- CEO
- Timothy C. Babich
- Sector
- Financial Services
- Industry
- Shell Companies
- Address
- DE United States of America
- Business
- Golden Arrow Merger Corp. (GAMCW) is a blank check company formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses; it focuses on opportunities across industries and geographies, particularly those benefiting from public-market access, with an emphasis on growth prospects, competitive positioning and synergy potential. Incorporated in Delaware in 2020 and headquartered at 10 E. 53rd Street, 13th Floor, New York, NY, the company completed its initial public offering of 25 million units priced at $10 each on Nasdaq in March 2021, raising $250 million in gross proceeds underwritten by BTIG, LLC and I-Bankers Securities, Inc.; units comprise one share of Class A common stock (GAMC) and one-third of a redeemable warrant (GAMCW), each whole warrant exercisable at $11.50 per share until July 2026. In August 2024, Golden Arrow completed a reverse merger business combination with Bolt Threads, Inc., a biomaterials company, resulting in the combined entity renamed Bolt Projects Holdings Inc. (BSLK) trading on Nasdaq; the transaction, initially announced October 2023 at a $346.1 million pro forma enterprise value, delivered at least $35 million in gross proceeds including PIPE financing anchored by investors such as Baillie Gifford and Temasek, with extensions of the deadline to September 2024 prior to closing following shareholder approval on August 9, 2024.