Gauzy Raises $7 Million PIPE as Court-Approved Settlement Resolves About $61 Million of Liabilities
TEL AVIV — Gauzy Ltd. (Nasdaq: GAUZ), a light- and vision-control technology company, announced on October 16 via GlobeNewswire that it has entered into a securities purchase agreement with accredited investors led by Chief Executive Eyal Peso for a PIPE financing with $7 million of aggregate gross proceeds, issuing and selling 2,383,279 ordinary shares at $2.9371 per share. In addition, under the company's court-approved debt settlement, 953,311 ordinary shares will be issued to the settlement trustees, Adv. Ehud Gindes and Adv. (CPA) Simion Keidar.
The Tel Aviv-Jaffa District Court granted final approval of the settlement effective September 8, 2026, under Israel's Insolvency and Economic Rehabilitation Law 5778-2018, and the settlement resolves approximately $61 million of pre-petition liabilities. The company said the offering is intended to ensure the settlement is financed from day one.
Gauzy is headquartered in Tel Aviv, and its smart-glass and light-control technologies serve the architecture, automotive, aviation and rail markets. Chief Executive Eyal Peso said in the release that the financing and settlement provide a financial foundation for the company going forward.
Published by GSM · USA (original Chinese edition)
Photo: Gauzy公司官方标志 / Gauzy official logo
