Workflow
Bolt Projects Holdings, Inc.(BSLK)
icon
Search documents
Why Bolt Projects Holdings Shares Are Trading Higher By Over 28%; Here Are 20 Stocks Moving Premarket - Antelope Ent Hldgs (NASDAQ:AEHL), Alvotech (NASDAQ:ALVO)
Benzinga· 2025-12-29 09:58
Shares of Bolt Projects Holdings Inc (NASDAQ:BSLK) rose sharply in pre-market trading after the company announced preliminary fiscal 2025 results and updated its fiscal 2026 guidance.Bolt Projects raised its FY2026 sales guidance from $9.000 million to $11.000 million. The company said it sees fourth-quarter sales of $2.700 million.Bolt Projects Holdings shares jumped 28.2% to $1.73 in the pre-market trading session.Here are some other stocks moving in pre-market trading.GainersRepublic Power Group Limited ...
Bolt Projects Holdings Announces Preliminary Fiscal 2025 Results And Updates Fiscal 2026 Guidance
Businesswire· 2025-12-29 08:00
Core Insights - Bolt Projects Holdings, Inc. announced expected preliminary results for Q4 and full year 2025, projecting revenue of approximately $4.5 million, which represents over 200% year-over-year growth [1] Financial Performance - The expected preliminary, unaudited revenue for fiscal year 2025 is approximately $4.5 million, achieving the company's guidance [1] - The company is experiencing significant growth, with a year-over-year increase exceeding 200% [1] Future Guidance - The company updated its full year fiscal 2026 guidance, indicating continued optimism for future performance [1]
Bolt Projects Holdings, Inc.(BSLK) - 2025 Q3 - Quarterly Report
2025-11-12 21:14
Financial Performance - Total revenue for the three months ended September 30, 2025, was $370,000, a significant increase from $5,000 in the same period of 2024, representing a growth of 7,300%[28] - Gross income for the nine months ended September 30, 2025, was $119,000, compared to a loss of $75,000 in the same period of 2024[28] - The company reported a net loss of $7,478,000 for the three months ended September 30, 2025, compared to a net income of $6,392,000 in the same period of 2024[28] - Net loss for the nine months ended September 30, 2025, was $18,020 thousand, compared to a loss of $59,134 thousand for the same period in 2024, indicating a significant improvement[35] - The Company incurred a net loss of $18.0 million during the nine months ended September 30, 2025[52] - The Company reported a net loss attributable to common stockholders of $7.478 million for the three months ended September 30, 2025, compared to a net income of $6.392 million for the same period in 2024[185] Assets and Liabilities - Total current liabilities increased to $10,586,000 as of September 30, 2025, from $6,837,000 at December 31, 2024, reflecting a rise of 55%[26] - The total assets decreased to $11,133,000 as of September 30, 2025, from $12,230,000 at December 31, 2024, a decline of 9%[26] - The accumulated deficit increased to $(479,821,000) as of September 30, 2025, from $(461,801,000) at December 31, 2024, reflecting a worsening of 4%[26] - The Company has an accumulated deficit of $479.8 million and negative net working capital of $3.3 million as of September 30, 2025[52] Cash Flow and Financing - The company had cash and cash equivalents of $4,745,000 as of September 30, 2025, compared to $3,512,000 at December 31, 2024, an increase of 35%[26] - Net cash used in operating activities for the nine months ended September 30, 2025, was $2,555 thousand, a decrease from $13,363 thousand in the same period of 2024, showing improved cash flow management[35] - The company reported a net cash provided by financing activities of $3,801 thousand for the nine months ended September 30, 2025, compared to $18,949 thousand in 2024, indicating a decrease in financing inflows[35] - Cash and cash equivalents as of September 30, 2025, were $4.7 million, insufficient to fund operations for the next twelve months[53] Expenses - Research and development expenses for the three months ended September 30, 2025, were $420,000, down from $3,476,000 in the same period of 2024, indicating a reduction of 88%[28] - Total operating expenses for the nine months ended September 30, 2025, were $14,700,000, down from $35,011,000 in the same period of 2024, a decrease of 58%[28] - Stock-based compensation expense for the nine months ended September 30, 2025, was $5,167 thousand, down from $15,138 thousand in 2024, reflecting a reduction in compensation costs[35] - The Company recorded total