BSLK

Preliminary Third Quarter Results: Bolt Projects Holdings anticipates approximately $370,000 in revenue for Q3 2025, marking a 7,000% increase year-over-year, with a gross profit margin expected to rise to at least 15%.

Updated 2025 Guidance: The company projects full-year revenue of around $4.5 million for 2025, a 228% increase from 2024, and has raised its gross profit guidance to $1 million due to improved unit economics.

Financing Initiatives: Bolt has initiated an equity line of credit for up to $20 million and plans to leverage a $30 million convertible debt facility to enhance its liquidity and balance sheet position.

Business Focus: The company is concentrating exclusively on its Vegan Silk Technology Platform, pausing operations in other areas, and is optimistic about converting its sales pipeline into revenue, with updates expected for 2026 after Q4 results.

Prospectus Filing: Bolt Projects Holdings filed a prospectus for the resale of up to 20.09 million shares of common stock by Ascent Partners Fund.

Equity Line of Credit: The filing includes a $20 million equity line of credit with Ascent, which allows for future sales and may raise up to $20 million in gross proceeds for Bolt.

NASDAQ 100 Pre-Market Performance: The NASDAQ 100 Pre-Market Indicator is up 49.31 points to 24,343.09, with a total pre-market volume of 124,640,530 shares traded.

Most Active Stocks: Notable active stocks include Direxion Daily TSLA Bull 2X Shares (TSLL) up 194.12% from its 52-week low, Oracle Corporation (ORCL) with a positive earnings forecast, and Nukkleus Inc. (NUKK) showing significant trading activity.