Private Placement Announcement: Bolt Projects Holdings, Inc. has entered into agreements to sell 913,979 shares of common stock at $4.65 per share in a private placement, expected to close around August 15, 2025, aiming to raise approximately $4.25 million for working capital and corporate purposes.
Company Overview: Bolt Projects specializes in developing innovative biomaterials for the beauty industry, notably through its Vegan Silk Technology Platform, which includes patented products that are vegan and biodegradable, supported by a strong intellectual property portfolio.
BSLK
$1.81+Infinity%1D
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About BSLK
Bolt Projects Holdings, Inc. is a material solutions company. The Company develops and produces biomaterials for the beauty and personal care industry. The Company is a pioneer in the consumer biomaterials space. The Vegan Silk Technology Platform includes b-silk and xl-silk, which are fully biodegradable, film-forming, versatile and functional ingredients for the beauty industry. The Company’s Vegan Silk Technology Platform produces b-silk and other offerings for the beauty and personal care industry that are fully vegan and biodegradable. Its intellectual property portfolio is anchored by 68 granted patents and 166 pending patent applications.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
