Golden Arrow Merger Corp. issues $220K promissory note to sponsor for working capital

Bolt Projects Holdings, Inc.

Unsecured note of up to $220,000 issued to Golden Arrow Sponsor, LLC, dated July 11, 2024.
Note bears no interest; principal due upon consummation of initial business combination.
Sponsor may convert principal into warrants at $1.50 per warrant, subject to 1,000,000 warrant cap.
Proceeds intended for working capital; note is unsecured and payable on Maturity Date.

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