Gauzy shares rise 10.86% intraday after securing $12M funding led by existing investors and senior lender to strengthen liquidity and operations.

Gauzy surged 10.86% intraday after announcing a $12 million funding round led by existing investors and senior lender Orion Infrastructure Capital. The financing aims to strengthen liquidity, operational execution, and long-term value creation, with the CEO emphasizing it as a "pivotal milestone" for the company’s balance sheet. While the stock faced prior declines due to insolvency proceedings in French subsidiaries and a securities class action investigation, the recent capital raise signaled renewed stakeholder confidence, directly aligning with the intraday rally.