Company: GAUZ
Filing Date: 2025-12-03
Form Type: 6-K
Source: 0001213900-25-117829
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Company: Gauzy Ltd.
Filing Date: 2025-12-03
Form: 6-K
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 The Convertible
Loan, if consummated, will contain a conversion price equal to the Reference Price as well as other terms for convertible instruments
of this nature as may be mutually agreed between the Company and the investors in their reasonable discretion.

The Company received an additional $1 million
from Orion Infrastructure Capital (OIC), the Company’s existing senior lender, through a limited waiver to the existing Note Purchase
Agreement with OIC (the “Note Purchase Agreement”) whereby OIC agreed to (i) waive certain specified defaults
that may have occurred prior to the date of the limited waiver and (ii) waive payment in cash of the accrued interest payment on its outstanding
loan for the third quarter of 2025, which amount will be paid in kind on December 31, 2025 or, if the Convertible Loan is consummated
prior to December 31, 2025, treated as additional borrowings under the Convertible Loan.

The Company continues to work with its existing
investors and stakeholders as well as potential new investors to provide additional funding to the Company to support its global operations.

The foregoing description of the Share Issuance
Agreements is qualified in its their reference to the full text of such agreements, copies of which will be filed as exhibits to the Company’s
Annual Report on Form 20-F for the fiscal year ending December 31, 2025.

Director Resignations

In addition, on December 2, 2025, the
Company announced the resignations of each of Jesse Ezriel Klein and Alejandro Weinstein from the Company’s Board of Directors
(the “Board”) and all committees thereof, effective immediately. Each of Messrs. Klein and Weinstein
resigned from the Board to pursue other interests. Messrs. Klein and Weinstein both expressed their continued support for Gauzy and remain committed to assisting the Company in its ongoing
efforts to execute business operations, strategic initiatives, and secure additional funding beyond the investments the Company announced
today.

As a result of Mr. Klein’s resignation from
the Board and all of its committees, The Company’s audit committee is no longer in compliance with Nasdaq Listing Rule
5605(c)(2)(A), which requires listed companies to maintain an audit committee consisting of at least three independent directors
as the Company’s Board is now comprised of only three members, one of whom, Eyal Peso, the Company’s chairman and chief executive
officer, is not independent. In accordance with Nasdaq Listing Rule