Bolt Projects Holdings Faces Delisting Notice

TL;DR

Bolt Projects Holdings got a notice about potentially being delisted. Big trouble ahead?

AI Summary

Bolt Projects Holdings, Inc. filed an 8-K on October 2, 2025, reporting a notice of delisting or failure to satisfy continued listing rules as of September 30, 2025. The company, formerly known as Golden Arrow Merger Corp., is incorporated in Delaware and has its principal executive offices in San Francisco, California.

Why It Matters

This filing indicates potential delisting from an exchange, which could significantly impact the liquidity and valuation of the company's stock.

Risk Assessment

Risk Level: high — A notice of delisting or failure to meet listing standards poses a significant risk to the company's continued trading on an exchange.

Key Numbers

• 001-40223 — SEC File Number (Identifies the company's filing history with the SEC.)
• 86-1256660 — IRS Employer Identification No. (Company's tax identification number.)

Key Players & Entities

• Bolt Projects Holdings, Inc. (company) — Registrant
• Golden Arrow Merger Corp. (company) — Former company name
• September 30, 2025 (date) — Date of earliest event reported
• October 2, 2025 (date) — Date of report
• 2261 Market Street, Suite 5447 (address) — Principal executive offices
• San Francisco, CA (location) — Principal executive offices location

FAQ

Key Financial Figures

• $0.0001 — ich registered Common stock, par value $0.0001 per share BSLK The Nasdaq Stock Market
• $230.00 B — of Common stock at an exercise price of $230.00 BSLKW The Nasdaq Stock Market LLC Indic

Filing Documents

• bslk-20250930.htm (8-K) — 33KB
• 0001841125-25-000135.txt ( ) — 200KB
• bslk-20250930.xsd (EX-101.SCH) — 3KB
• bslk-20250930_def.xml (EX-101.DEF) — 17KB
• bslk-20250930_lab.xml (EX-101.LAB) — 31KB
• bslk-20250930_pre.xml (EX-101.PRE) — 17KB
• bslk-20250930_htm.xml (XML) — 4KB

01 Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard Transfer of Listing

Item 3.01 Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard Transfer of Listing. As previously reported, on August 12, 2025, Bolt Projects Holdings, Inc. (the "Company") received a letter from the Nasdaq Stock Market ("Nasdaq") stating that, as a result of the Company's continued non-compliance with the minimum market value of listed securities requirement as set forth in Nasdaq Listing Rule 5450(b)(2)(A) ("MVLS") and with the minimum market value of publicly held shares requirement as set forth in Nasdaq Listing Rule 5450(b)(2)(C) ("MVPHS"), its securities would be delisted from Nasdaq unless the Company appeals the delisting determination by requesting a hearing before the Nasdaq Hearings Panel (the "Panel"). The Company made a timely request for a hearing before the Panel to appeal the delisting determination. On 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 standard requirement under Nasdaq Listing Rule 5550(b)(1) (the "Equity Rule") in lieu of regaining compliance with Nasdaq's MVLS and MVPHS listing rules and is to phase down to the Nasdaq Capital Market. The Company intends to satisfy these requirements and demonstrate compliance with the Equity Rule within the current extension period or, if appropriate, to request a further extension from the Panel, with any such further extension subject to the Panel's discretion. The Company is undertaking measures to regain compliance within

Forward-Looking Statements

Forward-Looking Statements This Current Report on Form 8-K contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The Company intends such forward-looking statements to be covered by the safe harbor provisions for forward-looking statements contained in Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements in this Current Report on Form 8-K that do not relate to matters of historical fact should be considered forward-looking statements, including, without limitation, statements regarding the Company's intent to regain compliance with the Equity Rule, its plan to request an extension of time to regain compliance and any extension of time granted by the Panel. The words "believe," "may," "will," "estimate," "potential," "continue," "anticipate," "intend," "expect," "could," "would," "project," "plan," "target," and similar expressions are intended to identify forward-looking statements, though not all forward-looking statements use these words or expressions. These forward-looking statements are based on management's current expectations. These statements are neither promises nor guarantees and involve known and unknown risks, uncertainties and other important factors that may cause actual results, performance or achievements to be materially different from what is expressed or implied by the forward-looking statements, including, but not limited to those factors discussed in under the section entitled "Risk Factors" in the Company's prospectus on Form 424(b)(3) filed with the Securities and Exchange Commission on September 30, 2025, as any such factors may be updated from time to time in the Company's other filings with the SEC, which are accessible on the SEC's website at www.sec.gov and the Company's investor relations site at boltprojectsholdings.com. Forward-looking statements speak only as of the date they are made and, e

View Full Filing

View this 8-K filing on SEC EDGAR