Gauzy Announces $7 Million Private Placement Led by Management to Fund Court-Approved Settlement
Key Highlights
- ➤Gauzy (GAUZ) raises $7 million in management-led PIPE financing
- ➤Gauzy issues 2,383,279 shares at $2.9371 per share
- ➤Court-approved settlement resolves approximately $61 million of pre-petition liabilities
- ➤Settlement trustees receive 953,311 shares under the debt settlement
- ➤$1.638 million and corresponding shares face cancellation if French plan approval misses November 13
Expert Statements
Eyal Peso, Chief Executive Officer of Gauzy
“This investment reflects my personal conviction, and that of our management team, in Gauzy’s technology, our customers and our long-term growth strategy.”
Eyal Peso, Chief Executive Officer of Gauzy
“With the court-approved Settlement now fully financed from day one, we have resolved our legacy liabilities and can turn our full attention to executing on our backlog across the Architecture, Automotive, Aviation and Rail markets and delivering value for our customers, employees and shareholders.”
TEL AVIV, Israel, Oct. 16, 2026 (GLOBE NEWSWIRE) -- Gauzy Ltd. (Nasdaq: GAUZ) ("Gauzy" or the "Company"), a global leader in light and vision control technology, today announced that it has entered into a securities purchase agreement (the "Purchase Agreement") with a group of accredited investors led by Eyal Peso, the Company's Chief Executive Officer (collectively, the “Purchasers”), for a private investment in public equity ("PIPE") resulting in $7 million in aggregate gross proceeds (the "Offering"). Pursuant to the Purchase Agreement, the Company agreed to issue and sell 2,383,279 ordinary shares, no par value (“Ordinary Shares”), to the Purchasers at a purchase price of $2.9371 per share. In addition, in accordance with the terms of the Company’s court-approved debt settlement (the “Settlement”), 953,311 Ordinary Shares will be issued to the trustees appointed under the Settlement, Adv. Ehud Gindes and Adv. (CPA) Simion Keidar (the “Settlement Trustees”).
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