Gauzy raises $7 million in private placement to fund court-approved debt settlement
GAUZ•Gauzy closed a $7 million private placement led by CEO Eyal Peso to fully finance a court-approved settlement resolving about $61 million in pre-petition liabilities. Trustees will refund $1.64 million unless Safety Tech SAS’s French continuation plan receives court approval by November 13, 2026.
1. Placement funds settlement
Gauzy closed the $7 million private placement on October 15, 2026, led by CEO Eyal Peso. Investors purchased 2,383,279 ordinary shares at $2.9371 each, and settlement trustees will receive another 953,311 shares. The funding fully finances the court-approved settlement, which resolves approximately $61 million in pre-petition liabilities.
2. Refund condition
Trustees will refund $1.64 million unless Safety Tech SAS’s French continuation plan receives court approval by November 13, 2026. Shares corresponding to any refunded investment will be canceled.
