Gauzy Announces Court-Approved Resolution Of Legacy Debt Following 98.96% Creditor Vote - GAUZ News | RalliesGauzy Announces Court-Approved Resolution Of Legacy Debt Following 98.96% Creditor Vote
G
GAUZ• Court-approved debt resolution
- Gauzy announces court-approved resolution of legacy debt following overwhelming 98.96% creditor vote, including 100% of secured lenders.
- Gauzy receives $7 million equity investment commitment led by management.
- Gauzy will pay about $18 million into the settlement fund over 72 months starting April 1, 2027.
- Post-settlement Gauzy ownership: management 50%, creditors 20%, existing shareholders 30%.
•
