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​Gauzy stock plummets after French subsidiaries enter insolvency

Gauzy Ltd. saw its shares drop 48.5% in premarket trading after revealing that three of its French subsidiaries have entered insolvency proceedings. On November 13, the Commercial Court of Lyon initiated…

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The Romanian government, the principal creditor of the financially distressed Liberty Galati steel mill (part of Liberty Steel Group), has reversed its stance and agreed to sell the company's core assets…

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​Gauzy stock plummets after French subsidiaries enter insolvency
Gauzy Ltd. saw its shares drop 48.5% in premarket trading after revealing that three of its French subsidiaries have entered insolvency proceedings. On November 13, the Commercial Court of Lyon initiated Redressement Judiciaire - a judicial reorganization process designed to preserve operations, protect jobs, and repay creditors while enabling recovery. In response, Gauzy postponed its third-quarter 2025 financial results, originally set for November 14.

The Tel Aviv based company said it strongly disagrees with the ruling and intends to appeal promptly, though the proceedings will continue during the appeals process. CEO Eyal Peso emphasized that Gauzy has invested over $50 million in its French operations in recent years and considers the court’s decision unwarranted. The firm is working with court-appointed administrators to maintain normal operations and ensure its subsidiaries can meet financial obligations.

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