secwatch.observer — SEC 8-K summary
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Issuer:     Bolt Projects Holdings, Inc. (BSLK)
CIK:        0001841125
Form:       8-K
Filed at:   2024-04-05T23:59:59+00:00
Accession:  0001213900-24-030629
Event type: other_material
Sentiment:  negative
Materiality: 0.60
Item codes: 1.01, 2.03, 4.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Non-reliance on FY2023 audited financials due to trust account disclosure omission; $510K sponsor note
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- Non-reliance on FY2023 audited financials; omission in notes about inadvertent trust account funds used for general corporate purposes.
- Restatement filed as 10-K/A; no impact on cash, trust balance, or historical financials beyond note disclosure.
- Material weakness in internal control over financial reporting; disclosure controls ineffective as of 12/31/2023.
- Issued up to $510K unsecured promissory note to sponsor, convertible into warrants at $1.50/warrant, due at business combination.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1841125/000121390024030629/0001213900-24-030629-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1841125/000121390024030629/ea0203310-8k_golden.htm
  HTML page:      https://secwatch.observer/filing/0001213900-24-030629

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