other material
confidence high
sentiment negative
materiality 0.75
Bolt Projects Holdings, Inc. (BSLK): auditor change — Bolt Projects auditor Elliott Davis resigns; going concern doubt previously noted
Bolt Projects Holdings, Inc.
- Elliott Davis, PLLC resigned as auditor effective February 27, 2026; no disagreements on accounting principles.
- Audit reports included an explanatory paragraph expressing substantial doubt about ability to continue as going concern.
- Material weaknesses in internal controls disclosed in FY 2024 10-K (filed March 18, 2025) were noted as reportable events.
- No adverse opinion or disclaimer in Elliott Davis's reports; resignation not preceded by any unresolved accounting disputes.
- Company provided auditor with copy of disclosures; Elliott Davis letter to SEC filed as Exhibit 16.1.