stock-based compensation expense of $1.474 million for the three months ended September 30, 2025, compared to $14.943 million for the same period in 2024[163] Stock and Shares - The weighted-average common shares outstanding, basic, increased to 2,765,446 for the three months ended September 30, 2025, compared to 995,410 in the same period of 2024, an increase of 178%[28] - As of September 30, 2025, there were 500,000,000 shares of Common stock authorized, with 3,706,197 shares issued and outstanding[153] - Total shares of Common stock reserved for issuance increased from 1,118,008 to 1,589,231 from December 31, 2024 to September 30, 2025[154] Compliance and Regulatory Issues - The Company received a notice from Nasdaq on November 6, 2024, indicating non-compliance with the minimum bid price requirement of $1.00 per share, with a compliance deadline of May 5, 2025[176] - The Company has a compliance plan to regain Nasdaq listing standards by December 31, 2025, following a determination letter from the Nasdaq Hearings Panel[179] - On September 30, 2025, the Company received an extension from Nasdaq to regain compliance with listing standards, with a compliance plan due by December 31, 2025[219] Mergers and Acquisitions - The company completed a merger with GAMC on August 13, 2024, resulting in the change of its name to Bolt Projects Holdings, Inc., and its common stock began trading under the symbol "BSLK" on Nasdaq[40] - The Company completed a merger with Golden Arrow Merger Corp on August 13, 2024, with Legacy Bolt being the accounting acquirer[205] Tax and Legal Obligations - The Company owes approximately $2.9 million in excise tax as of September 30, 2025, with additional interest and penalties estimated at 9% per annum[115] - The Company currently owes approximately $2.9 million in excise tax liability related to redemptions of shares prior to the merger[223] Risks and Dependencies - The Company is dependent on a sole supplier for certain manufacturing activities, which poses a risk to inventory commercialization[67] - During the three months ended September 30, 2025, two customers represented 48% and 36% of total revenue, indicating significant customer concentration risk[68] - The Company has had negative cash flow from operations since inception, indicating ongoing financial challenges[52] Future Financing Plans - The Company may seek additional capital through public or private equity offerings or debt financing to support operations[54] - The Company entered into an equity purchase agreement with Ascent Partners Fund LLC, allowing the sale of up to $20.0 million of Common stock[195] - As of September 30, 2025, no shares had been sold to Ascent under the agreement, and the equity line of credit remained available for future use[199] - Starting in October 2025, the Company utilized the Ascent ELOC facility, issuing a total of 791,153 shares for gross proceeds of $1.8 million[200]
Bolt Projects Holdings, Inc.(BSLK) - 2025 Q3 - Quarterly Results
2025-11-12 21:10
Financial Information - Bolt Projects Holdings, Inc. announced preliminary, unaudited financial information for Q3 2025, ending September 30, 2025[6] - The press release detailing the financial updates was issued on October 21, 2025[6] Company Classification - The company is classified as an emerging growth company under the Securities Act of 1933[5]
Bolt Projects Holdings, Inc.(BSLK) - Prospectus
2025-09-26 21:04
As filed with the Securities and Exchange Commission on September 26, 2025 Registration No. 333- UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM S-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 BOLT PROJECTS HOLDINGS, INC. (Exact name of registrant as specified in its charter) Delaware 2860 86-1256660 (State or other jurisdiction of incorporation or organization) (Primary Standard Industrial Classification Code Number) (I.R.S. Employer Identification No.) 2261 Market ...
Golden Arrow Merger (GAMC) - Prospectus
2025-09-26 21:04
As filed with the Securities and Exchange Commission on September 26, 2025 Registration No. 333- UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM S-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 (I.R.S. Employer Identification No.) 2261 Market Street, Suite 5447 San Francisco, CA 94114 (415) 325-5912 (Address, including zip code, and telephone number, including area code, of registrant's principal executive offices) Daniel Widmaier Chief Executive Officer 2261 Market S ...
