Gauzy wins court approval for $61 million debt settlement and $7 million equity commitment

  • Gauzy secured final court approval for its comprehensive debt settlement.
  • Creditors representing 98.96% of voting claims approved the plan, including all secured lenders.
  • Research Frontiers said funding is beginning to restart SPD production in Germany and Israel.

Gauzy Ltd. received final approval effective September 8, 2026, from the Tel Aviv-Jaffa District Court for a comprehensive settlement covering approximately $61 million of pre-petition liabilities under Israel’s Insolvency and Economic Rehabilitation Law, 5758-2018. Creditors representing 98.96% of voting claims across every class supported the plan, including 100% of Gauzy’s secured lenders. Gauzy also secured a binding commitment for $7 million of new equity through a PIPE led by Chief Executive Officer Eyal Peso and other investors aligned with management. Research Frontiers, Gauzy’s long-standing licensee, said funding and operations are beginning to support the restart of SPD film production in Germany and SPD emulsion production in Israel. The companies said renewed production will support existing automotive, aircraft, marine and architectural smart-glass programs, as well as black SPD film and architectural retrofit products.

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