Foresight

Foresight Announces Implementation of Reorganization Plan

Wednesday, July 1, 2020 - 2:45am

In connection with consummation of the Plan on June 30, 2020 (the Effective Date), all of Old Foresights assets with exception of Foresight Energy LP, Foresight Energy GP LLC, and Foresight Energy LLC (but otherwise including such entities assets) were transferred to Foresight Energy Operating LLC, a newly formed Delaware limited liability company that is wholly-owned by Foresight Energy Resources LLC, a Delaware limited liability company.

Key Points: 
  • In connection with consummation of the Plan on June 30, 2020 (the Effective Date), all of Old Foresights assets with exception of Foresight Energy LP, Foresight Energy GP LLC, and Foresight Energy LLC (but otherwise including such entities assets) were transferred to Foresight Energy Operating LLC, a newly formed Delaware limited liability company that is wholly-owned by Foresight Energy Resources LLC, a Delaware limited liability company.
  • Foresight Energy LP, Foresight Energy GP LLC, and Foresight Energy LLC will be dissolved.
  • Foresight Energy Resources LLC (together with its direct and indirect subsidiaries, Foresight) is the new parent company for Old Foresights non-dissolving subsidiaries and go-forward business.
  • With their cooperation, we have been able to implement our reorganization plan within four months of entering chapter 11.

20/20 Foresight Announces the Appointment of Mitch Ornstein as Managing Director

Thursday, June 25, 2020 - 11:17pm

CHICAGO, June 25, 2020 /PRNewswire/ --20/20 Foresight is pleased to announce the recent appointment of Mitch Ornstein as Managing Director in the company's Chicago headquarters.

Key Points: 
  • CHICAGO, June 25, 2020 /PRNewswire/ --20/20 Foresight is pleased to announce the recent appointment of Mitch Ornstein as Managing Director in the company's Chicago headquarters.
  • Ornstein brings more than 15 years of executive search experience in placing senior leaders across all functions to his new role.
  • "As recruitment continues to evolve in today's rapidly transforming marketplace, 20/20 Foresight is staying true to our mission of hiring knowledgeable, passionate specialists who are also industry leaders," said Bob Cavoto, Managing Principal and Founder of 20/20 Foresight.
  • 20/20 Foresight Executive Search was ranked #15 by Forbes on its list of "America's Best Executive Recruiting Firms 2020."

Foresight Announces Confirmation of Plan of Reorganization

Wednesday, June 24, 2020 - 11:37pm

Holders of Foresights limited partnership units will not receive any recovery under the Plan.

Key Points: 
  • Holders of Foresights limited partnership units will not receive any recovery under the Plan.
  • With their cooperation, we have been able to achieve confirmation within four months of entering chapter 11.
  • We are working expeditiously to timely implement the Plan, and we look forward to emerging from the chapter 11 process in the coming weeks.
  • Foresight operates three longwall mining complexes with four longwall mining systems and the Sitran river terminal on the Ohio River.

Foresight Research: Public Relations is a “Best Marketing Buy”

Wednesday, June 24, 2020 - 7:53pm

ROCHESTER, Mich., June 24, 2020 (GLOBE NEWSWIRE) -- Comparing the public relations budget to the marketing budget the PR budget is not chump change, but lets say it is a marketing best buy.

Key Points: 
  • ROCHESTER, Mich., June 24, 2020 (GLOBE NEWSWIRE) -- Comparing the public relations budget to the marketing budget the PR budget is not chump change, but lets say it is a marketing best buy.
  • We ask them a lot of questions, but one is what marketing communications channel influenced them to buy their vehicle.
  • For 2020, a new report is coming from Foresight Research that does a deep dive into the power of automotive public relations.
  • Since 1998, Foresight Research has been providing consumer insights and data to support strategies and best practices for the automotive industry.

Foresight Appoints Alain Charlois as Vice President of Strategic Partnerships in North America and Europe

Wednesday, June 24, 2020 - 1:00pm

Foresight Autonomous Holdings Ltd. (Nasdaq and TASE: FRSX), an innovator in automotive vision systems, announced today the appointment of seasoned executive Alain Charlois as Vice President of Strategic Partnerships, effective July 1st, 2020.

Key Points: 
  • Foresight Autonomous Holdings Ltd. (Nasdaq and TASE: FRSX), an innovator in automotive vision systems, announced today the appointment of seasoned executive Alain Charlois as Vice President of Strategic Partnerships, effective July 1st, 2020.
  • Mr. Charlois will be responsible for developing new business opportunities and identifying potential strategic partners in the Advanced Driver Assistance Systems (ADAS) and autonomous driving markets in North America and Europe.
  • Alain Charlois has extensive experience commercializing disruptive technology and scaling businesses in both the automotive and off-highway markets, holding leadership positions at international companies across Asia, Europe and North America.
  • 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.

Foresight Research: Automotive Public Relations Rings the Bell

Monday, June 22, 2020 - 6:51pm

ROCHESTER, Mich., June 22, 2020 (GLOBE NEWSWIRE) -- A new report is coming from Foresight Research that does a deep dive into the power of automotive public relations.

