Steven Klosk
Steven Klosk notified the Company of his resignation as a member of the Board and the audit committee of the Board, effective as of that date.
Highest-materiality recent filing
Bolt Projects auditor Elliott Davis resigns; going concern doubt previously noted
Elliott Davis, PLLC resigned as auditor effective February 27, 2026; no disagreements on accounting principles.
Bolt Projects receives Nasdaq delisting notice; trading suspended Jan 5, 2026
Received Nasdaq delisting notice on Dec 31, 2025 for failing to meet minimum equity standard under Listing Rule 5550(b)(1) by deadline.
Expected FY2025 revenue ~$4.5M, >200% YoY growth; Q4 revenue >$2.7M, ~100% YoY.
Bolt Projects Q3 revenue $0.4M (+7300% YoY); raises 2025 gross profit outlook to >$1M
Revenue $370K vs $5K in Q3 2024; gross margin 16% vs 0% YoY; Q4 gross margin expected >40%.
Bolt Projects Q3 prelim revenue ~$370k (+7,000% YoY); raises FY2025 gross profit guidance to $1.0M
Q3 prelim revenue ~$370k, up 7,000% YoY; gross margin at least 15% vs 5% in Q2.
Bolt Projects amends bylaws, cuts quorum to 33.33%, updates proxy rules
Reduced stockholder meeting quorum to one-third (33.33%) of voting power.
Bolt Projects receives Nasdaq extension to Dec 31, 2025 to regain listing compliance via equity rule
Nasdaq Panel granted extension until Dec 31, 2025 to comply with minimum equity standard (Equity Rule) instead of MVLS/MVPHS.
Bolt Projects enters $20M equity line with Ascent Partners Fund LLC
ELOC allows optional sales of up to $20M of common stock to Ascent Partners over 36 months.
Bolt Projects Holdings annual meeting results; all proposals passed
Three Class I directors re-elected: Widmaier (1,003,276 for), Breslauer (1,003,286), Finard (1,003,603).
Bolt Projects raises ~$4.25M via registered direct offering of common stock and pre-funded warrants
Sold 913,979 shares at $4.65/share and pre-funded warrants at $4.6499 each.
Bolt Projects raises ~$4.25M via stock and pre-funded warrants at $4.65/share
Sold 913,979 shares at $4.65 each and pre-funded warrants at $4.6499 per warrant (exercise price $0.0001).
Bolt Projects Q2 revenue $1.3M (+23x YoY); Nasdaq delisting notice received
Revenue $1.3M vs $56K in Q2 2024; positive gross profit achieved ahead of plan.
Bolt Projects settles $1.75M liability via equity; reprices options to $2.42
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.
Bolt Projects appoints Lorne Lucree and Gail Zauder to Board of Directors
Lorne Lucree appointed as Class II director, term until 2026 annual meeting.
Bolt Projects Q1 rev $171K (9x YoY), net loss $6.0M; guides FY25 rev ≥$4.5M
Q1 revenue $171K vs $19K YoY, driven by shipments to Goddess Maintenance and reorders.
Bolt Projects completes 1-for-20 reverse stock split; trading begins split-adjusted April 22
Effective 5:00 PM ET on April 21, 2025; every 20 shares consolidated into 1 share.
Reverse stock split (1-for-20) effective April 21, 2025 at 5:00 p.m. ET.
Bolt Projects shareholders approve 1-for-20 reverse stock split; effective April 17
Reverse split approved by 20,689,702 votes FOR vs 340,988 AGAINST at special meeting on April 9.
2024 revenue of ~$1.4M, a 37% improvement on FY2024 guidance of $1.0M.
Bolt Projects Holdings files 8-K for investor presentation; no new specific facts disclosed
Filing under Item 7.01 furnishes an investor presentation dated March 21, 2025.
Bolt Projects reports 2024 revenue of $1.4M, 37% above initial projections; guides 2025 at $4.5M+
Full-year 2024 Vegan Silk Platform revenues $1.4M, 37% ahead of initial projections, driven by orders for fast-track launches in 2025.
Bolt Projects appoints Christine Battist to Board and Audit Committee chair
Christine Battist appointed as Class II director effective February 20, 2025.
Received Nasdaq letter on Feb 10, 2025: MVLS below $50M minimum for 30 consecutive business days.
Bolt Projects enters $1.5M equity line with Triton at 25% VWAP discount; 3M-share warrant
Agreement allows company to sell up to $1,500,000 of common stock at 75% of lowest 10-day VWAP, commitment ends June 30, 2025.
Bolt Projects settles $2.9M excise tax dispute, exchanges warrants, loses audit committee member
Settlement with Golden Arrow covers $2.875M excise tax; Golden Arrow to contribute 75% of IRS payments and secure $10M financing.
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.
Bolt Projects Q3 revenue drops to $0.01M; guides 2024 revenue at least $1M, 2025 at least $4.5M
Q3 2024 revenue ~$0.01M, down from $1.3M YoY; operating loss $20.2M vs $5.1M.
Bolt Projects receives Nasdaq bid-price deficiency notice; has 180 days to comply
Received Nasdaq Staff Deficiency Letter on Nov 6, 2024 for failing Minimum Bid Price Requirement of $1.00 per share.
Bolt Projects completes SPAC merger with Bolt Threads; shares begin trading on Nasdaq as BSLK
Merger closed Aug 13, 2024; Golden Arrow Merger Corp renamed to Bolt Projects Holdings, Inc.
Golden Arrow Merger Corp. shareholders approve business combination with Bolt Threads
93.21% of shares voted; Business Combination passed 7,223,742 For, 14,438 Against, 0 Abstain.
Golden Arrow Merger Corp. issues $220K promissory note to sponsor for working capital
Unsecured note of up to $220,000 issued to Golden Arrow Sponsor, LLC, dated July 11, 2024.
Golden Arrow extends Bolt Threads deal outside date to Sept 16; removes sponsor earn-out vesting
Outside date for Bolt Threads business combination extended from July 4, 2024 to September 16, 2024 via Amendment No. 1 to BCA.
Non-reliance on FY2023 audited financials; omission in notes about inadvertent trust account funds used for general corporate purposes.
On March 18, 2024, Golden Arrow Merger Corp. received a Nasdaq notice that trading would be suspended on March 27, 2024 due to non-compliance with Nasdaq IM-5101-2.
Golden Arrow shareholders approve nine-month extension; $16.3M redeemed
Stockholders approved charter amendment to extend business combination deadline from Dec 19, 2023 to Sep 19, 2024, with up to nine monthly extensions.
Golden Arrow Merger Corp. Reschedules Special Meeting and Modifies Extension Proposal Terms
Special meeting moved to December 12, 2023 from December 14, 2023.
Golden Arrow Merger Corp. to combine with Bolt Threads in $250M SPAC merger with $27.3M PIPE
Equity value of $250M; GAMC will rename to Bolt Projects Holdings, Inc. at close.
Golden Arrow restates Q1 2023 financials due to error in valuation of convertible promissory notes
Previously issued Q1 2023 financials should no longer be relied upon; convertible notes incorrectly valued at fair value instead of par.
Golden Arrow extends deadline to Dec 2023; holders redeem 93% of trust
Stockholders approved extension of business combination deadline from Mar 19, 2023 to up to Dec 19, 2023 via monthly extensions.
Golden Arrow Merger Corp. retains ~$20M in trust after 26.8M share redemptions
Retained ~$20M in trust account after redemption deadline; 26,764,835 Public Shares redeemed.
Golden Arrow Merger issues $750k note to sponsor, extends deadline to Dec 2023
Issued $750k unsecured promissory note to sponsor, payable at business combination, convertible into warrants at $1.50 each.
New extension terms: sponsor deposits $0.03 per public share per month (max $105k) into trust for up to 9 months.
Golden Arrow Merger Corp. cancels special meeting, withdraws proxy proposals
Cancelled special meeting in lieu of 2022 annual meeting scheduled for Dec 16, 2022.
Golden Arrow Merger Corp. issues $400K promissory note to sponsor for working capital
Up to $400,000 unsecured promissory note issued to Golden Arrow Sponsor LLC on August 26, 2022.
As of March 19, 2021, warrants reclassified from equity to derivative liabilities of $12.8M.
Golden Arrow Merger Corp. restates financials for IPO through Q3 2021 over share classification
Audit committee determined Public Shares must be reclassified as temporary equity, not permanent equity.
Steven Klosk notified the Company of his resignation as a member of the Board and the audit committee of the Board, effective as of that date.
On November 24, 2024, Daniel Steefel notified the Company of his resignation as a member of the Board and the audit committee of the Board, effective as of that date.
Max materiality 0.85 · Median 0.60 · Most common event other_material