Golden Arrow Sponsor, LLC - Feb 14, 2025 Form 4 Insider Report for Bolt Projects Holdings, Inc. (BSLK)

Role: 10%+ Owner
Signature: /s/ Andrew Rechtschaffen
Stock symbol: BSLK
Transactions as of: Feb 14, 2025
Transactions value $: $0
Form type: 4
Date filed: 4/8/2025, 06:15 PM
Previous filing: Dec 31, 2024
SEC: View on sec.gov

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	BSLK	Warrants (right to buy)	Expiration (or cancellation) of long derivative position with value received		-5M	-100%		0	Feb 14, 2025	Common Stock	5M	$11.50	Direct	F1, F2
transaction	BSLK	Warrant (right to buy)	Purchase		+5M			5M	Feb 14, 2025	Common Stock	5M	$0.50	Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The two transactions reported in Table II above involved the exchange of outstanding warrants to reduce the exercise price from $11.50 to $0.50 per share, among other changes, pursuant to the exchange agreement, dated February 14, 2025, between the Issuer and the Reporting Person. The exchange is reported above as the cancellation of the old warrants and the acquisition of a new warrant.
F2	The securities are held directly by the Reporting Person. The Reporting Person is controlled by Timothy Babich, Jacob Doft, Lance Hirt and Andrew Rechtschaffen. Accordingly, Messrs. Babich, Doft, Hirt and Rechtschaffen share voting and dispositive power over these securities held by the Reporting Person and may be deemed to beneficially own such shares. Each of Messrs. Babich, Doft, Hirt and Rechtschaffen disclaims beneficial ownership of such shares, except to the extent of his pecuniary interest therein.

Content

The two transactions reported in Table II above involved the exchange of outstanding warrants to reduce the exercise price from $11.50 to $0.50 per share, among other changes, pursuant to the exchange agreement, dated February 14, 2025, between the Issuer and the Reporting Person. The exchange is reported above as the cancellation of the old warrants and the acquisition of a new warrant.

The securities are held directly by the Reporting Person. The Reporting Person is controlled by Timothy Babich, Jacob Doft, Lance Hirt and Andrew Rechtschaffen. Accordingly, Messrs. Babich, Doft, Hirt and Rechtschaffen share voting and dispositive power over these securities held by the Reporting Person and may be deemed to beneficially own such shares. Each of Messrs. Babich, Doft, Hirt and Rechtschaffen disclaims beneficial ownership of such shares, except to the extent of his pecuniary interest therein.