Golden Arrow Merger Corp. Enters Material Definitive Agreement

TL;DR

GAMC signed a big deal on 7/11, check the filings.

AI Summary

Golden Arrow Merger Corp. (GAMC) entered into a material definitive agreement on July 11, 2024, related to its financial obligations. The company, incorporated in Delaware, is involved in the industrial organic chemicals sector. This filing also includes financial statements and exhibits.

Why It Matters

This filing indicates a significant contractual development for Golden Arrow Merger Corp., potentially impacting its financial structure and future operations.

Risk Assessment

Risk Level: medium — Material definitive agreements can introduce new financial obligations or strategic shifts that carry inherent risks.

Key Players & Entities

• Golden Arrow Merger Corp. (company) — Registrant
• July 11, 2024 (date) — Date of earliest event reported
• Delaware (jurisdiction) — State of incorporation

FAQ

Key Financial Figures

• $0.0001 — t LLC Class A Common Stock, par value $0.0001 per share GAMC The Nasdaq Stock Mar
• $11.50 — A Common Stock at an exercise price of $11.50 GAMCW The Nasdaq Stock Market LLC
• $220,000 — te (the "Note"), in the amount of up to $220,000 to Golden Arrow Sponsor, LLC (the "Spon
• $1.50 — tal Warrants") at a conversion price of $1.50 per warrant, provided that the aggregat

Filing Documents

• ea0209563-8k_golden.htm (8-K) — 35KB
• ea020956301ex10-1_golden.htm (EX-10.1) — 23KB
• 0001213900-24-062196.txt ( ) — 291KB
• gamc-20240711.xsd (EX-101.SCH) — 4KB
• gamc-20240711_def.xml (EX-101.DEF) — 27KB
• gamc-20240711_lab.xml (EX-101.LAB) — 37KB
• gamc-20240711_pre.xml (EX-101.PRE) — 25KB
• ea0209563-8k_golden_htm.xml (XML) — 7KB

01. Entry into a Material Definitive

Item 1.01. Entry into a Material Definitive Agreement. The information provided in

03 of this Current Report on Form 8-K is incorporated by reference into this Item 1.01

Item 2.03 of this Current Report on Form 8-K is incorporated by reference into this Item 1.01.

03 Creation of a Direct Financial Obligation or an Obligation

Item 2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant On July 11, 2024, Golden Arrow Merger Corp. (the "Company") issued an unsecured promissory note (the "Note"), in the amount of up to $220,000 to Golden Arrow Sponsor, LLC (the "Sponsor"). The proceeds of the Note, may be drawn down from time to time prior to the Maturity Date (as defined below) upon request by the Company. The Note bears no interest and the principal balance is payable on the date of the consummation of the Company's initial business combination (the "Maturity Date"). On or before the Maturity Date, the Sponsor has the option to convert all or any portion of the principal outstanding under the Note into warrants ("Working Capital Warrants") at a conversion price of $1.50 per warrant, provided that the aggregate of such Working Capital Warrants, together with any warrants issued upon conversions pursuant to the promissory notes, dated February 25, 2022, August 26, 2022, March 8, 2023 and April 3, 2024, do not exceed 1,000,000 warrants. The terms of the Working Capital Warrants, if any, would be identical to the terms of the private placement warrants issued by the Company at the time of its initial public offering (the "IPO"), as described in the prospectus for the IPO dated March 16, 2021 and filed with the U.S. Securities and Exchange Commission (the "SEC"), including the transfer restrictions applicable thereto. The Note is subject to customary events of default, the occurrence of certain of which automatically triggers the unpaid principal balance of the Note and all other sums payable with regard to the Note becoming immediately due and payable . The issuance of the Note was made pursuant to the exemption from registration contained in Section 4(a)(2) of the Securities Act of 1933, as amended. The foregoing description of the Note is qualified in its entirety by reference to the full text of the Note, a copy of which i

01 Financial Statements and Exhibits

Item 9.01 Financial Statements and Exhibits. (d) Exhibits Exhibit No. Description 10.1 Promissory Note, dated July 11, 2024, issued by Golden Arrow Merger Corp. to Golden Arrow Sponsor LLC 104 Cover Page Interactive Data File - the cover page interactive data file does not appear in the Interactive Data File because its XBRL tags are embedded within the Inline XBRL document 1 SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Golden Arrow Merger Corp. By: /s/ Timothy Babich Name: Timothy Babich Title: Chief Executive Officer Date: July 17, 2024 2

View Full Filing

View this 8-K filing on SEC EDGAR