Gauzy Ltd. Closes $75 Million Initial Public Offering

6-KIPO / ListingneutralImpact70

GAUZ Price

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N/A$0.00 (+0.00%)

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Filing Brief

Gauzy Ltd. has completed its initial public offering, raising $75 million in gross proceeds

Summary

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Gauzy Ltd. announced the closing of its initial public offering, generating $75 million in aggregate gross proceeds, prior to deducting underwriting discounts and other offering expenses. The company sold 4,411,765 ordinary shares at a public offering price of $17.00 per share. Gauzy's ordinary shares began trading on the Nasdaq Global Market under the symbol "GAUZ" on June 6, 2024. The net proceeds are intended for production line expansion, research and development, marketing, an earn-out payment, working capital, and general corporate purposes

Score70

Score Rationale

neutral

The successful closing of the IPO provides the company with significant capital and marks its official listing on Nasdaq, resolving prior uncertainty.

Key Evidence

Gauzy Ltd. announced the closing of its initial public offering.
The offering was for 4,411,765 ordinary shares at $17.00 per share.
Aggregate gross proceeds totaled $75 million.
Ordinary shares began trading on Nasdaq Global Market under "GAUZ" on June 6, 2024.

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GAUZ Market Context

SectorTechnology

IndustryHardware & Electronics

Market Cap$7.31M

Shares Outstanding18.74M

Public Float12.69M

Public Float %67.7%

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Original Filing Text

SEC filing text preserved from the raw item store.

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

Form 6-K

Report of Foreign Private Issuer

Pursuant to Rule 13a-16 or 15d-16

under the Securities Exchange Act of 1934

For the month of June 2024

Commission file number: 001-42124

GAUZY LTD.

(Translation of registrant’s name into English)

14 Hathiya Street

Tel Aviv, Israel

(Address of principal executive offices)

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

Form 20-F ☒ Form 40-F ☐

CONTENTS

Attached hereto and incorporated herein is the registrant’s: (i) press release issued on June 6, 2024, titled “Gauzy Ltd. Announces Pricing of $75 Million Initial Public Offering”; and (ii) press release issued on June 7, 2024, titled “Gauzy Ltd. Announces Closing of $75 Million Initial Public Offering.”

EXHIBIT INDEX

Exhibit No.
99.1		Press release titled: “Gauzy Ltd. Announces Pricing of $75 Million Initial Public Offering”.
99.2		Press release titled: “Gauzy Ltd. Announces Closing of $75 Million Initial Public Offering.”

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

	Gauzy Ltd.

Date: June 7, 2024	By:	/s/ Eyal Peso
	Name:	Eyal Peso
	Title:	Chief Executive Officer