Morning Market Movers: FGI, AIHS, CNFR, WBTN See Big Swings
RTTNews· 2025-09-16 11:36
Core Viewpoint - Premarket trading is showing notable activity with significant price movements indicating potential investment opportunities before the market opens [1] Premarket Gainers - FGI Industries Ltd. (FGI) is up 278% at $15.02 [3] - Senmiao Technology Limited (AIHS) is up 96% at $4.22 [3] - Conifer Holdings, Inc. (CNFR) is up 86% at $2.11 [3] - WEBTOON Entertainment Inc. (WBTN) is up 39% at $20.81 [3] - Nukkleus Inc. (NUKK) is up 18% at $6.08 [3] - Tantech Holdings Ltd (TANH) is up 12% at $2.13 [3] - Check-Cap Ltd. (CHEK) is up 9% at $2.33 [3] - Ivanhoe Electric Inc. (IE) is up 8% at $9.71 [3] - Wolfspeed, Inc. (WOLF) is up 8% at $3.21 [3] - Bolt Projects Holdings, Inc. (BSLK) is up 5% at $3.95 [3] Premarket Losers - Envirotech Vehicles, Inc. (EVTV) is down 17% at $2.27 [4] - Dave & Buster's Entertainment, Inc. (PLAY) is down 15% at $20.40 [4] - NanoVibronix, Inc. (NAOV) is down 12% at $9.37 [4] - ADTRAN Holdings, Inc. (ADTN) is down 10% at $9.37 [4] - Rain Enhancement Technologies Holdco, Inc. (RAIN) is down 10% at $6.00 [4] - CNS Pharmaceuticals, Inc. (CNSP) is down 7% at $8.50 [4] - AVITA Medical, Inc. (RCEL) is down 7% at $6.22 [4] - Vince Holding Corp. (VNCE) is down 7% at $2.60 [4] - Monte Rosa Therapeutics, Inc. (GLUE) is down 6% at $6.50 [4] - Meiwu Technology Company Limited (WNW) is down 6% at $2.06 [4]
Golden Arrow Merger (GAMC) - Prospectus
2025-08-22 21:24
As filed with the Securities and Exchange Commission on August 22, 2025 Registration No. 333- UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM S-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 BOLT PROJECTS HOLDINGS, INC. (Exact name of registrant as specified in its charter) Delaware 2860 86-1256660 (State or other jurisdiction of incorporation or organization) (Primary Standard Industrial Classification Code Number) (I.R.S. Employer Identification No.) 2261 Market Str ...
Bolt Projects Holdings, Inc.(BSLK) - Prospectus
2025-08-22 21:24
As filed with the Securities and Exchange Commission on August 22, 2025 Registration No. 333- UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM S-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 BOLT PROJECTS HOLDINGS, INC. (Exact name of registrant as specified in its charter) Delaware 2860 86-1256660 (State or other jurisdiction of incorporation or organization) (Primary Standard Industrial Classification Code Number) (Name, address, including zip code, and telephone nu ...
