His real name is Mogwai.
But everyone knows him as Gizmo.
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1. Gizmo2. Stripe3. Poker Player4. Brain5. Spike
Nothing happens to Gizmo because Gremlins 3 does not nor will it ever exist.
You can find a Gizmo doll from the movie Gremlins on Amazon. You may also have some luck finding one of these dolls on Ebay.
They are called "Mogwai." Gizmo is a Mogwai. "Mogwai" is the Cantonese Chinese word for devil, demon, or gremlin. In Mandarin Chinese, the word is "mogui."
Gizmo