---
schema_version: "secwatch.filing_event.v1"
accession: "0001841125-25-000099"
form_type: "8-K"
ticker: "BSLK"
cik: "0001841125"
company_name: "Bolt Projects Holdings, Inc."
filed_at: "2025-08-06T23:59:59+00:00"
generated_at: "2026-05-17T19:55:37.607623+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Bolt Projects settles $1.75M liability via equity; reprices options to $2.42

## Summary
- Settlement with Southern Point Capital converts $1,746,358 debt into common shares at a formula price with $0.25 floor; maximum 6,985,434 shares.
- All outstanding 2024 Plan stock options repriced from $6.80/$5.90 to $2.42 per share (closing price on Aug 2, 2025) to retain key personnel.
- CEO Daniel Widmaier holds 141,464 repriced options; CTO Daniel Breslauer 88,314; President Cintia Nardi 48,618.
- Non-employee directors Jeri Finard and Ransley Carpio each hold 1,875 repriced options.
- Equity issuance subject to court approval of fairness and Nasdaq rules; conversion capped at 4.99% beneficial ownership per tranche.

## SEC filing metadata
- accession: 0001841125-25-000099
- form_type: 8-K
- ticker: BSLK
- cik: 0001841125
- company_name: Bolt Projects Holdings, Inc.
- filed_at: 2025-08-06T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 3.02, 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1841125/000184112525000099/0001841125-25-000099-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1841125/000184112525000099/bslk-20250801.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001841125-25-000099
- JSON: https://secwatch.observer/filing/0001841125-25-000099.json
- Plain text: https://secwatch.observer/filing/0001841125-25-000099.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.