Gauzy Receives Nasdaq Noncompliance Notice, Gets Time Through July 20 To Regain Compliance

Gauzy Ltd. (NASDAQ:GAUZ) ("Gauzy" or the "Company"), a global leader in vision and light control technologies, today announced that on May 19, 2026, it received a letter from the Listing Qualifications Department of The Nasdaq Stock Market LLC ("Nasdaq") notifying the Company that it is not in compliance with Nasdaq Listing Rule 5250(c)(1) as a result of the Company's delay in filing its Annual Report on Form 20-F for the fiscal year ended December 31, 2025 (the "2025 Form 20-F") with the U.S. Securities and Exchange Commission ("SEC"). The Letter is in addition to the previously disclosed letter regarding the Company's non-compliance with Nasdaq's continued listing standards related the Company's non-compliance with the minimum bid price requirement set forth under Nasdaq Listing Rule 5450(a)(1).

The notice has no immediate effect on the listing or trading of the Company's ordinary shares, which will continue to trade on Nasdaq under the ticker symbol "GAUZ." However, the Company will be included in Nasdaq's public list of non-compliant companies, and a non-compliance indicator will be broadcast over Nasdaq's market data dissemination network.

Under Nasdaq's listing rules, the Company has 60 calendar days from the date of the notice, or until July 20, 2026, to submit a plan to regain compliance. If Nasdaq accepts the Company's plan, Nasdaq may grant an exception of up to 180 calendar days from the original due date of the 2025 Form 20-F, or until November 11, 2026, for the Company to regain compliance. If Nasdaq does not accept the Company's plan, the Company will have the opportunity to appeal that decision to a Hearing Panel under Nasdaq Listing Rule 5815(a). If the Company fails to timely regain compliance with Nasdaq's listing rules, the securities of the Company will be subject to delisting on Nasdaq.