JERUSALEM, June 8 (Reuters) -
* Israel's Foresight Autonomous Holdings, which is
developing technology for self-driving cars, said on Thursday it
has received approval from U.S. regulators and expects to begin
trading on Nasdaq in the coming days.
* Foresight, whose parent company is security technology
firm Magna BSP, applied last month with the U.S. Securities and
Exchange Commission to list American depositary shares on
Nasdaq. They will trade under the symbol FRSX.
* The company, already traded in Tel Aviv, says it is
developing a system that creates and analyzes 3D images to
prevent road collisions.
* Foresight's stock has risen 250 percent this year but
opened down 2.6 percent on Thursday at 6.27 shekels ($1.77).
* Last year Foresight said that after being approached by
potential U.S. investors, it was looking at a public offering on
a U.S. market, where most competitors in the field are traded.
* Foresight has a 632 million shekel market capitalisation
in Tel Aviv.
($1 = 3.5362 shekels)
(Reporting by Ari Rabinovitch)