secwatch.observer — SEC 8-K summary
======================================

Issuer:     Bolt Projects Holdings, Inc. (BSLK)
CIK:        0001841125
Form:       8-K
Filed at:   2024-11-26T23:59:59+00:00
Accession:  0001213900-24-102447
Event type: other_material
Sentiment:  negative
Materiality: 0.55
Item codes: 1.01, 3.02, 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1841125/000121390024102447/0001213900-24-102447-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1841125/000121390024102447/ea0222619-8k_bolt.htm
  HTML page:      https://secwatch.observer/filing/0001213900-24-102447

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer