David Nate Breslauer's Schedule 13D Filing for Bolt Projects Holdings, Inc.
David Nate Breslauer, Chief Technology Officer, Chief Product Officer, and a director of Bolt Projects Holdings, Inc., filed a Schedule 13D disclosing his beneficial ownership of 115,214 shares of the company's common stock, representing approximately 5.4% of the outstanding shares. The filing details the acquisition of these shares through a business combination agreement dated August 13, 2024, which involved the merger of Bolt Threads, Inc. with a subsidiary of Bolt Projects Holdings, Inc. Breslauer also entered into an amended and restated registration rights and lock-up agreement, which includes provisions for the resale of securities and a six-month lock-up period post-closing. The filing indicates that Breslauer may consider additional transactions involving the company's securities based on various factors, including market conditions and the company's performance.