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Gauzy Announces $7 Million Private Placement Led by Management to Fund Court-Approved Settlement
GlobeNewswire Inc.·
Gauzy Ltd. (Nasdaq: GAUZ) announced a $7 million private investment in public equity (PIPE) led by CEO Eyal Peso to finance a court-approved settlement resolving approximately $61 million in legacy debt. The offering closed on October 15, 2026, with 2.38 million ordinary shares issued at $2.9371 per share. The company aims to focus on executing its backlog across Architecture, Automotive, Aviation, and Rail markets following the debt resolution.
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