Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16]
26 October 2023 - 7:30AM
Edgar (US Regulatory)
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: October 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 October
25, 2023, titled “Foresight Receives Notice of U.S. Patent Allowance for 3D Image Analysis System and Calibration Technology.”
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from the date on which this Report is submitted, to the extent not superseded by documents or reports subsequently filed or furnished.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: October 25, 2023 |
By: |
/s/ Eli
Yoresh |
|
Name: |
Eli Yoresh |
|
Title: |
Chief Financial Officer |
Exhibit
99.1
Foresight
Receives Notice of U.S. Patent Allowance for 3D Image Analysis System and Calibration Technology
The
allowed patent relates to calibrating imaging devices, matching elements in stereo imaging systems, and creating 3D reconstructions
Ness
Ziona, Israel – October 25, 2023 - Foresight Autonomous Holdings Ltd. (Nasdaq and TASE: FRSX) (“Foresight” or the “Company”),
an innovator in automotive vision systems, announced today that it has received a notice of allowance from the U.S. Patent and Trademark
Office for its patent application, number 17/982,691, for “System and Method for Stereoscopic Image Analysis.”
The
patented technology enables the generation of 3D depth perception from any given pair of cameras, even those that have different optical
properties and fields of view. This capability allows for flexible cameras positioning on vehicles, and also enables vehicle manufacturers
to leverage different existing cameras that could not previously be used for depth perception. This technology improves obstacle detection
and enhances understanding of road conditions for advanced driver-assistance system (ADAS) or autonomous driving.
The
patented technology includes a method for automatic calibration of cameras and a computationally efficient method for calculating dense
depth maps. This technology transforms a pair of cameras and a processor into a high frequency and accurate depth sensor.
This
patent serves as the underlying technology of Foresight’s Mono2Stereo™ and Mono2Stereo™ 360° perception enhancement
solutions. The Mono2Stereo and Mono2Stereo™ 360° solutions enhance existing vision sensor systems by using proprietary software-based
algorithms to create 3D and 360° 3D perception, respectively. These solutions are designed to amplify the performance of existing
ADAS sensors resulting in better distance accuracy and more robust active safety features.
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 the potential benefits of its technology and products. 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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