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Research Frontiers Welcomes Gauzy’s Court-Approved Restructuring and the Restart of SPD-Smart Light Control Film Production
GlobeNewswire Inc.·
Gauzy Ltd., a licensee of Research Frontiers' SPD-SmartGlass technology, has received final court approval for its debt restructuring with support from 98.96% of creditors. The approval enables Gauzy to restart production of SPD light-control film in Germany and SPD emulsion in Israel, supporting existing programs and new initiatives including black SPD film and architectural retrofit products.
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