other_material
confidence high
sentiment neutral
materiality 0.50
Bolt Projects raises ~$4.25M via stock and pre-funded warrants at $4.65/share
Bolt Projects Holdings, Inc.
- Sold 913,979 shares at $4.65 each and pre-funded warrants at $4.6499 per warrant (exercise price $0.0001).
- Gross proceeds ~$4.25M; net proceeds for general corporate purposes and working capital.
- Closing expected August 15, 2025; Rodman & Renshaw acted as placement agent with 7% fee.
- Company agreed to file registration statement for resale of shares and warrant shares within 10 days.
- Warrant exercise capped at 4.99% or 9.99% beneficial ownership; no expiration date.
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