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Full coverage· Economy· Updated

Israeli Tech Firm Foresight to Delist from Tel Aviv Stock Exchange

Foresight Autonomous Holdings will delist from the Tel Aviv Stock Exchange on January 1, 2027, after its stock value collapsed by 99% from a peak of 2.4 billion shekels. The company, which develops 3D vision systems, has incurred significant losses and plans to focus on AI, cyber, and data centers.

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What happened

  1. 01Foresight Autonomous Holdings will delist from the TASE by January 1, 2027.
  2. 02The company's stock value has fallen 99% from its peak.
  3. 03Foresight has accumulated 270 million shekels in losses over five years.
  4. 04The company is exploring new ventures in AI, cyber, and data centers.
  5. 05Trading will continue exclusively on the Nasdaq in New York.
Translated and summarized by baba from Ice, the latest report. Read Ice’s original

The coverage

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