Foresight Autonomous Holdings Ltd（FRSX）資訊與事件FRSXForesight Autonomous Holdings Ltd

Foresight Autonomous Proposes Acquisition of 50.01% Controlling Interest in Polish Data Center

Foresight Autonomous has entered into a non-binding term sheet for the proposed acquisition of a 50.01% controlling interest in a company advancing data center development projects in Poland. The data centers company is expected to hold a 66.67% interest in each of two Polish project companies developing data centers in Warsaw and Wroclaw. The Warsaw project has a planned power capacity of 130 MW, while the Wroclaw project has a planned capacity of up to 140 MW, representing combined planned capacity of up to 270 MW. The remaining 33.33% interest in both projects will be held by Polish development entrepreneurs who are engineering experts leading national grid connection processes, techno-economic analysis and regulatory matters. The purchase price for the 50.01% interest in the data centers company will be determined based on an independent valuation to be prepared by a mutually agreed independent valuation firm prior to execution of definitive agreements. The consideration would be financed in full through a seller loan. At closing, Foresight expects to also contribute an amount currently estimated at approximately $1M and would commit to provide additional shareholder loans of up to $2.5M to advance the two projects. The proposed transaction remains subject to the completion of Foresight's due diligence, an independent valuation, agreement on definitive transaction documents and transaction structure, and receipt of required corporate, regulatory, stock exchange, governmental, financing, and third-party approvals.

Foresight Autonomous Proposes Acquisition of 50.01% Controlling Interest in Polish Data Center Company

Foresight Autonomous announced that it has entered into a non-binding term sheet for the proposed acquisition of a 50.01% controlling interest in a company advancing data center development projects in Poland. The Data Centers Company is expected to hold a 66.67% interest in each of two Polish project companies developing data centers in Warsaw and Wroclaw, two of the biggest and growing cities in Poland. The Warsaw project has a planned power capacity of 130 MW, while the Wroclaw project has a planned capacity of up to 140 MW, representing combined planned capacity of up to 270 MW.

Foresight Autonomous Evaluates Expansion into AI and Cybersecurity Sectors

Foresight Autonomous announced that it is evaluating opportunities to expand its business activities into additional technology sectors, including AI- based technologies and applications, cybersecurity or data centers, including through a possible acquisition. The company said, "Foresight has not set a timetable for the conclusion of its evaluation, nor has it made any decisions related to any potential transaction at this time. Foresight does not intend to comment on its evaluation and review of any potential opportunities until it deems further disclosure as appropriate or necessary. There can be no assurances as to the outcome or timing of such review, or whether any particular transaction may be pursued or consummated."