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Sign InGauzy Ltd. (Nasdaq: GAUZ) has officially launched a public tender process to attract potential buyers or strategic investors for its French operations. This move follows the commencement of court-supervised reorganization proceedings, known as 'redressement judiciaire,' for three of its key subsidiaries: Gauzy SAS, Safety Tech, and Vision Systems. The tender process aims to secure new capital or facilitate a change in ownership to ensure the long-term viability of these business units. While the process provides a path for operational survival, it highlights significant financial distress facing the parent company. Investors are closely monitoring the situation as the court-led restructuring could lead to substantial dilution or loss for existing equity holders. The outcome of this tender will be critical in determining the future footprint of Gauzy in the European market.