Foresight Signs Term Sheet To Acquire 50.01% Stake In Polish Data Center Projects
Foresight Autonomous (FRSX) signed a non-binding term sheet to acquire a 50.01% stake in a Polish data center developer. The deal, pending due diligence and approvals, involves two projects with a combined capacity of 270 MW. Financing will come from a seller loan, with Foresight contributing up to $3.5 million. Pre-market, FRSX shares are down 11.64% at $0.7000.



