Core Viewpoint - Gauzy Ltd. has received a notification from Nasdaq regarding non-compliance with continued listing requirements due to the lack of independent directors on its Board of Directors following recent resignations [1][2]. Group 1: Compliance and Governance - The notification indicates that the Company does not meet Nasdaq Listing Rules 5605(b)(1), 5605(c)(2), and 5605(d)(2) related to board and committee independence [1]. - Gauzy has 45 calendar days, until March 20, 2026, to either appoint sufficient independent directors or submit a compliance plan to Nasdaq [2]. - The Company is actively seeking qualified independent director candidates and is committed to strong corporate governance practices [3]. Group 2: Potential Outcomes - If Nasdaq accepts the compliance plan, the Company may receive an extension of up to 180 calendar days to demonstrate compliance [2]. - Should Nasdaq reject the compliance plan, the Company will be notified of potential delisting, but it has the right to request a hearing [2]. - There is no assurance that the Company will successfully regain compliance within the required timeframe [3]. Group 3: Company Overview - Gauzy Ltd. specializes in vision and light control technologies, with operations in various countries including Germany, France, the United States, Canada, China, Singapore, and the United Arab Emirates [4]. - The Company serves leading brands across industries such as aeronautics, automotive, and architecture in over 60 countries [4].

Core Viewpoint - Gauzy Ltd. is undergoing significant management changes and has announced a $50 million equity line of credit proposal to address liquidity challenges and support ongoing operations [1][3][4] Management Changes - Meir Peleg, the Chief Financial Officer, has decided to resign but will remain until April 10, 2026, to ensure a smooth transition [2] - Dan Oshri, the current Executive Vice President of Finance, has been appointed as the Interim Chief Financial Officer [2] - Lilach Payorski and Alexander Babitsky have stepped down from the Board of Directors, with plans to strengthen the Board with experienced independent individuals [3] Financial Position and Liquidity - The company has entered into a term sheet for a $50 million equity line of credit facility to manage liquidity challenges [3] - The proposed facility allows the company to draw down funds at its discretion over a 36-month period following SEC effectiveness of a Form F-1 registration statement [3][4] - The completion of the facility is subject to negotiation of definitive agreements and customary closing conditions [4] Company Overview - Gauzy Ltd. specializes in vision and light control technologies, focusing on research, development, manufacturing, and marketing [5] - The company operates globally, with subsidiaries in multiple countries, serving various industries including aeronautics, automotive, and architecture [6]

Core Insights - Gauzy Ltd. has successfully raised $12 million in new funding from existing investors and a senior lender, indicating strong confidence in the company's business model and growth trajectory [1][3] - The financing aims to enhance liquidity, operational execution, and long-term value creation, with plans for additional funding to ensure a well-capitalized business [2] Financial and Operational Updates - The company has provided nearly $8 million to its French subsidiaries facing insolvency proceedings, and these subsidiaries are actively appealing the court's findings while continuing operations to meet customer demand [3] - Gauzy's management is engaged with various stakeholders, including clients and suppliers, to navigate the insolvency process and secure new business opportunities [3] Board Composition Changes - Two board members, Alejandro Weinstein and Yishai Klein, have stepped down to pursue other interests but continue to support the company in its strategic initiatives and funding efforts [4][5]

Core Viewpoint - Gauzy Ltd. has announced the commencement of insolvency proceedings for its French subsidiaries, which the company strongly opposes and plans to appeal while ensuring business continuity [1][2][5]. Group 1: Insolvency Proceedings - The Commercial Court of Lyon ordered the commencement of French law insolvency proceedings ("Redressement Judiciaire") for three of Gauzy's subsidiaries in France on November 13, 2025 [2]. - The court appointed two administrators and a creditor representative to oversee the proceedings [2]. - Gauzy plans to appeal the court's decision to the Court of Appeal of Lyon as soon as possible [5]. Group 2: Financial Commitment and Operations - Over the past three and a half years, Gauzy has invested over $50 million in its operations in France [3]. - The company is working with the court-appointed administrators to resolve the insolvency matter while maintaining normal operations to meet customer demand [2][3]. Group 3: Company Background - Gauzy Ltd. is a fully-integrated company focused on vision and light control technologies, with operations in multiple countries including Germany, the United States, and China [6]. - The company serves leading brands across various industries, including aeronautics and automotive, in over 60 countries [6].

Core Viewpoint - Gauzy Ltd. will release its financial results for Q3 2025 on November 14, 2025, before market opening, followed by a conference call to discuss the results [1]. Company Overview - Gauzy Ltd. is a fully-integrated company specializing in light and vision control technologies, focusing on research, development, manufacturing, and marketing [4]. - The company is headquartered in Tel Aviv, Israel, with subsidiaries in Germany, France, the United States, Canada, China, Singapore, and the United Arab Emirates, serving clients in over 60 countries [4]. Conference Call Details - The conference call will take place at 8:30 a.m. EDT on November 14, 2025, and can be accessed via U.S. Toll Free (800) 717-1738 or International (646) 307-1865 [2]. - An audio replay of the conference call will be available for one week after the event, accessible through U.S. Toll Free (844) 512-2921 or International (412) 317-6671 with access code 1112120 [3].

