VisionWave to invest up to $17.5 million for up to 51% stake in Foresight

• Foresight Autonomous entered a non-binding term sheet with VisionWave for a strategic equity investment of up to USD 17.5 million via issuance of VisionWave common stock.
• VisionWave would receive Foresight ordinary shares representing up to 51% of issued and outstanding share capital, implying a post-investment valuation of about USD 35 million.
• Consideration is based on VisionWave five-day average closing price prior to closing, with minimum investment of USD 15.45 million for at least 45% of Foresight shares.
• Foresight plans to shift focus toward defense, military, homeland security markets under collaboration framework tied to transaction.
• Closing remains subject to due diligence, definitive agreements, regulatory and shareholder approvals.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Foresight Autonomous Holdings Ltd. published the original content used to generate this news brief on April 21, 2026, and is solely responsible for the information contained therein.