Bolt Projects Holdings, Inc.(BSLK) - 2025 Q2 - Quarterly Report
2025-08-12 20:42
[Selected Definitions](index=4&type=section&id=Selected%20Definitions) Provides definitions for key terms used throughout the financial report [Forward-Looking Statements](index=5&type=section&id=Forward-Looking%20Statements) Discusses inherent risks and uncertainties associated with future-oriented statements and projections [Part I — Financial Information](index=7&type=section&id=Part%20I%20%E2%80%94%20Financial%20Information) This section presents the unaudited condensed consolidated financial statements for Bolt Projects Holdings, Inc., including balance sheets, statements of operations and comprehensive loss, statements of convertible preferred stock and stockholders' deficit, and cash flows, along with detailed notes explaining the company's organization, accounting policies, financial instruments, and recent events [Item 1. Financial Statements](index=7&type=section&id=Item%201.%20Financial%20Statements) This section presents the unaudited condensed consolidated financial statements for Bolt Projects Holdings, Inc., including balance sheets, statements of operations and comprehensive loss, statements of convertible preferred stock and stockholders' deficit, and cash flows, along with detailed notes explaining the company's organization, accounting policies, financial instruments, and recent events [Condensed Consolidated Balance Sheets (Unaudited)](index=7&type=section&id=Condensed%20Consolidated%20Balance%20Sheets%20(Unaudited)) Presents the company's financial position, including assets, liabilities, and equity, at specific reporting dates Condensed Consolidated Balance Sheets (June 30, 2025 vs. December 31, 2024) (in thousands of dollars) | Metric | June 30, 2025 (Unaudited) | December 31, 2024 | | :-------------------------------- | :-------------------------- | :------------------ | | Cash and cash equivalents | $974 | $3,512 | | Total current assets | $3,184 | $8,735 | | Total assets | $6,811 | $12,230 | | Total current liabilities | $8,712 | $6,837 | | Long-term debt, non-current | $13,009 | $13,186 | | Total liabilities | $21,971 | $20,840 | | Total stockholders' deficit | $(15,160) | $(8,610) | [Condensed Consolidated Statements Of Operations And Comprehensive Loss (Unaudited)](index=9&type=section&id=Condensed%20Consolidated%20Statements%20Of%20Operations%20And%20Comprehensive%20Loss%20(Unaudited)) Details the company's revenues, expenses, and net loss over specific reporting periods Condensed Consolidated Statements of Operations and Comprehensive Loss (Three Months Ended June 30) (in thousands of dollars) | Metric | June 30, 2025 | June 30, 2024 | | :------------------------------------------ | :------------ | :------------ | | Revenue | $1,302 | $56 | | Cost of revenue | $1,240 | $85 | | Gross income (loss) | $62 | $(29) | | Total operating expenses | $4,879 | $9,579 | | Loss from operations | $(4,817) | $(9,608) | | Total other income (expense), net | $234 | $(49,324) | | Net loss | $(4,583) | $(58,932) | | Net loss per share, basic and diluted | $(2.20) | $(252.21) | Condensed Consolidated Statements of Operations and Comprehensive Loss (Six Months Ended June 30) (in thousands of dollars) | Metric | June 30, 2025 | June 30, 2024 (Revised) | | :------------------------------------------ | :------------ | :---------------------- | | Revenue | $1,473 | $75 | | Cost of revenue | $1,412 | $150 | | Gross income (loss) | $61 | $(75) | | Total operating expenses | $10,278 | $14,805 | | Loss from operations | $(10,217) | $(14,880) | | Total other income (expense), net | $(325) | $(50,646) | | Net loss | $(10,542) | $(65,526) | | Net loss per share, basic and diluted | $(5.53) | $(280.43) | [Condensed Consolidated Statements Of Convertible Preferred Stock and Stockholders' Deficit (Unaudited)](index=10&type=section&id=Condensed%20Consolidated%20Statements%20Of%20Convertible%20Preferred%20Stock%20and%20Stockholders'%20Deficit%20(Unaudited)) Outlines changes in the company's convertible preferred stock and total stockholders' deficit over time [Condensed Consolidated Statements Of Cash Flows (Unaudited)](index=13&type=section&id=Condensed%20Consolidated%20Statements%20Of%20Cash%20Flows%20(Unaudited)) Reports the cash inflows and outflows from operating, investing, and financing activities [Notes To Unaudited Condensed Consolidated Financial Statements (Unaudited)](index=14&type=section&id=Notes%20To%20Unaudited%20Condensed%20Consolidated%20Financial%20Statements%20(Unaudited)) Provides detailed explanations and disclosures supporting the unaudited condensed consolidated financial statements [Note 1. Organization and Description of Business](index=14&type=section&id=Note%201.