Dividends & Buybacks ·
Gauzy Ltd. has issued a notice for a Special General Meeting of Shareholders to be held on August 31, 2026
GAUZGauzy Ltd.
Gauzy Ltd. has issued a notice for a Special General Meeting of Shareholders to be held on August 31, 2026. Shareholders will vote on a proposal authorizing the Board of Directors to implement one or more reverse share splits at an aggregate ratio between 1-for-2 and 1-for-1,000 at any time before December 31, 2027. The company seeks this authorization to regain compliance with Nasdaq's $1.00 minimum bid price requirement, which is a prerequisite for a $7,000,000 PIPE financing transaction and a proposed debt settlement. Gauzy is currently facing insolvency-related proceedings in France and Israel and has non-compliance issues regarding SEC periodic reporting. Gauzy Ltd. develops smart-glass and light- and vision-control technologies for the automotive, aeronautics, and architectural markets.