Gauzy Raises $7 Million in Management-Led Private Placement

Bitget2026/10/16 21:08

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Gauzy closed a $7 million private placement on October 15, 2026, to fund its court-approved debt settlement.
Investors led by CEO Eyal Peso purchased 2,383,279 ordinary shares at $2.9371 per share.
The settlement resolves approximately $61 million in pre-petition liabilities.
Settlement trustees will receive an additional 953,311 ordinary shares.
Purchasers receive $1.64 million refunds, corresponding shares canceled, absent court approval of Safety Tech's French continuation plan by November 13, 2026.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Gauzy Ltd. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-26-110334), on October 16, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Gauzy Raises $7 Million in Management-Led Private Placement

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