Gauzy Ltd., a global leader in vision and light control technologies, announced it will postpone the release of its third-quarter 2025 financial results. The delay is unrelated to the company’s operational performance and reflects legal developments in France.
On November 13, 2025, the Commercial Court of Lyon ordered the start of French insolvency proceedings (“Redressement Judiciaire”) for three of Gauzy’s subsidiaries in France. The court appointed two administrators and a creditor representative to advise the subsidiaries. Gauzy stated it strongly disagrees with the ruling and plans to appeal to the Court of Appeal of Lyon, while working with the administrators to maintain business continuity.
CEO and co-founder Eyal Peso said,
Over the last three and a half years, Gauzy has invested over $50 million in our people, assets, and operations in France. We fundamentally disagree with this decision and plan to appeal as soon as possible.
He emphasized that the company is committed to protecting its employees, customers, and other stakeholders during this process.
Redressement Judiciaire proceedings aim to preserve business operations, safeguard employment, repay creditors, and enable recovery plans. Gauzy confirmed normal operations in France will continue as it ensures its subsidiaries can meet financial obligations.
Headquartered in Tel Aviv, Israel, Gauzy develops, manufactures, and distributes smart glass technologies for automotive, aeronautics, and architectural sectors. The company operates subsidiaries worldwide, serving customers in over 60 countries.
Source: SEC with additional information added by Glass Balkan
