Form 4: Golden Arrow Sponsor Sells 50,000 Shares of Bolt Projects Holdings Stock

Golden Arrow Sponsor, LLC, a 10% owner and director of Bolt Projects Holdings, Inc. (BSLK), reported the sale of 50,000 shares of common stock on May 30, 2025, at a weighted average price of $3.0896 per share.

Summary

• Golden Arrow Sponsor, LLC, identified as a Director and 10% Owner of Bolt Projects Holdings, Inc. (BSLK), reported a transaction.
• On May 30, 2025, the Reporting Person sold 50,000 shares of Bolt Projects Holdings, Inc. Common Stock.
• The shares were sold at a weighted average price of $3.0896 per share, with individual transaction prices ranging from $2.95 to $3.41.
• Following this transaction, Golden Arrow Sponsor, LLC directly beneficially owns 367,089 shares of Common Stock.
• The Reporting Person is controlled by Timothy Babich, Jacob Doft, Lance Hirt, and Andrew Rechtschaffen, who share voting and dispositive power over these securities.

Sentiment

Score: 3

Explanation: The document reports an insider sale by a significant owner and director, which is generally perceived as a negative signal by the market, indicating potential lack of confidence or a strategic divestment.

Negatives

• A significant insider (10% owner and director), Golden Arrow Sponsor, LLC, sold 50,000 shares of common stock, which can be perceived negatively by investors as it might signal a lack of confidence or a strategic shift.

Future Outlook

NA

Industry Context

This Form 4 filing reports an insider transaction and does not provide broader industry context or trends.

Related Party Transactions

• Golden Arrow Sponsor, LLC, a 10% owner and director of Bolt Projects Holdings, Inc., sold 50,000 shares of the company's common stock at a weighted average price of $3.0896 per share. This constitutes a related party transaction due to the reporting person's significant relationship with the issuer.

Stakeholder Impact

• Shareholders may perceive the sale of shares by a significant insider (10% owner and director) as a negative signal regarding the company's future prospects or valuation, potentially leading to downward pressure on the stock price.

Next Steps

• The Reporting Person undertakes to provide full information regarding the number of shares sold at each separate price upon request by the SEC staff, the issuer, or a shareholder.

Key Dates

Keywords

SEC Form 4, insider trading, stock sale, beneficial ownership, Bolt Projects Holdings, BSLK, Golden Arrow Sponsor, LLC, equity transaction