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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.
Posted In: FRSX
