secwatch.observer — SEC 8-K summary
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Issuer:     Bolt Projects Holdings, Inc. (BSLK)
CIK:        0001841125
Form:       8-K
Filed at:   2024-11-07T23:59:59+00:00
Accession:  0001213900-24-095488
Event type: regulatory
Sentiment:  negative
Materiality: 0.70
Item codes: 3.01
LLM model:  deepseek-v4-flash:cloud@v2

Bolt Projects receives Nasdaq bid-price deficiency notice; has 180 days to comply
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- Received Nasdaq Staff Deficiency Letter on Nov 6, 2024 for failing Minimum Bid Price Requirement of $1.00 per share.
- Closing bid price has been below $1.00 for last 30 consecutive business days; no immediate effect on listing.
- Company has until May 5, 2025 to regain compliance by closing at $1.00 or more for 10 straight days.
- If not compliant by May 5, 2025, may request additional 180 days by transferring to Nasdaq Capital Market and paying fee.
- Company may consider a reverse stock split; no assurance of regaining compliance or avoiding delisting.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1841125/000121390024095488/0001213900-24-095488-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1841125/000121390024095488/ea0220322-8k_bolt.htm
  HTML page:      https://secwatch.observer/filing/0001213900-24-095488

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