$GAUZMay 26, 2026, 10:55 AM ETAI processed
GAUZ gets Nasdaq notice for late 2025 20-F; must submit compliance plan by July 20
AI Summary
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.
Positives
- Shares will continue trading on Nasdaq with no immediate suspension
- Company says it intends to file the 2025 Form 20-F and will submit a compliance plan within the Nasdaq timeframe
- If Nasdaq accepts the plan, it may grant up to a Nov 11, 2026 cure period
Negatives
- Non-compliant with Nasdaq Listing Rule 5250(c)(1) for late filing of the 2025 Form 20-F
- Already previously non-compliant with Nasdaq minimum bid price rule (5450(a)(1)), increasing delisting risk
- Company will be placed on Nasdaq's public non-compliance list and broadcast a non-compliance indicator