STOCK TITAN

Gauzy (NASDAQ: GAUZ) creditors to vote on plan to avoid insolvency

(Neutral)
(Neutral)
Form Type
6-K

Rhea-AI Filing Summary

Gauzy Ltd. (GAUZ) reports that court-appointed administrators have scheduled meetings of its creditors on August 27, 2026 to vote on a previously disclosed proposed Debt Settlement.

The Debt Settlement was proposed under Section 10 of the Insolvency and Economic Rehabilitation Law, 5778-2018 in order to avoid the commencement of insolvency proceedings against the company. Creditors may vote in person, by Zoom, or by written ballot submitted by noon Israel time on August 27, 2026. A court hearing to consider approval of the Debt Settlement is scheduled for September 6, 2026 at 9:30 a.m. (Israel time).

Positive

  • None.

Negative

  • Debt Settlement sought to avoid insolvency proceedings: Gauzy states that the proposed Debt Settlement is being pursued under Section 10 of the Insolvency and Economic Rehabilitation Law, 5778-2018 specifically "in order to avoid the commencement of insolvency proceedings against the Company," highlighting elevated financial distress risk.
  • Outcome of restructuring process is uncertain: Approval of the Debt Settlement depends on creditor votes at the August 27, 2026 meetings and court approval at the September 6, 2026 hearing, and Gauzy notes the risk that the settlement may not be approved or become effective, affecting its ability to avoid insolvency proceedings.
Creditors’ meetings date August 27, 2026 Date on which Gauzy’s creditors are scheduled to vote on the proposed Debt Settlement
Ballot submission deadline 12:00 p.m. (noon) Israel time on August 27, 2026 Deadline for written ballots to be submitted to the administrator
Court hearing date and time September 6, 2026 at 9:30 a.m. (Israel time) Scheduled hearing of the Tel Aviv-Jaffa District Court to consider approval of the Debt Settlement
Legal basis for Debt Settlement Section 10 of the Insolvency and Economic Rehabilitation Law, 5778-2018 Statutory provision under which Gauzy proposed the Debt Settlement
Debt Settlement financial
"to vote on the Company’s previously disclosed proposed debt settlement described"
A debt settlement is an agreement where a borrower negotiates to pay less than the full amount owed to creditors in exchange for closing the obligation. Think of it like settling a disputed bill for a lower price to avoid continued collection; for investors, it can immediately reduce a company’s reported liabilities but may signal financial distress, hurt credit ratings, trigger one-time losses, or change future borrowing costs.
Insolvency and Economic Rehabilitation Law, 5778-2018 regulatory
"proposed by the Company pursuant to Section 10 of the Insolvency and Economic Rehabilitation Law, 5778-2018"
creditors’ meetings financial
"the Court will convene meetings of the Company’s creditors on Thursday, August 27, 2026"
forward-looking statements regulatory
"Cautionary Statement Regarding Forward-Looking Statements This Report contains forward-looking statements"
Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.

FAQ

What did Gauzy Ltd. (GAUZ) announce in this Form 6-K?

Gauzy announced that court-appointed administrators have scheduled creditors’ meetings on August 27, 2026 for creditors to vote on a previously disclosed Debt Settlement proposed by the company to address its debts and avoid insolvency proceedings.

When will Gauzy (GAUZ) creditors vote on the proposed Debt Settlement?

Creditors of Gauzy will vote on the proposed Debt Settlement on August 27, 2026. They may participate in person, via Zoom, or by written ballot submitted to the administrator by 12:00 p.m. (noon) Israel time on the same date.

What is the purpose of Gauzy’s (GAUZ) proposed Debt Settlement?

Gauzy states that the Debt Settlement is proposed under Section 10 of the Insolvency and Economic Rehabilitation Law, 5778-2018 specifically "in order to avoid the commencement of insolvency proceedings" against the company.

When is the court hearing on Gauzy’s (GAUZ) Debt Settlement scheduled?

The Tel Aviv-Jaffa District Court has set a hearing to consider approval of Gauzy’s Debt Settlement for September 6, 2026 at 9:30 a.m. (Israel time), before Judge Noa Grossman.

What risks does Gauzy (GAUZ) highlight regarding the Debt Settlement?

Gauzy notes risks including whether requisite creditor votes will be obtained, whether the Court will approve the Debt Settlement or it will become effective, and the company’s ability to avoid insolvency proceedings if it is not approved or does not become effective.

Who are the administrators overseeing Gauzy’s (GAUZ) Debt Settlement process?

The process is overseen by administrators Adv. Ehud Gindes of Goldblatt Gindes Yariv – Law Offices and Adv. (CPA) Simion Kidar of Gissin & Co., Law Offices, appointed by the Tel Aviv-Jaffa District Court.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

Form 6-K

 

Report of Foreign Private Issuer

Pursuant to Rule 13a-16 or 15d-16

under the Securities Exchange Act of 1934

 

For the month of August 2026

Commission file number: 001-42124

 

GAUZY LTD.

