--- schema_version: "secwatch.filing_event.v1" accession: "0001213900-23-021809" form_type: "8-K" ticker: "BSLK" cik: "0001841125" company_name: "Bolt Projects Holdings, Inc." filed_at: "2023-03-22T23:59:59+00:00" generated_at: "2026-06-17T21:38:45.590116+00:00" event_type: "other_material" sentiment: "negative" materiality_score: 0.85 calibrated_materiality_score: 0.85 confidence: "high" source: SEC EDGAR --- # Golden Arrow extends deadline to Dec 2023; holders redeem 93% of trust ## Summary - Stockholders approved extension of business combination deadline from Mar 19, 2023 to up to Dec 19, 2023 via monthly extensions. - 26,649,519 public shares redeemed at ~$10.16/share for ~$270.8M, leaving only ~$21.3M in trust account. - Sponsor voluntarily converted 7,047,500 Class B shares into Class A common stock. - Company issued $567,130 promissory note to sponsor for first extension payment of $63,015 (one month extension). ## SEC filing metadata - accession: 0001213900-23-021809 - form_type: 8-K - ticker: BSLK - cik: 0001841125 - company_name: Bolt Projects Holdings, Inc. - filed_at: 2023-03-22T23:59:59+00:00 - event_type: other_material - sentiment: negative - materiality_score: 0.85 - calibrated_materiality_score: 0.85 - confidence: high - sec_items: 1.01, 5.07, 2.03, 5.03, 8.01, 9.01 - EDGAR index: https://www.sec.gov/Archives/edgar/data/1841125/000121390023021809/0001213900-23-021809-index.htm - EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1841125/000121390023021809/ea175581-8k_golden.htm ## Machine-readable alternates - HTML: https://secwatch.observer/filing/0001213900-23-021809 - JSON: https://secwatch.observer/filing/0001213900-23-021809.json - Plain text: https://secwatch.observer/filing/0001213900-23-021809.txt ## Key facts - Debt Financings Bolt Projects Holdings, Inc. incurred loan of $567,130 with Golden Arrow Sponsor, LLC at no interest maturing payable on the date of the consummation of the Company’s initial business combination. - Instrument: loan - Principal: $567,130 - Counterparty: Golden Arrow Sponsor, LLC - Rate: no interest - Maturity: payable on the date of the consummation of the Company’s initial business combination - Event: incurrence source text: on March 17, 2023, the Company issued an unsecured promissory note in the aggregate amount of $567,130 (the “Note”) to Golden Arrow Sponsor, LLC (the “Sponsor”). evidence_url: https://www.sec.gov/Archives/edgar/data/1841125/000121390023021809/0001213900-23-021809-index.htm - Governance Changes Bolt Projects Holdings, Inc.: The Company filed a certificate of amendment to its amended and restated certificate of incorporation to extend the date by which it must consummate a business combination from March 19, 2023 to up to December 19, 2023 (effective 2023-03-15). - Change: charter amendment - Effective: 2023-03-15 source text: On March 15, 2023, the Company filed a certificate of amendment to its amended and restated certificate of incorporation (as amended, the “Charter”) which became effective upon filing. A copy of the certificate of amendment to the Charter is attached to this Current Report on Form 8-K as Exhibit 3.1 and is incorporated herein by reference. evidence_url: https://www.sec.gov/Archives/edgar/data/1841125/000121390023021809/0001213900-23-021809-index.htm - Material Agreements Bolt Projects Holdings, Inc. amended Investment Management Trust Agreement with Continental Stock Transfer & Trust Company (effective 2023-03-15). - Action: amendment - Counterparty: Continental Stock Transfer & Trust Company - Effective: 2023-03-15 source text: on March 15, 2023, Golden Arrow Merger Corp. (the “Company”) and Continental Stock Transfer & Trust Company entered into an amendment to the Investment Management Trust Agreement, dated March 15, 2023, by and between Continental Stock Transfer & Trust Company and the Company (the “Trust Agreement”). evidence_url: https://www.sec.gov/Archives/edgar/data/1841125/000121390023021809/0001213900-23-021809-index.htm - Shareholder Votes Bolt Projects Holdings, Inc. shareholders approved Re-election of Class I Directors at the 2023-03-15 meeting. - Proposal: director election - Outcome: passed - Meeting: 2023-03-15 source text: On March 15, 2023, the holders of Class B common stock of the Company re-elected each of Jacob Doft, Brett Barth and Lloyd Dean as Class I directors evidence_url: https://www.sec.gov/Archives/edgar/data/1841125/000121390023021809/0001213900-23-021809-index.htm - Shareholder Votes Bolt Projects Holdings, Inc. shareholders approved Amend the Charter to extend the date by which the Company has to consummate a business combination for an additional nine months at the 2023-03-15 meeting. - Proposal: charter amendment - Outcome: passed - Meeting: 2023-03-15 source text: The stockholders approved the proposal to amend the Company’s Charter (the “Charter Amendment”), to extend the date by which the Company has to consummate a business combination for an additional nine months, from March 19, 2023 (the “Termination Date”) to up to December 19, 2023 evidence_url: https://www.sec.gov/Archives/edgar/data/1841125/000121390023021809/0001213900-23-021809-index.htm - Shareholder Votes Bolt Projects Holdings, Inc. shareholders approved Amend the Investment Management Trust Agreement to provide for the Extension at the 2023-03-15 meeting. - Outcome: passed - Meeting: 2023-03-15 source text: The stockholders approved the proposal to amend the Investment Management Trust Agreement, dated as of March 16, 2021, by and between the Company and Continental Stock Transfer & Trust Company and (the “Trust Agreement”), in the form set forth as Annex B to the proxy statement (the “Trust Amendment”), to provide for the Extension to the Extended Date pursuant to the Charter Amendment. evidence_url: https://www.sec.gov/Archives/edgar/data/1841125/000121390023021809/0001213900-23-021809-index.htm This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.