Gauzy wins court approval of Israel debt settlement resolving about $61 million legacy liabilities

A $7 million PIPE led by CEO Eyal Peso funds working capital, fees, and priority employee payments of up to $4 million.

Monthly payments start April 1, 2027 for 72 months, totaling about $18 million, with creditors also entitled to 70% of exit-event proceeds.

Gauzy won final Tel Aviv-Jaffa District Court sign-off for a comprehensive debt settlement, effective Sept. 8, 2026.

The plan resolves about $61 million of pre-petition liabilities, spanning secured, employee, priority, and unsecured claims.

Creditors backing the settlement represented 98.96% of voting claims, including 100% support from secured lenders.