Gauzy Raises $12M In New Cash Funding To Advance Operational Objectives

Gauzy Ltd. (NASDAQ:GAUZ) ("Gauzy" or the "Company"), a global leader in vision and light control technologies, today announced that it has raised an aggregate of $12 million in new cash funding through privately negotiated transactions with existing investors and stakeholders led by Chutzpah Holdings and Orion Infrastructure Capital (OIC), an existing senior lender, to advance the operational objectives of the Company and its subsidiaries.

The financing framework is intended to provide liquidity, reinforce operational execution, and preserve long-term value creation. The Company is continuing to work with its existing stakeholders to secure additional funding to achieve a well-funded, well-capitalized business and expects to provide additional updates on those efforts in the coming weeks.

Board Composition Update

The Company also disclosed that board members Alejandro Weinstein and Yishai Klein have stepped down from their positions as directors to pursue other interests. Both Mr. Weinstein and Mr. Klein have expressed their continued support for Gauzy and remain committed to assisting the Company in its ongoing efforts to execute business operations, strategic initiatives, and secure additional funding beyond the investments announced today.

The Board and management of Gauzy extend their appreciation to Mr. Weinstein and Mr. Klein for their invaluable service and contributions to the Company.