Gauzy Ltd. reports developments in vision and light control technologies for architecture, automotive, safety technology and aeronautics. The company develops suspended particle device and liquid crystal materials for smart glass applications, as well as AI-powered driver assistance products such as Smart-Vision CMS, camera monitoring systems, smart mirrors and related safety systems for commercial vehicles.
Recurring company updates include product integrations and partnerships, operating and financial results, private financing and other capital-structure actions, shareholder voting and governance matters, and Nasdaq listing compliance. Company updates also cover court-supervised reorganization proceedings involving French subsidiaries, including Gauzy SAS, Safety Tech and Vision Systems, and related operational continuity disclosures.
Research Frontiers (Nasdaq: REFR) outlined how licensee Gauzy’s completed $7 million equity financing supports the restart of SPD-SmartGlass production. The financing closed October 15, 2026, after Israeli court approval of Gauzy’s settlement addressing approximately $61 million in pre-petition liabilities. Gauzy has begun payments to support restarting SPD emulsion production in Israel and light-control film production in Germany.
Research Frontiers expects restored supply to support licensees’ customer programs and renewed offerings of its architectural retrofit product for existing windows. It also plans to complete development of next-generation black SPD film and other advanced films. SPD-SmartGlass has been selected for electronically dimmable window systems on two new aircraft models from original equipment manufacturers in North America. Production restoration and product development remain work ahead.
Gauzy (Nasdaq: GAUZ) closed a $7 million private placement led by Chief Executive Officer Eyal Peso on October 15, 2026. The company agreed to sell 2,383,279 ordinary shares at $2.9371 each to accredited investors to finance its court-approved debt settlement. Another 953,311 ordinary shares will be issued to the settlement trustees.
The settlement received final court approval effective September 8, 2026, and resolves approximately $61 million in pre-petition liabilities. Of the offering's gross proceeds, $1,638,000 will be held by the trustees and refunded to applicable purchasers, with corresponding shares cancelled, if the Lyon Commercial Court does not approve subsidiary Safety Tech SAS's French continuation plan by November 13, 2026.
Gauzy (GAUZ) received a Nasdaq delisting notice dated September 15, 2026, after failing to meet bid price and reporting requirements by the specified deadlines.
The company had until September 14, 2026 to regain compliance with Listing Rule 5450(a)(1) after its share price stayed below $1 for 30 consecutive business days, but did not do so. Nasdaq staff also cited Gauzy’s failure to file its Form 20-F for the year ended December 31, 2025, as a violation of Listing Rule 5250(c)(1), which serves as an additional basis for delisting. Gauzy plans to request an oral hearing before a Nasdaq Hearings Panel by September 22, 2026. This appeal will stay any suspension or delisting action, and the company’s securities will remain fully tradeable and listed on the Nasdaq Global Market pending the hearing.
Gauzy (GAUZ) obtained final court approval on September 8, 2026 for a comprehensive settlement of about $61 million in legacy debt.
Creditors representing 98.96% of voting claims, including 100% of secured lenders OIC Investment Agent and Bank Mizrahi‑Tefahot, approved the plan. The Settlement resolves approximately $61 million of secured, employee, governmental and general unsecured liabilities under a single court‑sanctioned structure and lifts the Israeli insolvency stay, with all related legacy legal proceedings settled, resolved or withdrawn. Gauzy has a binding $7 million PIPE equity commitment led by management, with up to $4 million earmarked to promptly satisfy priority employee claims.
The company will pay about $18 million into a Settlement fund over six years starting April 1, 2027, and creditors also receive 20% post‑settlement equity plus up to 70% of net Exit Event proceeds. Post‑settlement, management is expected to hold 50% of fully diluted equity, existing shareholders 30%, and creditors 20%. French subsidiaries remain in separate court‑supervised rehabilitation proceedings.
Gauzy (GAUZ) approved a 1-for-20 reverse share split of its ordinary shares, effective 11:59 p.m. ET on September 10, 2026.
The shares will begin trading on a split-adjusted basis on Nasdaq at the open on September 11, 2026, under the existing ticker GAUZ and a new CUSIP, M4757U114. Every 20 issued and outstanding ordinary shares will automatically convert into one share, with no fractional shares issued; fractions will be rounded down to the nearest whole share. Issued and outstanding shares will decrease from 22,862,718 to approximately 1,143,135 post-split, after settlement of fractional shares. The reverse split will proportionally adjust derivative securities, including notes, options, warrants and RSUs. The company said it believes this action will support compliance with Nasdaq’s minimum bid price rule.
Gauzy (NASDAQ:GAUZ) received a Nasdaq notice on May 19, 2026 for non-compliance with Listing Rule 5250(c)(1) due to its delayed Form 20-F for 2025. The notice adds to an existing minimum bid price deficiency but has no immediate impact on listing or trading.
The company has 60 days, until July 20, 2026, to submit a compliance plan and may receive up to November 11, 2026 to cure. Operations and strategic initiatives are unchanged, but delisting remains a risk if compliance is not regained.
Gauzy (Nasdaq: GAUZ) received a Nasdaq notice on March 17, 2026 for failing to meet the $1.00 minimum bid price under Nasdaq Listing Rule 5450(a)(1) after 30 consecutive business days below $1.00.
The company has a 180-calendar-day compliance period until September 14, 2026 and may seek an additional 180 days or consider a reverse stock split to regain compliance; trading and operations continue without immediate effect.
Gauzy (Nasdaq: GAUZ) appointed Joseph Tenne to its Board and audit committee chair, joining recent directors Michael Martin, Shlomo Bibas and Renah Persofsky.
With these additions, Gauzy regained compliance with Nasdaq listing rules on board and committee independence, reinforcing governance as the company pursues growth in vision and light control technologies.
Gauzy (Nasdaq: GAUZ) initiated a public call for tenders for buyers or investors on March 10, 2026, relating to three French subsidiaries — Gauzy SAS, Safety Tech, and Vision Systems — which are under court-supervised reorganization (redressement judiciaire) opened on November 13, 2025.
Interested parties may request access to an electronic data room under confidentiality and contact the court-appointed judicial administrators. Operations of the three subsidiaries continue during the observation period, and continuation plans remain possible. Gauzy also appointed three new board members — Shlomo Bibas, Michael Martin, and Renah Persofsky — to strengthen governance and support long-term strategic growth.
Gauzy (NASDAQ: GAUZ) received a Nasdaq notice that it is not in compliance with listing rules because recent board resignations left the board composed solely of non-independent directors. The Company has 45 calendar days, until March 20, 2026, to appoint independent directors or submit a compliance plan; Nasdaq may grant up to 180 days if a plan is accepted. The Company’s ordinary shares will continue to trade uninterrupted on Nasdaq while it seeks qualified independent director candidates, but there is no assurance it will regain compliance.