Nasdaq Moves to Delist Gauzy; Company Appeals to Stay Listing
GAUZ sits 36% above its 52-week low of $4.606 on light trading volume (0.1× avg).
Summary
Nasdaq has determined to delist Gauzy's securities from the Nasdaq Global Market, citing failure to regain compliance with the $1 minimum bid price rule and failure to file its Form 20-F for fiscal 2025. The company intends to appeal, which will stay the delisting pending a hearing before the Nasdaq Hearings Panel. This follows the recent court approval of its debt settlement, which resolved approximately $61 million in legacy liabilities. The delisting notice adds significant uncertainty to the company's listing status, though shares will continue to trade during the appeal process. The appeal hearing date has not been announced.
Updates
· SEC 6-K — The 6-K attaches the press release dated September 21, 2026, and notes the delisting notice was dated September 15, 2026.
At the time of this announcement, GAUZ was trading at $6.25 on NASDAQ in the Technology sector, with a market capitalization of approximately $7.4M. The 52-week trading range was $4.61 to $141.60. This news item was assessed with negative market sentiment and an importance score of 8 out of 10. Source: GlobeNewswire.