Company: GAUZ
Filing Date: 2025-07-03
Form Type: F-3
Source: 0001213900-25-061387
Chunk: 12

Company: Gauzy Ltd.
Filing Date: 2025-07-03
Form: F-3
Chunk 12
---
 or other hostilities, nor can we predict how future developments will ultimately
affect our business, operations and financial condition or Israel’s economy in general. While ceasefires are entered into from time
to time, if any ceasefires collapse, a new war or hostilities commence or hostilities escalate or expand to other fronts, our operations
may be adversely affected. These situations may potentially escalate in the future to more violent events or into a greater regional conflict,
which may adversely affect Israel and us.

Many Israeli citizens are obligated to perform
annual military reserve duty for periods ranging from several days to several weeks until they reach the age of 40 (or older, for reservists
who are military officers or who have certain occupations) and, in the event of a military
conflict, may be called to active duty. For example, in connection with the Israeli security cabinet’s declaration of war against
Hamas and possible hostilities with other organizations, the Israeli military called up several hundred thousand of its reserves for active
service. Our employees, including a member of our management, may be called up for service in the current or any future military conflict.
Although to date our operations have not been disrupted by such call-ups, we cannot assure that this will be the case in the future. Such
disruption could materially adversely affect our business, financial condition and results of operations.

Our commercial insurance does not cover losses
that may occur as a result of events associated with war and terrorism. Although the Israeli government currently covers certain damages
that are caused by terrorist attacks or acts of war, we cannot assure you that this government coverage will be maintained or that it
will sufficiently cover our potential damages. Any losses or damages incurred by us could have a material adverse effect on our business,
financial condition and results of operations.

Furthermore, Israel and Israeli companies have
been, from time to time, subjected to economic boycotts. Several countries still restrict
business with Israel and with Israeli companies. These restrictive laws and policies may have an adverse impact on our financial condition,
results of operations or the expansion of our business. A campaign of boycotts, divestment and sanctions has been undertaken against Israel
and Israeli companies, which could also adversely impact our business.

<div align='center'>5

OFFER STATISTICS AND EXPECTED TIMETABLE</div>

We may sell from time to time pursuant to this
prospectus (as may be detailed in a prospectus supplement) an indeterminate number of ordinary shares, warrants to purchase ordinary