- Bolt Projects Holdings, Inc. (BSLK) entered into an **Equity Purchase Agreement** with Ascent Partners Fund LLC on **September 12, 2025**, establishing an equity line of credit facility.  **[1841125_0001841125-25-000129_ex-101bslkxascentxelocspae.htm:0]** **[1841125_0001841125-25-000129_bslk-20250912.htm:2]** 
- Under this agreement, the company has the right to sell up to **$20.0 million** of its common stock to the investor.  **[1841125_0001841125-25-000129_bslk-20250912.htm:2]** 
- Key limitations include the investor's beneficial ownership not exceeding **9.99%** of the company's voting power and a **$1.00** floor price for share purchases.  **[1841125_0001841125-25-000129_bslk-20250912.htm:2]** 
- As a commitment fee, the company issued **85,588 shares** of common stock to the investor.  **[1841125_0001841125-25-000129_bslk-20250912.htm:4]** **[1841125_0001841125-25-000129_ex-101bslkxascentxelocspae.htm:36]** 
- The company expects to use the proceeds from any sales for **working capital and general corporate purposes**.  **[1841125_0001841125-25-000129_bslk-20250912.htm:3]**

Bolt Projects Holdings (BSLK)