Business Context and Reporting Period
This Form 6-K filing by Foresight Autonomous Holdings Ltd. covers the month of January 2018. The report addresses corporate governance matters under the Israeli Companies Law, specifically regarding the composition of the Board of Directors.
Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report is limited to non-financial corporate governance disclosures.
Material Changes
The primary material change disclosed is the expiration of the term of office for external director Mr. Avishai Cohen, effective January 7, 2018. Mr. Cohen, who served since January 2009, will retire and is not eligible for reelection. Messrs. Zeev Levenberg and Dan Avidan will continue to serve as external directors.
Guidance, Outlook, and Management Commentary
Management stated that the Company has no immediate intention to replace Mr. Cohen. No financial guidance, risk factors, or contingencies were disclosed in this specific filing.
Key Facts for Investor Verification
- Mr. Avishai Cohen's term as external director expires on January 7, 2018.
- The Company currently has two remaining external directors: Zeev Levenberg and Dan Avidan.
- The Company has no immediate plan to appoint a replacement for Mr. Cohen.
- This filing contains no financial performance data.