Key Points: 
  • ROCHESTER, Mich., June 22, 2020 (GLOBE NEWSWIRE) -- A new report is coming from Foresight Research that does a deep dive into the power of automotive public relations.
  • Foresight Research is in the process of interviewing about 5,500 new car and truck buyers to find out how public relations has affected their purchase decision and a bunch of other things.
  • Extending the impact of Public Relations through social media and word of mouth,
    Cross marketing with other communications channels (TV, digital, print, etc.)
  • Over the last 3 years public relations has been just about the best way to communicate the all-l important brand reputation.

Foresight Regains Compliance with Nasdaq Minimum Bid Price Requirement

Monday, June 22, 2020 - 1:00pm

Foresight Autonomous Holdings Ltd. (Nasdaq and TASE: FRSX), an innovator in automotive vision systems, announced today that it has received notification from the Listing Qualifications Department of The Nasdaq Stock Market (Nasdaq) that it has regained compliance with Nasdaq Listing Rule 5550(a)(2), which concerns minimum bid price listing requirements.

Key Points: 
  • Foresight Autonomous Holdings Ltd. (Nasdaq and TASE: FRSX), an innovator in automotive vision systems, announced today that it has received notification from the Listing Qualifications Department of The Nasdaq Stock Market (Nasdaq) that it has regained compliance with Nasdaq Listing Rule 5550(a)(2), which concerns minimum bid price listing requirements.
  • As previously announced, Foresight Autonomous Holdings had been notified by Nasdaq that its American Depositary Shares (ADSs) failed to maintain a minimum bid price of $1.00 over 30 consecutive business days as required by the Listing Rules of The Nasdaq Stock Market.
  • Through the companys 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 cellular-based applications.
  • For more information about Foresight and its wholly owned subsidiary, Foresight Automotive, visit www.foresightauto.com , or join Foresight Automotive on LinkedIn.

Introducing Investors to Hot Hi-Tech and Bio-tech Companies: Frost & Sullivan Releases Q1 Equity Research for Investors to Make Informed Decisions in 2020

Wednesday, June 17, 2020 - 1:46pm

NEW YORK, June 17, 2020 /PRNewswire/ -- Equity research is published in the framework of Frost & Sullivan's Independent Equity Research Program.

Key Points: 
  • NEW YORK, June 17, 2020 /PRNewswire/ -- Equity research is published in the framework of Frost & Sullivan's Independent Equity Research Program.
  • Foresight is a unique opportunity to invest in a game-changing start up firm with three different investment opportunities: autonomous cars, trains, and cellular-based accident prevention solutions.
  • Optimizing cellular networks for the largest international Telecoms so that they can become more profitable Allot finishes Q1 witha 16% YOY revenue increase.
  • Our initian report summarizing 2019 and looking forward to 2020 gives invaluable insight on the fast growing Company and its ecosystem.

Foresight Autonomous Holdings Prices $6.4 Million Registered Direct Offering

Tuesday, June 9, 2020 - 1:30pm

Foresight Autonomous Holdings Ltd. (Nasdaq and TASE: FRSX) (Foresight or the Company), today announced it has entered into definitive agreements with investors for the purchase and sale of 6,400,000 of the Companys American Depositary Shares (ADSs) at a price of $1.00 per ADS pursuant to a registered direct offering.

Key Points: 
  • Foresight Autonomous Holdings Ltd. (Nasdaq and TASE: FRSX) (Foresight or the Company), today announced it has entered into definitive agreements with investors for the purchase and sale of 6,400,000 of the Companys American Depositary Shares (ADSs) at a price of $1.00 per ADS pursuant to a registered direct offering.
  • The gross proceeds of the offering will be approximately $6.4 million, before deducting placement agent fees and other estimated offering expenses.
  • The closing of the registered direct offering is expected to take place on or about June 11, 2020, subject to the satisfaction of customary closing conditions.
  • For more information about Foresight and its wholly owned subsidiary, Foresight Automotive, visit www.foresightauto.com , follow @ForesightAuto on Twitter, or join Foresight Automotive on LinkedIn.

Foresight to Enable Mass Screening for Detection of COVID-19 Pandemic Symptoms Using Thermal Cameras and Artificial Intelligence Expertise

Friday, June 5, 2020 - 12:15pm

Based on the Companys extensive knowledge using FLIR thermal cameras, artificial intelligence (AI) and advanced algorithms, the system is designed to rapidly and accurately detect some of the main symptoms associated with the COVID-19 virus.

Key Points: 
  • Based on the Companys extensive knowledge using FLIR thermal cameras, artificial intelligence (AI) and advanced algorithms, the system is designed to rapidly and accurately detect some of the main symptoms associated with the COVID-19 virus.
  • These symptoms can be identified by using the Companys intellectual property that combines both visible-light and thermal cameras.
  • Our extensive experience with thermal imaging and AI can be invaluable when applied to a detection solution for early symptoms of the coronavirus.
  • For more information about Foresight and its wholly owned subsidiary, Foresight Automotive, visit www.foresightauto.com , follow @ForesightAuto on Twitter, or join Foresight Automotive on LinkedIn.