(Translation of registrant’s name into English)

 

14 Hathiya Street

Tel Aviv, Israel

(Address of principal executive offices)

 

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

 

Form 20-F ☒ Form 40-F ☐

 

 

 

 

 

 

CONTENTS

 

Scheduling of Creditors’ Meetings Regarding Proposed Debt Settlement

 

On Monday, August 24, 2026, Adv. Ehud Gindes of Goldblatt Gindes Yariv – Law Offices and Adv. (CPA) Simion Keidar of Gissin & Co., Law Offices, in their capacity as the administrators (the “Administrators”) appointed by the Tel Aviv-Jaffa District Court (the “Court”) to assist in the drafting, approval and implementation of a proposed debt settlement of Gauzy Ltd. (the “Company”) in Case No. 51175-03-26, published a notice (the “Notice”) announcing that, pursuant to a decision of the Honorable Judge Noa Grossman, the Court will convene meetings of the Company’s creditors on Thursday, August 27, 2026 to vote on the Company’s previously disclosed proposed debt settlement described in Motion No. 31 filed with the Court, including any clarification or update made in connection with such proposal prior to its approval by the Court (the “Debt Settlement”).

 

The Debt Settlement has been proposed by the Company pursuant to Section 10 of the Insolvency and Economic Rehabilitation Law, 5778-2018, in order to avoid the commencement of insolvency proceedings against the Company.

 

The creditors’ meetings will be held on Thursday, August 27, 2026, in person at the offices of Goldblatt Gindes Yariv – Law Offices, 7 Menachem Begin Street (Beit Gibor Sport), Ramat Gan, Israel or by video conference via Zoom, as follows:

 

Preferential creditors – 3:00 p.m. (Israel time);

 

Secured creditors – 4:00 p.m. (Israel time); and

 

General (unsecured) creditors – 5:00 p.m. (Israel time).

 

Creditors wishing to participate in a meeting by Zoom are requested to contact the Administrators by email no later than 12:00 p.m. (noon) Israel time on August 27, 2026 in order to receive a link to the applicable meeting. Creditors are not required to attend a meeting in order to vote and may instead vote by way of a written ballot; written ballots are required to be submitted to the office of Adv. (CPA) Simion Kidar, as Administrator, no later than 12:00 p.m. (noon) Israel time on August 27, 2026, by fax or email, with a request that the creditor confirm receipt of the submission by telephone.

 

The Court has scheduled a hearing to consider approval of the Debt Settlement for September 6, 2026, at 9:30 a.m. (Israel time).

 

The Administrators may be contacted as follows:

 

Adv. Ehud Gindes

 

Goldblatt Gindes Yariv – Law Offices

7 Menachem Begin Street (Beit Gibor Sport), Ramat Gan

Tel: 03-7549933; Fax: 03-7549934

Email: ggy@ggy-law.com

 

Adv. (CPA) Simion Kidar

 

Gissin & Co., Law Offices

28 HaBarzel Street, Tel Aviv 69710

Tel: 03-7467777; Fax: 03-7467700

Email: office@gissinlaw.co.il

 

The information in this Report on Form 6-K (this “Report”) is being furnished and shall not be deemed “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that Section, nor shall it be deemed incorporated by reference in any filing made by the Company under the Securities Act of 1933, as amended, or the Exchange Act, except as otherwise set forth herein or as shall be expressly set forth by specific reference in such a filing.

 

Cautionary Statement Regarding Forward-Looking Statements

 

This Report contains forward-looking statements. Forward-looking statements contained in this Report include, but are not limited to, statements regarding the Debt Settlement, the timing and outcome of the creditors’ meetings and the Court hearing described above, and Gauzy’s strategic and business plans, objectives and expectations for its business and its future results, operations and financial performance and condition, and may be identified by the use of words such as “may,” “seek,” “will,” “consider,” “likely,” “assume,” “estimate,” “expect,” “anticipate,” “intend,” “believe,” “do not believe,” “aim,” “predict,” “plan,” “project,” “continue,” “potential,” “guidance,” “objective,” “outlook,” “trends,” “future,” “could,” “would,” “should,” “target,” “on track” or their negatives or variations, and similar terminology and words of similar import. All statements other than statements of historical fact are forward-looking statements. Forward-looking statements reflect Gauzy’s current views, plans, or expectations with respect to future events and financial performance and are inherently subject to significant business, economic, competitive, and other risks, uncertainties, and contingencies, including, without limitation: whether the requisite creditor votes to approve the Debt Settlement will be obtained at the creditors’ meetings; whether the Court will approve the Debt Settlement at the hearing scheduled for September 6, 2026 or at all and whether the Debt Settlement will become effective on the terms described or at all; the Company’s ability to avoid the commencement of insolvency proceedings if the Debt Settlement is not approved or does not become effective; and the other risks and uncertainties described in the Company’s reports filed or furnished from time to time with the Securities and Exchange Commission, including the risks detailed in the Company’s Annual Report on Form 20-F filed with the SEC on March 11, 2025 and its subsequent Reports on Form 6-K. Forward-looking statements speak only as of the date on which they are made, and Gauzy undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future developments, or otherwise, except as otherwise required by law.

 

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SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

Date: August 24, 2026 GAUZY LTD.
   
  By:   /s/ Eyal Peso  
  Name: Eyal Peso
  Title: Chief Executive Officer

 

 

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