Gauzy surged 14.48% in premarket trading following the announcement of a $12 million funding round led by existing investors and its senior lender, Orion Infrastructure Capital. The financing aims to strengthen liquidity, operational execution, and long-term value creation, signaling stakeholder confidence amid ongoing efforts to resolve insolvency proceedings in its French subsidiaries. CEO Eyal Peso highlighted the funding as a "pivotal milestone" for the balance sheet, while board members Alejandro Weinstein and Yishai Klein’s departures were noted as non-disruptive, with both pledging continued support. The move aligns with the company’s strategy to stabilize operations and secure additional capital, countering recent challenges in its French operations.
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