0001213900-21-059336.txt : 20211115 0001213900-21-059336.hdr.sgml : 20211115 20211115160514 ACCESSION NUMBER: 0001213900-21-059336 CONFORMED SUBMISSION TYPE: 6-K PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 20211115 FILED AS OF DATE: 20211115 DATE AS OF CHANGE: 20211115 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Foresight Autonomous Holdings Ltd. CENTRAL INDEX KEY: 0001691221 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PREPACKAGED SOFTWARE [7372] IRS NUMBER: 000000000 STATE OF INCORPORATION: L3 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 6-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-38094 FILM NUMBER: 211410294 BUSINESS ADDRESS: STREET 1: 7 GOLDA MEIR ST., CITY: NESS ZIONA STATE: L3 ZIP: 7403650 BUSINESS PHONE: 972779709031 MAIL ADDRESS: STREET 1: 7 GOLDA MEIR ST., CITY: NESS ZIONA STATE: L3 ZIP: 7403650 6-K 1 ea150627-6k_foresight.htm REPORT OF FOREIGN PRIVATE ISSUER

 

 

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: November 2021 (Report No. 3)

 

Commission file number: 001-38094

 

FORESIGHT AUTONOMOUS HOLDINGS LTD.

(Translation of registrant’s name into English)

 

7 Golda Meir

Ness Ziona 7403650 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 ☐

 

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulations S-T Rule 101(b)(1): ☐

 

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulations S-T Rule 101(b)(7): ☐

 

 

 

 

 

CONTENTS

 

Attached hereto and incorporated herein is the Registrant’s press release issued on November 15, 2021, titled “Foresight: Eye-Net to Start Pilot Project with a Leading European Cellular Service Provider.”

 

The first two and the fourth 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. 333-252334) and Form S-8 (Registration No. 333-229716 and 333-239474), filed with the Securities and Exchange Commission, to be a part thereof from the date on which this Report is submitted, to the extent not superseded by documents or reports subsequently filed or furnished.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 November 15, 2021, titled “Foresight: Eye-Net to Start Pilot Project with a Leading European Cellular Service Provider.”

 

1

 

 

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: November 15, 2021 By: /s/ Eli Yoresh
  Name:  Eli Yoresh
  Title: Chief Financial Officer

 

 

2

 

EX-99.1 2 ea150627ex99-1_foresight.htm PRESS RELEASE ISSUED BY FORESIGHT AUTONOMOUS HOLDINGS LTD. ON NOVEMBER 15, 2021, TITLED "FORESIGHT: EYE-NET TO START PILOT PROJECT WITH A LEADING EUROPEAN CELLULAR SERVICE PROVIDER."

Exhibit 99.1

 

 

Foresight: Eye-Net to Start Pilot Project with a Leading European Cellular Service Provider

 

The cellular service provider will evaluate the Eye-Net™ Protect accident

prevention solution for potential integration into its 5G solutions suite

 

Ness Ziona, Israel – November 15, 2021 - Foresight Autonomous Holdings Ltd. (Nasdaq and TASE: FRSX), an innovator in automotive vision systems, announced today that its wholly owned subsidiary, Eye-Net Mobile Ltd. (“Eye-Net” or “Eye-Net Mobile”), will begin a pilot project with a leading European cellular service provider.

 

The cellular provider will test the software development kit (SDK) configuration and the performance of the Eye-Net Protect cellular-based vehicle-to-everything (V2X) accident prevention solution and intends to demonstrate it to its business partners. Upon successful evaluation, the leading cellular service provider may offer the Eye-Net solution to its customers, including municipalities, as part of its 5G cellular network solutions suite.

 

“We believe this pilot project indicates a growing interest from cellular companies in Eye-Net’s innovative technology, as another European cellular service provider has chosen to evaluate and conduct technological demonstrations of our solution in order to offer it as a use case for 5G cellular networks,” said Dror Elbaz, COO & Deputy CEO of Eye-Net Mobile. “Our hope is that this pilot will serve as a springboard for offering our solution to smart cities throughout Europe and eventually globally, improving the probability of preventing accidents and saving lives.”

 

The Eye-Net Protect cellular-based V2X solution is designed to protect the most vulnerable road users in real time—including pedestrians, cyclists, scooter drivers and car drivers—by providing collision alerts when the road users have no direct line of sight. Eye-Net Protect is agnostic to cellular infrastructure and seamlessly adapts to the cellular network generation.

 

For more information about Eye-Net Mobile, please visit www.eyenet-mobile.com, or follow the Company’s LinkedIn page, Eye-Net Mobile; Twitter, @EyeNetMobile1; and Instagram channel, Eyenetmobile1, the contents of which are not incorporated into this press release.

 

 

 

 

About Foresight

 

Foresight Autonomous Holdings Ltd. (Nasdaq and TASE: FRSX) is a technology company developing smart multi-spectral vision software solutions and cellular-based applications. Through the company’s wholly owned subsidiaries, Foresight 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 vision solutions include modules of automatic calibration, sensor fusion and dense 3D point cloud that can be applied to different markets such as automotive, defense, autonomous vehicles and heavy industrial equipment. Eye-Net Mobile’s cellular-based solution suite provides real-time pre-collision alerts to enhance road safety and situational awareness for all road users in the urban mobility environment by incorporating cutting-edge AI technology and advanced analytics.

 

For more information about Foresight and its wholly owned subsidiary, Foresight Automotive, visit www.foresightauto.com, follow @ForesightAuto1 on Twitter, 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 that the cellular provider will test the SDK configuration and the performance of the Eye-Net Protect cellular-based vehicle-to-everything (V2X) accident prevention solution and intends to demonstrate it to its business partners, that, upon a successful evaluation, the leading cellular service provider may offer the Eye-Net solution to its customers, including municipalities, as part of its 5G cellular network solutions suite, that it hopes that this pilot will serve as a springboard for offering its solution to smart cities throughout Europe and eventually globally and that Eye-Net Protect may increase the chances of preventing accidents and saving lives. 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 filed with the Securities and Exchange Commission (“SEC”) on March 30, 2021, 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 contents of third party websites. 

 

Investor Relations Contact:

 

Miri Segal-Scharia

CEO

MS-IR LLC

msegal@ms-ir.com

917-607-8654

 

 

 

 

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