Gauzy Faces Nasdaq Delisting Risk Amid Share Price Decline

Gauzy (GAUZ) has received a notice from Nasdaq for failing to meet the $1 minimum bid price rule due to 30 consecutive business days of trading below $1 per share. The company has 180 days to regain compliance by trading at or above $1 for 10 consecutive days. Failure to do so could result in potential delisting. Gauzy is evaluating options, including a possible reverse stock split.