%20Organization%20and%20Description%20of%20Business) Describes the company's corporate structure, primary business activities, and operational context [Note 2. Liquidity and Going Concern](index=15&type=section&id=Note%202.%20Liquidity%20and%20Going%20Concern) Addresses the company's ability to meet its financial obligations and continue operations in the foreseeable future [Note 3. Significant Accounting Policies](index=16&type=section&id=Note%203.%20Significant%20Accounting%20Policies) Outlines the critical accounting principles and methods applied in preparing the financial statements [Note 4. Fair Value Measurements](index=21&type=section&id=Note%204.%20Fair%20Value%20Measurements) Details the valuation techniques and inputs used for assets and liabilities measured at fair value [Note 5. Significant Balance Sheet Components](index=26&type=section&id=Note%205.%20Significant%20Balance%20Sheet%20Components) Provides further disaggregation and details for major line items within the balance sheets [Note 6. Borrowings](index=28&type=section&id=Note%206.%20Borrowings) Describes the company's debt instruments, terms, and related obligations [Note 7. Warrants](index=29&type=section&id=Note%207.%20Warrants) Explains the nature, terms, and accounting treatment of outstanding warrants [Note 8. Common Stock and Stock-Based Compensation](index=34&type=section&id=Note%208.%20Common%20Stock%20and%20Stock-Based%20Compensation) Details transactions related to common stock and the accounting for stock-based compensation plans [Note 9. Income Taxes](index=37&type=section&id=Note%209.%20Income%20Taxes) Discusses the company's income tax provisions, deferred taxes, and tax-related uncertainties [Note 10. Commitments and Contingencies](index=38&type=section&id=Note%2010.%20Commitments%20and%20Contingencies) Discloses contractual obligations, legal proceedings, and other potential future liabilities [Note 11. Basic and Diluted Net Loss Per Share](index=40&type=section&id=Note%2011.%20Basic%20and%20Diluted%20Net%20Loss%20Per%20Share) Presents the calculation of basic and diluted net loss per share for the reporting periods [Note 12. Subsequent Events](index=40&type=section&id=Note%2012.%20Subsequent%20Events) Reports significant events that occurred after the balance sheet date but before the financial statements were issued [Item 2. Management's Discussion And Analysis Of Financial Condition And Results Of Operations](index=43&type=section&id=Item%202.%20Management's%20Discussion%20And%20Analysis%20Of%20Financial%20Condition%20And%20Results%20Of%20Operations) This section provides management's perspective on the company's financial condition and operational results for the three and six months ended June 30, 2025 and 2024, highlighting recent developments, key performance drivers, and liquidity challenges. The company continues to focus on its Vegan Silk Technology Platform despite ongoing losses and significant doubt about its ability to continue as a going concern - The company develops and commercializes biomaterials products, with its flagship Vegan Silk Technology Platform (b-silk and xl-silk) serving as a biodegradable protein polymer and silicone elastomer replacement in beauty and personal care[186](index=186&type=chunk) - The company completed a merger transaction with Golden Arrow Merger Corp. (GAMC) on August 13, 2024, with Legacy Bolt identified as the accounting acquirer[188](index=188&type=chunk)[190](index=190&type=chunk) GAMC was renamed Bolt Projects Holdings, Inc., and its common stock began trading on Nasdaq under 'BSLK'[191](index=191&type=chunk) - A **1-for-20 reverse stock split** was effected on April 21, 2025, to regain compliance with Nasdaq's minimum bid price requirement, which was successfully achieved by May 7, 2025[194](index=194&type=chunk)[201](index=201&type=chunk) - The company received a delisting notice from Nasdaq on August 12, 2025, due to non-compliance with minimum Market Value of Listed Securities and Publicly Held Shares requirements[202](index=202&type=chunk) The company plans to appeal this decision[203](index=203&type=chunk) - The company has a history of losses and negative cash flows, with an accumulated deficit of **$472.3 million** and cash and cash equivalents of **$1.0 million** as of June 30, 2025, raising substantial doubt about its ability to continue as a going concern[268](index=268&type=chunk)[270](index=270&type=chunk) [Overview](index=43&type=section&id=Overview) Provides a high-level summary of the company's business, strategy, and financial performance [Recent Developments](index=43&type=section&id=Recent%20Developments) Highlights key operational and strategic