Bolt Projects Holdings, Inc. certified termination of its registration and suspended its duty to file reports under the Securities Exchange Act of 1934 by submitting a Form 15. The filing covers Common Stock, par value $0.0001 per share and warrants described as "each 20 whole warrants exercisable for one share of common stock at an exercise price of $230.00." The certification is signed by Daniel Widmaier, Chief Executive Officer and dated March 12, 2026.
Bolt Projects Holdings, Inc. submitted a Form 25 notifying the removal of its Common Stock and its Warrants from listing and registration on the Nasdaq Capital Market.
The filing states the Exchange complied with 17 CFR 240.12d2-2(b) and the Issuer complied with 17 CFR 240.12d2-2(c). The Form 25 is dated March 2, 2026 and is signed by Daniel Widmaier, Chief Executive Officer. The warrants are described as 20 whole warrants exercisable for one share at an exercise price of $230.00.
Bolt Projects Holdings, Inc. reported that its independent registered public accounting firm, Elliott Davis, PLLC, resigned from its engagement effective February 27, 2026. Elliott Davis had audited the company’s financial statements for the years ended December 31, 2024 and 2023.
The auditor’s reports contained an explanatory paragraph expressing substantial doubt about Bolt Projects’ ability to continue as a going concern, but did not include adverse opinions, disclaimers, or qualifications on scope or accounting principles. The company states there were no disagreements with Elliott Davis on accounting, disclosure, or audit procedures during the past two fiscal years and subsequent interim period.
The company also notes there were no “reportable events” other than previously disclosed material weaknesses in internal control over financial reporting described in its Form 10-K for the year ended December 31, 2024. Bolt Projects has requested, and filed as an exhibit, a letter from Elliott Davis addressed to the SEC regarding these disclosures.
Bolt Projects Holdings, Inc. reported that its General Counsel & Secretary, Paul Joseph Slattery, received a grant of options to buy 21,115 shares of common stock on February 9, 2026. The options were awarded at an exercise price of $0.00 per share.
According to the terms, the option vests in equal installments, with one-twelfth of the underlying common shares becoming exercisable on each quarterly anniversary of the grant date, subject to Mr. Slattery’s continued service with the company.
Bolt Projects Holdings, Inc. reported that Chief Executive Officer Daniel Matthew Widmaier received a new stock option award. On February 9, 2026, he was granted options covering 46,335 shares of common stock at no cash cost on the grant date.
The option vests gradually, with one-twelfth of the shares vesting on each quarterly anniversary of the grant date. Vesting requires his continued service with the company, meaning he earns the right to exercise more of the option over time as he remains in his role.