Core Viewpoint - Gauzy Ltd. is facing legal action due to alleged securities fraud, with a deadline for investors to file a lead plaintiff motion by February 6, 2026 [1][6]. Group 1: Company Situation - On November 14, 2025, Gauzy announced that the Commercial Court of Lyon, France, ordered insolvency proceedings for three of its subsidiaries in France, which are aimed at preserving the business and operations while repaying creditors [3]. - The commencement of these insolvency proceedings constitutes a default under the Company's existing senior secured debt facilities, potentially leading to further defaults if not remedied [3]. - The Company will not release its third-quarter financial results as previously planned due to these proceedings [3]. Group 2: Market Reaction - Following the announcement of the insolvency proceedings, Gauzy's share price fell by $2.00 per share, or 49.8%, closing at $2.02 per share on November 17, 2025, with unusually heavy trading volume [4]. Group 3: Lawsuit Details - The class action lawsuit alleges that during the Class Period, the Defendants made materially false and misleading statements and failed to disclose adverse facts about the Company's financial situation, including the inability of its French subsidiaries to meet their debts [5]. - The lawsuit claims that the Defendants' positive statements regarding the Company's business and prospects were materially misleading and lacked a reasonable basis due to the impending insolvency [5].
Deadline Approaching: Gauzy Ltd. (GAUZ) Shareholders Who Lost Money Urged To Contact Law Offices of Howard G.