opportunity to establish a controlling interest in a platform advancing two data center projects in Poland. At the same time, we continue to advance our proprietary technologies and expand their applications, including our recently announced development of full autonomous driving solutions for Unmanned Ground and Aerial Vehicles.”

 

 
 

 

The purchase price for the 50.01% interest in the Data Centers Company will be determined based on an independent valuation to be prepared by a mutually agreed independent valuation firm prior to execution of definitive agreements. The consideration would be financed in full through a seller loan.

 

At closing, Foresight expects to also contribute an amount currently estimated at approximately $1 million, representing its pro rata share of the Data Centers Company’s outstanding shareholder loans, and would commit to provide additional shareholder loans of up to $2.5 million to advance the two projects. To fund these obligations, the Data Centers Company current shareholders, or anyone on their behalf, shall provide Foresight with a convertible loan facility, from time to time, of up to US$3,500,000, all subject to an agreed budget, business plan and projects milestones, with terms to be agreed upon a separate agreement.

 

The proposed transaction remains subject to the completion of Foresight’s due diligence, an independent valuation, agreement on definitive transaction documents and transaction structure, and receipt of required corporate, regulatory, stock exchange, governmental, financing, and third-party approvals.

 

Eli Yoresh, the Company’s Chief Financial Officer, owns a 10% stake in the Data Centers Company.

 

About Foresight

 

Foresight Autonomous Holdings Ltd. (Nasdaq and TASE: FRSX) is a technology company developing advanced three-dimensional (3D) perception systems and cellular-based applications. Through its wholly owned 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 collision prevention solutions and smart automotive systems to enhance road safety and situational awareness for all road users in urban mobility environments. By leveraging cutting-edge artificial intelligence technology, advanced analytics, and existing cellular networks, Eye-Net’s innovative solution suite delivers real-time pre-collision alerts to all road users via 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, or join Foresight Automotive on LinkedIn.

 

 
 

 

Forward-Looking Statements

 

This press release contains forward-looking statements within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995 and other Federal securities laws. Words such as “expects,” “anticipates,” “intends,” “plans,” “believes,” “seeks,” “estimates” and similar expressions or variations of such words are intended to identify forward-looking statements. For example, Foresight is using forward-looking statements in this press release when it discusses the likelihood of success of data center development in Poland, possible growth in the European energy market, the likelihood of energy production by the potential data centers, entry into definitive agreements and future cooperation between the parties to the nonbinding term sheet and that the proposed transaction remains subject to the completion of Foresight’s due diligence, an independent valuation, agreement on definitive transaction documents and transaction structure, and receipt of required corporate, regulatory, stock exchange, governmental, financing, and third-party approvals. Because such statements deal with future events and are based on Foresight’s current expectations, they are subject to various risks and uncertainties, and actual results, performance or achievements of Foresight could differ materially from those described in or implied by the statements in this press release.

 

The forward-looking statements contained or implied in this press release are subject to other risks and uncertainties, including those discussed under the heading “Risk Factors” in Foresight’s annual report on Form 20-F for the fiscal year ended December 31, 2025, filed with the Securities and Exchange Commission (“SEC”) on March 25, 2026, and in any subsequent filings with the SEC. Except as otherwise required by law, Foresight undertakes no obligation to publicly release any revisions to these forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. References and links to websites have been provided as a convenience, and the information contained on such websites is not incorporated by reference into this press release. Foresight is not responsible for the content of third party websites.

 

Investor Relations Contact:

 

Miri Segal-Scharia

CEO

MS-IR LLC

msegal@ms-ir.com

 

 

 

Filing Exhibits & Attachments

2 documents

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