Streetbeat News

GAMC

Golden Arrow Merger Corp.

https://www.goldenarrowspac.com

Industry

Shell Companies

Golden Arrow Merger Corp. does not have significant operations. The company intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses in the healthcare or healthcare-related infrastructure industries in the United States and other developed countries. Golden Arrow Merger Corp. was incorporated in 2020 and is based in New York, New York.

Open

11.47

Mkt cap

69M

Volume

74K

High

16.66

P/E Ratio

-31.03

52-wk high

17.02

Low

8.67

Div yield

N/A

52-wk low

8.37

Bolt Threads has completed its business combination with Golden Arrow Merger Corp and will begin trading on Nasdaq under the new symbol 'BSLK' on August 14, 2024. This transaction aims to accelerate Bolt Threads' biomaterials platform, focusing on sustainable materials in the consumer goods industry.

Portfolio Pulse from Benzinga Newsdesk

August 13, 2024 | 8:04 pm

Bolt Threads, a pioneer in sustainable biomaterials for consumer products, has entered into a definitive business combination agreement with Golden Arrow Merger Corp. (NASDAQ:GAMC). The deal values Bolt Threads at $250M and is expected to provide at least $35M of gross proceeds to the company. The transaction is expected to enable high-volume distribution and adoption of Bolt Threads' biomaterials in consumer goods, starting with beauty and personal care. Upon closing, the combined company will be named 'Bolt Projects Holdings, Inc.' and is expected to remain listed on Nasdaq under a new ticker symbol 'BSLK'.

Portfolio Pulse from Benzinga Newsdesk

October 04, 2023 | 12:16 pm

All corporate logos and prices are for illustrative purposes only and are not a recommendation, an offer to sell, or a solicitation of an offer to buy any security.