Gauzy (GAUZ) Prices 4.41M Share IPO at $17/sh

Go back to Gauzy (GAUZ) Prices 4.41M Share IPO at $17/sh

Gauzy Ltd. Announces Pricing of $75 Million Initial Public Offering

June 6, 2024 1:16 AM EDT

TEL AVIV, Israel, June 06, 2024 (GLOBE NEWSWIRE) -- Gauzy Ltd. (Nasdaq: GAUZ) (Gauzy or the Company), a global leader in vision and light control solutions, announced today the pricing of its initial public offering of 4,411,765 of its ordinary shares at a public offering price of $17.00 per share for aggregate gross proceeds of $75 million, prior to deducting underwriting discounts and other offering expenses. In addition, the Company has granted to the underwriters a 30-day option to purchase up to an additional 661,765 of its ordinary shares from Gauzy at the public offering price less underwriting... More