SHAREHOLDER ALERT: Pomerantz Law Firm Reminds Shareholders with Losses on their Investment in Bolt Biotherapeutics, Inc. of Class Action Lawsuit and Upcoming Deadlines - BOLT
Class Action Lawsuit Filed: A class action lawsuit has been initiated against Bolt Biotherapeutics, Inc. and certain officers for allegedly making false statements regarding the efficacy of their cancer treatment product BDC-1001, leading to significant financial losses for investors during the Class Period from February 5, 2021, to May 14, 2024.
Impact on Company Operations: Following the announcement that BDC-1001 would cease development due to failure to meet success criteria, Bolt's stock plummeted by over 37%, prompting analysts to downgrade the company's stock based on concerns about its future product pipeline and leadership changes.
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Company Overview: Bolt Biotherapeutics, Inc. reported its Q3 2025 financial results, highlighting its focus on developing immunotherapies for cancer through its proprietary Boltbody ISAC platform, which includes two clinical-stage candidates, BDC-3042 and BDC-4182.
Clinical Trials Update: BDC-3042, targeting tumor-associated macrophages, has shown early signs of immune activation in a Phase 1 study, while BDC-4182 is being evaluated for gastric and gastroesophageal cancers, with initial data expected in Q3 2026.
Financial Performance: The company reported a narrowed net loss of $7.1 million for Q3 2025, a significant improvement from the previous year, attributed to reduced R&D and G&A costs following a corporate restructuring.
Stock Performance: Bolt's stock has fluctuated between $4.42 and $13 over the past year, closing at $4.69 recently, with a slight increase in overnight trading.

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Clinical Study Results: BDC-3042, a novel immunotherapy developed by Bolt Biotherapeutics, demonstrated a favorable safety profile and biological activity in a Phase 1 clinical trial, with no serious adverse events reported and signs of anti-tumor activity in patients with various cancers.
Future Development Plans: The company is seeking partnerships to accelerate the development of BDC-3042, which targets dectin-2 on tumor-associated macrophages, and aims to explore its potential in combination with other therapies for improved patient outcomes.
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Clinical Trials Update: Bolt Biotherapeutics is set to begin a clinical trial for BDC-4182, targeting gastric cancer, in the second quarter of 2025, while the Phase 1 trial for BDC-3042 has been fully enrolled with no dose-limiting toxicities reported.
Financial Overview: As of December 31, 2024, Bolt Biotherapeutics has a cash balance of $70.2 million, expected to fund operations and key milestones through mid-2026, despite reporting a net loss of $63.1 million for the year.

Collaboration Announcement: Bolt Biotherapeutics is collaborating with Toray Industries to develop a Boltbody Immune-Stimulating Antibody Conjugate targeting Caprin-1, a cancer target discovered by Toray, applicable to various solid tumors.
Joint Development Agreement: Under their agreement, Toray provides proprietary antibodies like TRK-950, while Bolt contributes linker-payloads from its technology platform, aiming for co-development and commercialization of the resulting product candidate.





