secwatch.observer — SEC 8-K summary
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Issuer:     Bolt Projects Holdings, Inc. (BSLK)
CIK:        0001841125
Form:       8-K
Filed at:   2023-03-22T23:59:59+00:00
Accession:  0001213900-23-021809
Event type: other_material
Sentiment:  negative
Materiality: 0.85
Item codes: 1.01, 5.07, 2.03, 5.03, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Golden Arrow extends deadline to Dec 2023; holders redeem 93% of trust
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- 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).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1841125/000121390023021809/0001213900-23-021809-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1841125/000121390023021809/ea175581-8k_golden.htm
  HTML page:      https://secwatch.observer/filing/0001213900-23-021809

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