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Foresight consolidates ADSs 3-for-1 to support Nasdaq listing
Foresight Autonomous Holdings Ltd. announced a change in its American Depositary Share (ADS) ratio from 1 ADS = 30 ordinary shares to 1 ADS = 90 ordinary shares, effective February 26, 2026. This 3-for-1 consolidation aims to help the company maintain compliance with Nasdaq listing requirements. While ADS holders will exchange three existing ADSs for one new one, ownership percentages and voting power of shareholders will not be affected.