$GAUZSep 21, 2026, 4:30 PM ETAI processed
Gauzy (GAUZ) receives Nasdaq delisting notice for sub-$1 bid and missing 20‑F; will appeal
AI Summary
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.
Positives
- Company will request an appeal by Sept. 22, which triggers a stay and keeps shares trading pending the hearing
- Management states its financial position has improved and believes this supports continued listing
- Appeal will be heard by the Nasdaq Hearings Panel under applicable listing rules
Negatives
- Nasdaq determined to delist GAUZ from the Nasdaq Global Market for failing to meet the $1 bid-price rule
- Company failed to file its Form 20‑F for year ended Dec. 31, 2025, and is ineligible for a compliance-plan cure on that basis
- No assurance the appeal will succeed; shares could ultimately be delisted