Gauzy Ltd. announced that the Tel Aviv-Jaffa District Court granted final approval on September 8, 2026, for its comprehensive debt settlement under Israel’s Insolvency and Economic Rehabilitation Law. The court-approved plan resolves approximately $61 million in pre-petition liabilities with overwhelming creditor support of 98.96%, including unanimous backing from secured lenders OIC Investment Agent LLC and Bank Mizrahi-Tefahot Ltd. Concurrently, the company secured a $7 million private investment in public equity (PIPE) led by CEO Eyal Peso to fund working capital and priority employee obligations. The settlement establishes a six-year repayment structure beginning April 1, 2027, with monthly payments ranging from $200,000 to $300,000, while creditors receive 20% equity ownership and 70% of exit event proceeds up to their claim amounts. Gauzy Ltd. is a global leader in light and vision control technology, developing smart glass solutions for automotive, architecture, and aviation sectors.
