Bolt Projects raises $360k in private placement to insiders; director Steefel resigns

Bolt Projects Holdings, Inc.

Sale of 1,058,826 shares at $0.34 per share to CEO, CTO, interim CFO, and two board members.
Gross proceeds of approximately $360,000; closing expected on or after December 2, 2024.
Director Daniel Steefel resigned from the board and audit committee effective Nov 24, 2024, citing no disagreement with the company.
Shares issued under Section 4(a)(2) exemption from registration; no public offering involved.

item 1.01 item 3.02 item 5.02 item 9.01

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Departed

Daniel Steefel

Director and Audit Committee Member

BSLK · Bolt Projects Holdings, Inc.

Effective: 2024-11-24
Filed: November 26, 2024, 6:59 PM ET

On November 24, 2024, Daniel Steefel notified the Company of his resignation as a member of the Board and the audit committee of the Board, effective as of that date.

Key facts

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Executive change SEC 8-K Item 5.02 confidence 0.95

Daniel Steefel resigned as Director and Audit Committee Member at Bolt Projects Holdings, Inc..

Action: resigned
Role: Director and Audit Committee Member

Exact text from the filing

On November 24, 2024, Daniel Steefel notified the Company of his resignation as a member of the Board and the audit committee of the Board, effective as of that date.

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Bolt Projects Holdings, Inc. filing history →

Source: SEC EDGAR

accession 0001213900-24-102447

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