events that have recently impacted the company [Impact of Macroeconomic Trends](index=46&type=section&id=Impact%20of%20Macroeconomic%20Trends) Analyzes how broader economic conditions and trends influence the company's financial results [Key Factors Affecting Our Results and Performance](index=47&type=section&id=Key%20Factors%20Affecting%20Our%20Results%20and%20Performance) Identifies the primary internal and external drivers influencing the company's financial outcomes [Components of Results of Operations](index=47&type=section&id=Components%20of%20Results%20of%20Operations) Breaks down the individual revenue and expense categories contributing to the company's operating results [Results of Operations for the Three Months Ended June 30, 2025 and 2024](index=49&type=section&id=Results%20of%20Operations%20for%20the%20Three%20Months%20Ended%20June%2030%2C%202025%20and%202024) Compares the company's financial performance for the three-month periods ending June 30, 2025 and 2024 [Results of Operations for the Six Months Ended June 30, 2025 and 2024](index=53&type=section&id=Results%20of%20Operations%20for%20the%20Six%20Months%20Ended%20June%2030%2C%202025%20and%202024) Compares the company's financial performance for the six-month periods ending June 30, 2025 and 2024 [Liquidity and Capital Resources](index=58&type=section&id=Liquidity%20and%20Capital%20Resources) Assesses the company's ability to generate and manage cash to meet its short-term and long-term obligations [Recent Accounting Pronouncements](index=61&type=section&id=Recent%20Accounting%20Pronouncements) Discusses the potential impact of newly issued or adopted accounting standards on the company's financial statements [Critical Accounting Policies and Estimates](index=61&type=section&id=Critical%20Accounting%20Policies%20and%20Estimates) Highlights accounting policies and estimates that require significant management judgment and can materially affect financial results [Item 3. Quantitative And Qualitative Disclosures About Market Risk](index=64&type=section&id=Item%203.%20Quantitative%20And%20Qualitative%20Disclosures%20About%20Market%20Risk) As a smaller reporting company, Bolt Projects Holdings, Inc. is not required to provide quantitative and qualitative disclosures about market risk - The company is exempt from providing quantitative and qualitative disclosures about market risk due to its status as a smaller reporting company[308](index=308&type=chunk) [Item 4. Controls And Procedures.](index=64&type=section&id=Item%204.%20Controls%20And%20Procedures.) Management concluded that the company's disclosure controls and procedures were not effective as of June 30, 2025, due to identified material weaknesses in internal control over financial reporting. Remediation efforts are underway, including hiring key finance personnel and formalizing accounting policies and board meeting minutes - Disclosure controls and procedures were deemed **ineffective** as of June 30, 2025, due to material weaknesses in internal control over financial reporting[310](index=310&type=chunk) - Identified material weaknesses include insufficient personnel with technical accounting competency, lack of formal accounting policies and controls, and ineffective IT general controls[312](index=312&type=chunk) - Remediation efforts include engaging consultants for technical accounting, assisting with financial statement closing, implementing processes for board meeting minutes, and hiring key finance roles (VP Finance, Controller)[312](index=312&type=chunk)[316](index=316&type=chunk) [Limitations on Effectiveness of Controls and Procedures](index=64&type=section&id=Limitations%20on%20Ef%20ectiveness%20of%20Controls%20and%20Procedures) Explains the inherent limitations that may prevent internal controls from detecting all misstatements [Evaluation of Disclosure Controls and Procedures](index=64&type=section&id=Evaluation%20of%20Disclosure%20Controls%20and%20Procedures) Assesses the effectiveness of the company's controls designed to ensure timely and accurate financial disclosures [Material Weakness](index=64&type=section&id=Material%20Weakness) Identifies significant deficiencies in internal control over financial reporting that could lead to material misstatements [Changes in Internal Control over Financial Reporting](index=65&type=section&id=Changes%20in%20Internal%20Control%20over%20Financial%20Reporting) Reports any changes in the company's internal control over financial reporting during the period [Part II — Other Information](index=66&type=section&id=Part%20II%20%E2%80%94%20Other%20Information) Presents additional information not covered in the financial statements, including legal matters and exhibits [Item 1. Legal Proceedings](index=66&type=section&id=Item%201.