secwatch.observer — SEC 8-K summary
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Issuer:     Bolt Projects Holdings, Inc. (BSLK)
CIK:        0001841125
Form:       8-K
Filed at:   2023-10-04T23:59:59+00:00
Accession:  0001013762-23-001388
Event type: m_and_a
Sentiment:  positive
Materiality: 0.80
Item codes: 1.01, 3.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Golden Arrow Merger Corp. to combine with Bolt Threads in $250M SPAC merger with $27.3M PIPE
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- Equity value of $250M; GAMC will rename to Bolt Projects Holdings, Inc. at close.
- PIPE of up to $27.3M ($10/share) committed from Sponsor and other investors; includes 800k shares from Sponsor.
- Sponsor agrees to vote in favor; 1.44M sponsor shares subject to 5-year performance vesting at $12.50 target.
- Closing conditions include stockholder approvals, HSR clearance, Nasdaq listing; outside date July 4, 2024.
- Lock-up of 180 days on shares issued to Bolt Threads stockholders and Sponsor (with limited exception).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1841125/000101376223001388/0001013762-23-001388-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1841125/000101376223001388/ea185593-8k425_golden.htm
  HTML page:      https://secwatch.observer/filing/0001013762-23-001388

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer