Bolt Projects Holdings, Inc. — fact timeline

Elliott Davis, PLLC resigned as auditor of Bolt Projects Holdings, Inc..

“During the past two fiscal years and subsequent interim period through the date of resignation, there were no disagreements between the Company and Elliott Davis on any matter of accounting principles or practices, financial disclosure or auditing scope or procedure, which disagreements, if not resolved to the satisfaction of Elliott Davis, would have caused it to make reference to the subject matter of the disagreements in its reports on the Company's financial statements for such period.”

Bolt Projects Holdings, Inc. received a nasdaq delisting notice notice regarding stockholders equity (rules 5550(b)(1)).

“December 31, 2025, Bolt Projects Holdings, Inc. (the “Company”) received written notification from the Nasdaq Hearings Panel (the “Panel”) of the Nasdaq Stock Market LLC (“Nasdaq”) stating that, due to the Company’s having not met the terms of the Panel’s September 30, 2025 decision that the Company demonstrate compliance with the minimum equity standard requirement under Nasdaq Listing Rule 5550(b)(1) by December 31, 2025, the Company’s securities will be delisted from Nasdaq, and trading will be suspended at the open of trading on January 5, 2026. The Company has 15 days after the date it re”

Bolt Projects Holdings, Inc.: Amended bylaws to reduce quorum to one-third, adopt universal proxy rules, establish procedural mechanics for stockholder nominations and proposals, update presiding officer and vacancy-filling provisions, and make modernizing changes (effective 2025-10-17).

“On October 17, 2025, the Board of Directors of Bolt Projects Holdings, Inc. (the “Company”) approved and adopted amendments to the Company’s Amended and Restated Bylaws (the “Amended and Restated Bylaws”), which became effective the same day.”

Bolt Projects Holdings, Inc. received a nasdaq extension granted notice regarding stockholders equity (rules 5450(b)(2)(A), 5450(b)(2)(C), 5550(b)(1)).

“September 30, 2025, the Company received written notification from the Panel (the “Determination Letter”) granting the Company’s request for an extension to regain compliance with Nasdaq’s listing standards based on the compliance plan presented at the Company’s hearing before the Panel. As part of that plan, the Company presented a timeline of achieving compliance by December 31, 2025, which date is within the Panel’s authority under Nasdaq Listing Rule 5815 to grant an extension of up to 180 days. Pursuant to the Determination Letter, the Company is to gain compliance with the minimum equity”

Bolt Projects Holdings, Inc. issued up to $20.0 million of the Company's common stock of common stock to Ascent Partners Fund LLC.

“the Company will have the right from time to time at its option to sell to the Investor up to $20.0 million of the Company's common stock”

Bolt Projects Holdings, Inc. issued 85,588 shares of Common Stock of common stock to Ascent Partners Fund LLC for irrevocable commitment to purchase.

“the Company agreed to issue 85,588 shares of Common Stock to the Investor (the "Upfront Commitment Shares")”

Bolt Projects Holdings, Inc.: Filed a Certificate of Amendment to the Second Amended and Restated Certificate of Incorporation to effect a 1-for-20 reverse stock split, effective April 21, 2025 (effective 2025-04-21).

“On April 21, 2025, the Company filed with the Secretary of State of the State of Delaware a certificate of amendment (the “Certificate of Amendment”) to amend the Certificate of Incorporation to effect the Reverse Stock Split.”

Bolt Projects Holdings, Inc. received a nasdaq deficiency notice notice regarding market value (rules 5450(b)(2)(C)).

“February 10, 2025, Bolt Projects Holdings, Inc. (the “Company”) received a letter from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company that, for the last 30 consecutive business days, the Minimum Value of Listed Securities, as defined by Nasdaq (“MVLS”), of the Company’s common stock, par value $0.0001 per share (the “Common Stock”), has been below the minimum $50 million requirement for continued listing on The Nasdaq Global Market under Nasdaq Listing Rule 5450(b)(2)(A) (the “Minimum Market Value of Listed Securities Requirement”). On the”

Bolt Projects Holdings, Inc. received a nasdaq deficiency notice notice regarding market value (rules 5450(b)(2)(A)).

“February 10, 2025, Bolt Projects Holdings, Inc. (the “Company”) received a letter from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company that, for the last 30 consecutive business days, the Minimum Value of Listed Securities, as defined by Nasdaq (“MVLS”), of the Company’s common stock, par value $0.0001 per share (the “Common Stock”), has been below the minimum $50 million requirement for continued listing on The Nasdaq Global Market under Nasdaq Listing Rule 5450(b)(2)(A) (the “Minimum Market Value of Listed Securities Requirement”). On the”

Steven Klosk resigned as Member of the Board at Bolt Projects Holdings, Inc..

“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.”

Bolt Projects Holdings, Inc. received a nasdaq deficiency notice notice regarding market value (rules 5450(b)(2)(C)).

“February 10, 2025, Bolt Projects Holdings, Inc. (the “Company”) received a letter from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company that, for the last 30 consecuti”

Bolt Projects Holdings, Inc. received a nasdaq deficiency notice notice regarding market value (rules 5450(b)(2)(A)).

“February 10, 2025, Bolt Projects Holdings, Inc. (the “Company”) received a letter from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company that, for the last 30 consecuti”

Daniel Steefel resigned as Director and Audit Committee Member at Bolt Projects Holdings, Inc..

“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.”

Bolt Projects Holdings, Inc. incurred loan of up to $510,000 with Golden Arrow Sponsor, LLC at bears no interest maturing the date of the consummation of the Company's initial business combination.

“On April 3, 2024, Golden Arrow Merger Corp. (the “Company”) issued an unsecured promissory note (the “Note”), in the amount of up to $510,000 to Golden Arrow Sponsor, LLC (the “Sponsor”).”

Bolt Projects Holdings, Inc. reported that prior financial statements should not be relied upon.

“On April 4, 2024, the Company’s audit committee concluded, after discussion with the Company’s management and its advisors, that the Company’s audited financial statements as of and for the year ended December 31, 2023 included in the Original Filing should no longer be relied upon due to the omission described above and should be restated.”

Bolt Projects Holdings, Inc. received a nasdaq delisting notice notice regarding other (rules IM-5101-2).

“March 18, 2024, Golden Arrow Merger Corp. (the “Company”) received a notice from the staff of the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”) indicating that unless the Company timely requests a hearing before the Nasdaq Hearings Panel (the “Panel”), trading of the Company’s securities on The Nasdaq Capital Market would be suspended at the opening of business on March 27, 2024, due to the Company’s non-compliance with Nasdaq IM-5101-2, which requires that a special purpose acquisition company complete one or more business combinations within 36 months of the eff”

Bolt Projects Holdings, Inc.: Extended the deadline to consummate a business combination from December 19, 2023 to September 19, 2024, with monthly extension payments of $0.02 per public share up to $20,000 per month (effective 2023-12-12).

“the Company filed a certificate of amendment to its amended and restated certificate of incorporation (as amended, the “Charter”) which became effective upon filing.”

Bolt Projects Holdings, Inc. shareholders approved Amend the Charter to extend the date to consummate a business combination at the 2023-12-12 meeting.

“FOR AGAINST ABSTAIN BROKER NON-VOTES 8,401,407 25,781 0 N/A”

Bolt Projects Holdings, Inc. incurred loan of $104,029 with Golden Arrow Sponsor, LLC at no interest maturing the date of the consummation of the Company's initial business combination.

“issued an unsecured promissory note in the aggregate amount of $104,029 (the “Note”) to Golden Arrow Sponsor, LLC (the “Sponsor”).”

Bolt Projects Holdings, Inc. entered into Business Combination Agreement with Beam Merger Sub, Inc. and Bolt Threads, Inc. valued at $250,000,000 (effective 2023-10-04).

“On October 4, 2023, Golden Arrow Merger Corp., a Delaware corporation (“GAMC”) entered into a Business Combination Agreement (the “Business Combination Agreement”) with Beam Merger Sub, Inc., a Delaware corporation and a direct, wholly owned subsidiary of GAMC (“Merger Sub”) and Bolt Threads, Inc., a Delaware corporation (“Bolt Threads”).”

Bolt Projects Holdings, Inc. reported that prior financial statements should not be relied upon.

“on August 16, 2023, the audit committee of the Company’s board of directors concluded, after discussion with the Company’s management, that the Company’s previously issued unaudited interim financial statements and other financial data included in Q1 Form 10-Q should be restated to instead value the Convertible Promissory Notes at par value and should no longer be relied upon.”

Bolt Projects Holdings, Inc.: The Company filed a certificate of amendment to its amended and restated certificate of incorporation to extend the date by which it must consummate a business combination from March 19, 2023 to up to December 19, 2023 (effective 2023-03-15).

“On March 15, 2023, the Company filed a certificate of amendment to its amended and restated certificate of incorporation (as amended, the “Charter”) which became effective upon filing. A copy of the certificate of amendment to the Charter is attached to this Current Report on Form 8-K as Exhibit 3.1 and is incorporated herein by reference.”

Bolt Projects Holdings, Inc. shareholders approved Re-election of Class I Directors at the 2023-03-15 meeting.

“On March 15, 2023, the holders of Class B common stock of the Company re-elected each of Jacob Doft, Brett Barth and Lloyd Dean as Class I directors”

Bolt Projects Holdings, Inc. shareholders approved Amend the Investment Management Trust Agreement to provide for the Extension at the 2023-03-15 meeting.

“The stockholders approved the proposal to amend the Investment Management Trust Agreement, dated as of March 16, 2021, by and between the Company and Continental Stock Transfer & Trust Company and (the “Trust Agreement”), in the form set forth as Annex B to the proxy statement (the “Trust Amendment”), to provide for the Extension to the Extended Date pursuant to the Charter Amendment.”

Bolt Projects Holdings, Inc. shareholders approved Amend the Charter to extend the date by which the Company has to consummate a business combination for an additional nine months at the 2023-03-15 meeting.

“The stockholders approved the proposal to amend the Company’s Charter (the “Charter Amendment”), to extend the date by which the Company has to consummate a business combination for an additional nine months, from March 19, 2023 (the “Termination Date”) to up to December 19, 2023”

Bolt Projects Holdings, Inc. incurred loan of $567,130 with Golden Arrow Sponsor, LLC at no interest maturing payable on the date of the consummation of the Company’s initial business combination.

“on March 17, 2023, the Company issued an unsecured promissory note in the aggregate amount of $567,130 (the “Note”) to Golden Arrow Sponsor, LLC (the “Sponsor”).”

Bolt Projects Holdings, Inc. amended Investment Management Trust Agreement with Continental Stock Transfer & Trust Company (effective 2023-03-15).

“on March 15, 2023, Golden Arrow Merger Corp. (the “Company”) and Continental Stock Transfer & Trust Company entered into an amendment to the Investment Management Trust Agreement, dated March 15, 2023, by and between Continental Stock Transfer & Trust Company and the Company (the “Trust Agreement”).”

Bolt Projects Holdings, Inc. incurred loan of up to $750,000 with Golden Arrow Sponsor, LLC at no interest maturing the date of the consummation of the Company’s initial business combination.

“On March 8, 2023, Golden Arrow Merger Corp. (the “Company”) issued an unsecured promissory note (the “Note”), in the amount of up to $750,000 to Golden Arrow Sponsor, LLC (the “Sponsor”).”