%20Legal%20Proceedings) The company is involved in various litigation and administrative proceedings in the normal course of business, including a lawsuit where it is named as a nominal defendant. Management believes the ultimate resolution of these matters will not materially adversely affect its financial position or results of operations - The company is a nominal defendant in the Donoghue v. Golden Arrow Sponsor, LLC lawsuit, asserting claims under Section 16(b) of the Securities Exchange Act of 1934 against Golden Arrow Sponsor, LLC[162](index=162&type=chunk) - Management believes that the ultimate resolution of current legal matters will not have a material adverse effect on the company's financial position or results of operations[161](index=161&type=chunk) [Item 1A. Risk Factors](index=66&type=section&id=Item%201A.%20Risk%20Factors) There have been no material changes to the risk factors previously disclosed in the company's Annual Report on Form 10-K - No material changes to risk factors have occurred since the Annual Report on Form 10-K[319](index=319&type=chunk) [Item 2. Unregistered Sales Of Equity Securities And Use Of Proceeds](index=66&type=section&id=Item%202.%20Unregistered%20Sales%20Of%20Equity%20Securities%20And%20Use%20Of%20Proceeds) There were no unregistered sales of equity securities or use of proceeds to report in this period - No unregistered sales of equity securities or use of proceeds to report[320](index=320&type=chunk) [Item 3. Defaults Upon Senior Securities](index=66&type=section&id=Item%203.%20Defaults%20Upon%20Senior%20Securities) There were no defaults upon senior securities to report in this period - No defaults upon senior securities to report[321](index=321&type=chunk) [Item 4. Mine Safety Disclosures](index=66&type=section&id=Item%204.%20Mine%20Safety%20Disclosures) Mine safety disclosures are not applicable to the company's operations - Mine safety disclosures are not applicable[322](index=322&type=chunk) [Item 5. Other Information](index=66&type=section&id=Item%205.%20Other%20Information) This section details material definitive agreements and Nasdaq listing compliance issues. The company entered into waiver agreements with Ginkgo to defer interest payments on Senior Secured Notes and received a delisting notice from Nasdaq for failing to meet market value requirements, which it intends to appeal - On July 3, 2025, and August 7, 2025, the company entered into waiver agreements with Ginkgo to defer the June 30, 2025 interest payment date on the Senior Secured Note Purchase Agreement[324](index=324&type=chunk) - The company received a delisting notice from Nasdaq on August 12, 2025, due to non-compliance with the minimum Market Value of Listed Securities (**$50 million**) and Market Value of Publicly Held Shares (**$15 million**) requirements[327](index=327&type=chunk)[328](index=328&type=chunk) - The company intends to appeal the delisting determination to the Nasdaq Hearings Panel, which will stay any further action pending the hearing's outcome[329](index=329&type=chunk) [Item 1.01 Entry into a Material Definitive Agreement](index=66&type=section&id=Item%201.01%20Entry%20into%20a%20Material%20Definitive%20Agreement) Reports on significant new agreements or amendments that materially affect the company's financial condition or operations [Item 3.01. Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing](index=66&type=section&id=Item%203.01.%20Notice%20of%20Delisting%20or%20Failure%20to%20Satisfy%20a%20Continued%20Listing%20Rule%20or%20Standard%3B%20Transfer%20of%20Listing) Discloses any notices received regarding non-compliance with listing standards or potential delisting from an exchange [Item 6. Exhibits](index=68&type=section&id=Item%206.%20Exhibits) This section lists all exhibits filed with the Form 10-Q, including business combination agreements, certificates of incorporation, warrant agreements, and certifications - Key exhibits include the Business Combination Agreement, Certificate of Amendment to the Certificate of Incorporation, Warrant Agreements (including with Triton Funds LP and Golden Arrow Sponsor LLC), and Limited Waivers to the Senior Secured Note Purchase Agreement with Ginkgo Bioworks, Inc[331](index=331&type=chunk) [Signatures](index=70&type=section&id=Signatures) The report is duly signed on behalf of Bolt Projects Holdings, Inc. by its Chief Executive Officer, Daniel Widmaier, and Interim Chief Financial Officer, Randy Befumo, as of August 12, 2025 - The report was signed by Daniel Widmaier, Chief Executive Officer, and Randy Befumo, Interim Chief Financial Officer, on August 12, 2025[337](index=337&type=chunk)