Company: GAUZ
Filing Date: 2025-03-11
Form Type: 20-F
Source: 0001213900-25-022437
Chunk: 7

Company: Gauzy Ltd.
Filing Date: 2025-03-11
Form: 20-F
Item: Item 4
Chunk 7
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, which would occur if the aggregate worldwide market
value of our ordinary shares, including ordinary shares represented by warrants, held by non-affiliates is at least $700 million as of
the last business day of our most recently completed second fiscal quarter; or (iv) the date on which we have issued more than $1.0 billion
in non-convertible debt securities during any three-year period.

We
report under the Exchange Act as a non-U. S. company with foreign private issuer status. Even after we no longer qualify as an emerging
growth company, as long as we continue to qualify as a foreign private issuer under the Exchange Act, we will be exempt from certain
provisions of the Exchange Act that are applicable to U. S. domestic public companies, including:

  the                                                                                              

  the                                                                                              

  the                                                                                          
  rules under the Exchange Act requiring the filing with the SEC of quarterly reports on Form  
  10-Q containing unaudited financial statements and other specified information, and current  
  reports on Form 8-K upon the occurrence of specified significant events.                     
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We are required to file
an annual report on Form 20-F within four months of the end of each fiscal year. In addition, we intend to publish our financial results
on a quarterly basis through press releases, distributed pursuant to the rules and regulations of the Nasdaq. Press releases relating
to financial results and material events will also be furnished to the SEC on Form 6-K. However, the information we are required to file
with or furnish to the SEC will be less extensive and less timely compared to that required to be filed with the SEC by U. S. domestic
issuers. As a result, you may not be afforded the same protections or information, which would be made available to you, were you investing
in a U. S. domestic issuer.

We
may take advantage of these exemptions until such time as we are no longer a foreign private issuer. We would cease to be a foreign private
issuer at such time as more than 50% of our outstanding voting securities are held by U. S. residents and any of the following three circumstances
applies: (i) the majority of our executive officers or directors are U. S. citizens or residents; (ii) more than 50% of our assets are
located in the United States; or (iii) our business is administered