Bolt Threads Announces Closing Of Business Combination With Golden Arrow Merger Corp, Will Begin Trading On Nasdaq Under New Symbol "BSLK" On August 14, 2024
Benzinga Newsdesk 2 years ago
M&A
Transaction Will Help Accelerate Bolt Threads' Pioneering Biomaterials Platform, Scaling its Sustainable Materials in the Consumer Goods Industry, Starting With Beauty and Personal CareBolt Threads, Inc. (NASDAQ:BSLK)
Transaction Will Help Accelerate Bolt Threads' Pioneering Biomaterials Platform, Scaling its Sustainable Materials in the Consumer Goods Industry, Starting With Beauty and Personal Care
Bolt Threads, Inc. (NASDAQ:BSLK) ("Bolt Threads"), a pioneer in sustainable biomaterials for consumer products, today reported the closing of its previously announced business combination with Golden Arrow Merger Corp (NASDAQ:GAMC) ("Golden Arrow"). GAMC shareholders approved the transaction at GAMC's special meeting held on August 9, 2024.
The combined company is now called Bolt Projects Holdings Inc. and its common stock is expected to begin trading on the Nasdaq Stock Market on August 14, 2024, under the ticker symbol "BSLK". The combined company will be led by Bolt Threads Founder and CEO Dan Widmaier.