M&A
confidence high
sentiment neutral
materiality 0.85
Bolt Projects completes SPAC merger with Bolt Threads; shares begin trading on Nasdaq as BSLK
Bolt Projects Holdings, Inc.
- Merger closed Aug 13, 2024; Golden Arrow Merger Corp renamed to Bolt Projects Holdings, Inc.
- 492,278 shares redeemed at ~$10.71/share ($5.3M); remaining $0.9M trust released to company.
- PIPE investment of 464,801 shares at $10.00 each, raising approx. $4.65M.
- New board includes Ransley Carpio, Jeri Finard, Sami Naffakh, Daniel Steefel, Steven Klosk, Esther van den Boom, Jerry Fiddler; Daniel Widmaier appointed CEO.
- Common stock and warrants began trading on Nasdaq Aug 14 under BSLK and BSLKW.