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 2023 (Report No.2)
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 ☐
CONTENTS
Attached
hereto and incorporated herein is Foresight Autonomous Holdings Ltd.’s (the “Registrant”) press release issued on November
6, 2023, titled “Foresight: Eye-Net and SoftBank Corp. Successfully Complete First Phase of Cross-Collision Prevention V2X Project
in Japan.”
The
press release is incorporated by reference into the Registrant’s Registration Statements on Form F-3 (File No. 333-252334) and
Form S-8 (Registration Nos. 333-229716, 333-239474 and 333-268653), 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from the date on which this Report is submitted, to the extent not superseded by documents or reports subsequently filed or furnished.
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 7, 2023 |
By: |
/s/
Eli Yoresh |
|
Name:
|
Eli
Yoresh |
|
Title: |
Chief
Financial Officer |
Exhibit
99.1
Foresight:
Eye-Net and SoftBank Corp. Successfully Complete First Phase of Cross-Collision Prevention V2X Project in Japan
The
second phase of the project includes deployment of Eye-Net’s location service in SoftBank’s 5G Multi-Access Edge Computing
infrastructure
Ness
Ziona, Israel – November 6, 2023 - 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”),
announced the successful completion of the first phase of a multi-phase project with SoftBank Corp. (Tokyo: 9434) (“SoftBank”).
SoftBank
confirmed the successful completion of the initial phase of the multi-phase project. We believe that this progress indicates an important
step in the collaboration between SoftBank and Eye-Net. SoftBank is anticipating Eye-Net’s deployment of its innovative location
service within SoftBank’s multi-access edge computing (MEC) infrastructure. The eventual potential integration of Eye-Net’s
location service is expected to significantly improve the field of connectivity and collision prevention. Successful completion of this
integration is a prerequisite for the deployment of Eye-Net’s solutions in the Japanese market.
Eye-Net
signed an agreement for a paid proof of concept project with SoftBank, a Japan-based telecommunications and IT operator, as reported
by the Company, on August 31, 2023. The project is part of a multiphase work plan which could potentially lead to a commercial deployment
of Eye-Net’s solutions in the Japanese market through SoftBank’s multiple business partners.
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., 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
vision solutions include modules of automatic calibration and dense three-dimensional (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 progress indicates an important step in the collaboration, that Eye-Net is to deploy its location service
within SoftBank’s multi-access edge computing infrastructure, that the integration of Eye-Net’s location service might significantly
improve the field of connectivity and collision prevention, that the Company believes the integration of Eye-Net’s location service
is necessary for the deployment of Eye-Net’s solution in the Japanese market, and that the project is part of a multiphase work
plan that could lead to the commercial deployment of Eye-Net’s solutions in the Japanese market through SoftBank’s business
partners. 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, 2023, 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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