Brief: Gauzy Announces Court-Approved Resolution Of Legacy Debt Following 98.96% Creditor Vote
BRIEF-Gauzy Announces Court-Approved Resolution Of Legacy Debt Following 98.96% Creditor Vote Sept 18 (Reuters) - Gauzy Ltd GAUZ.O:
GAUZY ANNOUNCES COURT-APPROVED RESOLUTION OF LEGACY DEBT FOLLOWING OVERWHELMING 98.96% CREDITOR VOTE, INCLUDING 100% OF SECURED LENDERS
GAUZY - RECEIVES $7 MILLION EQUITY INVESTMENT COMMITMENT LED BY MANAGEMENT
GAUZY - TO PAY ABOUT $18 MILLION INTO SETTLEMENT FUND OVER 72 MONTHS STARTING APRIL 1, 2027
GAUZY - POST-SETTLEMENT GAUZY OWNERSHIP: MANAGEMENT 50%, CREDITORS 20%, EXISTING SHAREHOLDERS 30%
Source text: ID:nGNXC6RzV
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