Core Viewpoint - Gauzy Ltd. announced the resignation of Michael Donnelly from its Board of Directors for personal reasons, effective immediately, while expressing gratitude for his contributions to the company [1][2]. Company Overview - Gauzy Ltd. is a fully-integrated company specializing in vision and light control technologies, focusing on research, development, manufacturing, and marketing to enhance user experiences across various industries [3]. - The company is headquartered in Tel Aviv, Israel, with subsidiaries in Germany, France, the United States, Canada, China, Singapore, and the United Arab Emirates, serving leading brands in aeronautics, automotive, and architecture across over 60 countries [3]. Leadership Commentary - Michael Donnelly expressed his privilege in working with Gauzy and optimism about the company's future growth and shareholder value creation [2]. - Eyal Peso, Co-Founder and CEO, acknowledged Donnelly's instrumental role in the company's growth and long-term strategy development, wishing him success in future endeavors [2]. Board Dynamics - The Board and management of Gauzy expressed appreciation for Donnelly's service, confirming that his resignation was not due to any disagreement with the company or its management [2].

Company Overview - Gauzy Ltd. is a fully-integrated light and vision control company focused on research, development, manufacturing, and marketing of vision and light control technologies [2] - The company is headquartered in Tel Aviv, Israel, with subsidiaries in Germany, France, the United States, Canada, China, Singapore, and the United Arab Emirates [2] - Gauzy serves leading brands across aeronautics, automotive, and architecture in over 60 countries through direct fulfillment and a certified distribution channel [2] Event Announcement - Gauzy Ltd. will have its senior management attend the B. Riley Securities Consumer & TMT Conference on September 10, 2025, in New York [1]

Financial Performance - Q2 2025 revenues reached $20.1 million [9], while gross margin was 21.4% [9] - The company raised $15 million in bank debt at favorable rates and terms [9] - Q2 2025 revenue increased by 22.4% year-over-year compared to Q2 2024 [27] - Adjusted EBITDA for Q2 2025 was $(8.7) million, a year-over-year growth of -$4.8 million [27] - The company reaffirms full year 2025 revenue guidance of $130-140 million, representing a 26-35% year-over-year growth [9, 34] Backlog and Pipeline - Purchase order backlog reached $43 million, up $7 million [9] - The company has a contracted backlog of $409 million minimum revenue expected to realize over 10 years [17] - The company expects to realize over $1 billion in contracted & uncommitted revenue over 10 years [17] - Over 80% of 2024 revenues are recurring in nature [25] Segment Performance - Aeronautics revenue for Q2 2025 was $6.9 million, a decrease of 31.7% year-over-year [30] - Architecture revenue for Q2 2025 was $2.5 million, a decrease of 5.2% year-over-year [30] - Automotive revenue for Q2 2025 was $1.4 million, an increase of 54.1% year-over-year [30] - Safety-Tech revenue for Q2 2025 was $9.3 million, a decrease of 14.1% year-over-year [30]

Core Viewpoint - Gauzy Ltd. will release its financial results for the second quarter ended June 30, 2025, on August 13, 2025, before market opening, followed by a conference call to discuss the results [1]. Company Overview - Gauzy Ltd. is a fully-integrated company specializing in light and vision control technologies, focusing on research, development, manufacturing, and marketing [4]. - The company is headquartered in Tel Aviv, Israel, with subsidiaries in Germany, France, the United States, Canada, China, Singapore, and the United Arab Emirates [4]. - Gauzy serves leading brands across various industries, including aeronautics, automotive, and architecture, in over 60 countries [4]. Conference Call Details - The conference call will take place at 8:30 a.m. EDT on August 13, 2025, and can be accessed via U.S. Toll Free (800) 717-1738 or International (646) 307-1865 [2]. - An audio replay of the conference call will be available for one week after the event, accessible through U.S. Toll Free (844) 512-2921 or International Toll (412) 317-6671 with access code 1112120 [3].

Company Overview - Gauzy Ltd. is a global leader in vision and light control technologies, focusing on research, development, manufacturing, and marketing of these technologies to enhance user experiences across various industries [2] - The company is headquartered in Tel Aviv, Israel, with subsidiaries in Germany, France, the United States, Canada, China, Singapore, and the United Arab Emirates, serving leading brands in aeronautics, automotive, and architecture across over 60 countries [2] Insider Purchases - Significant insider purchases were announced, totaling 560,000 ordinary shares, with 210,000 shares purchased by CEO and Co-Founder Eyal Peso and 350,000 shares by Alejandro Weinstein, the second largest investor and director nominee [1] - The private transaction was negotiated and signed in the first half of June 2025, with Peso's investment financed entirely through a personal loan, indicating strong confidence in the company [1]