secwatch.observer — SEC 8-K summary
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Issuer:     Bolt Projects Holdings, Inc. (BSLK)
CIK:        0001841125
Form:       8-K
Filed at:   2025-10-21T23:59:59+00:00
Accession:  0001841125-25-000145
Event type: earnings
Sentiment:  neutral
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Bolt Projects Q3 prelim revenue ~$370k (+7,000% YoY); raises FY2025 gross profit guidance to $1.0M
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- Q3 prelim revenue ~$370k, up 7,000% YoY; gross margin at least 15% vs 5% in Q2.
- FY2025 revenue guidance unchanged at ~$4.5M (+228% YoY); gross profit guidance raised to $1.0M from $0.5M.
- Initiated $20M equity line of credit with Ascent Partners; began drawing in October 2025.
- Discontinued mycelium leather business; focusing solely on Vegan Silk platform for beauty and personal care.
- Also disclosed a $30M convertible debt facility from recent proxy filing to improve balance sheet.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1841125/000184112525000145/0001841125-25-000145-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1841125/000184112525000145/bslk-20251021.htm
  HTML page:      https://secwatch.observer/filing/0001841125-25-000145

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