$GAUZ News

Gauzy Announces $7 Million Private Placement Led by Management to Fund Court-Approved Settlement

Gauzy (GAUZ) receives Nasdaq delisting notice for sub-$1 bid and missing 20‑F; will appeal

Nasdaq has notified Gauzy (GAUZ) that it will delist the company's shares from the Nasdaq Global Market for failing to maintain a minimum $1 bid price and for not filing its Form 20‑F; Gauzy said it will file an appeal with the Nasdaq Hearings Panel. The company will request the appeal by Sept. 22, which stays any delisting and keeps the shares tradable pending a hearing, but there is no assurance the Panel will reverse the determination.

GAUZ: Court OKs $61M debt settlement; $7M management-led PIPE committed

Tel Aviv court granted final approval for Gauzy's comprehensive settlement that resolves roughly $61 million of legacy pre-petition liabilities and lifts the insolvency stay. The company says it has a binding commitment for a $7 million management-led PIPE to fund immediate priority employee claims and working capital; issuance/closing timing is not specified. Post-settlement fully diluted ownership is disclosed as Management 50%, Creditors 20% and Existing Shareholders 30%, implying material dilution to current public holders once the equity is issued. Timing: Earliest dilution: today.

Gauzy to implement 1-for-20 reverse share split effective Sept 10, 2026

Gauzy (NASDAQ: GAUZ) announced a 1-for-20 reverse share split effective 11:59 p.m. ET on Sept 10, 2026, with split-adjusted trading to begin on Nasdaq at the open on Sept 11 under the same ticker but a new CUSIP. The split will cut issued shares from 22,862,718 to about 1,143,135 post-split, will round down fractional shares (no fractional issuance), will adjust outstanding options/warrants/RSUs per their terms, and the company says the move aims to raise the per-share price to help maintain compliance with Nasdaq's minimum bid price rule.

Gauzy files 6-K proposing Israeli debt settlement and $7M management-led PIPE

GAUZ filed SEC Form 6-K. GAAP net profit once the company is operating-profitable; the Settlement requires creditor approval (majority by number and >75% by value) and court confirmation and is not yet approved. The company also entered a binding term sheet for a US$7.0M PIPE led by CEO Eyal Peso and other insiders with additional investors (led by Chutzpah Holdings LP), with proceeds allocated to creditor and employee payments, working capital, fees and $1.0M salary repayment, but the PIPE is conditional on creditor approval, court confirmation, Nasdaq continued listing and current SEC reporting.

GAUZ gets Nasdaq notice for late 2025 20-F; must submit compliance plan by July 20

Gauzy (GAUZ) received a Nasdaq notice on May 19 saying it is delinquent in filing its 2025 Form 20-F, triggering a public non-compliance listing while shares continue to trade on Nasdaq. The company has until July 20 to submit a plan (Nasdaq may grant an extension to Nov 11 if the plan is accepted) and is already flagged for a separate minimum-bid-price violation, meaning failure to regain compliance could lead to delisting.