Israeli smart glass co Gauzy files for Nasdaq IPO

The Tel Aviv based company had revenue of $78 million in 2023 and a net loss of $79.3 million.


Israeli smart glass manufacturer Gauzy has filed a prospectus for an IPO on Nasdaq. The Tel Aviv-based company is yet to report the amount it plans to raise and at what company valuation. Barclays, TD Cowen and Stifel will serve as underwriters.

In the prospectus, Gauzy disclosed that it has revenue of $78 million in 2023, up 59% from the previous year. Net loss grew from $37.9 million in 2022 to $79.3 million in 2023. At the end of…

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News Source: en.globes.co.il


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