Gauzy closed a private placement of 2,383,279 shares at $2.94 per share for $7 million in gross proceeds, led by CEO Eyal Peso. The financing funds a court-approved insolvency settlement that resolves approximately $61 million of pre-petition liabilities. Post-transaction ownership is split roughly 50% to investors, 20% to trustees, and 30% to existing shareholders. $1.64 million is conditional on French regulatory approval for subsidiary Safety Tech SAS by November 13, 2026. Gauzy develops smart glass solutions for architecture, automotive, aviation, and rail markets.
