---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-22-016304"
form_type: "8-K/A"
ticker: "BSLK"
cik: "0001841125"
company_name: "Bolt Projects Holdings, Inc."
filed_at: "2022-03-31T23:59:59+00:00"
generated_at: "2026-06-26T12:38:00.826735+00:00"
event_type: "other"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Golden Arrow Merger Corp. restates IPO balance sheet; warrants as liabilities, shares as temporary equity

## Summary
- As of March 19, 2021, warrants reclassified from equity to derivative liabilities of $12.8M.
- All 25M public shares now classified as temporary equity at $250M (redemption value $10/share).
- Stockholders' deficit of $20.3M; no change to cash or trust account ($250M).
- Restatement prompted by April 2021 SEC Staff Statement on SPAC warrant accounting.
- Material weakness in internal control over financial reporting identified; disclosure controls ineffective.

## SEC filing metadata
- accession: 0001213900-22-016304
- form_type: 8-K/A
- ticker: BSLK
- cik: 0001841125
- company_name: Bolt Projects Holdings, Inc.
- filed_at: 2022-03-31T23:59:59+00:00
- event_type: other
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1841125/000121390022016304/0001213900-22-016304-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1841125/000121390022016304/ea157557-8ka1_golden.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-22-016304
- JSON: https://secwatch.observer/filing/0001213900-22-016304.json
- Plain text: https://secwatch.observer/filing/0001213900-22-016304.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.