UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d)
OF THE SECURITIES EXCHANGE ACT OF 1934
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Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (Sec.230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (Sec.240.12b-2 of this chapter).
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Item 5.02 Departure of Directors or Principal Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On February 20, 2025, the Board of Directors (the “Board”) of the Company appointed Christine Battist to the Board to fill the vacancy on the Board and serve as a Class II director and as a member and the chairperson of the Audit Committee of the Board (the “Audit Committee”), effective as of that date (the “Effective Date”). Ms. Battist will serve for a term expiring at the Company’s annual meeting of stockholders to be held in 2026 and until her successor is duly elected and qualified or until her earlier death, resignation, disqualification or removal.
In connection with Ms. Battist’s appointment to the Board, effective as of the Effective Date, Ms. Battist became eligible to participate in, and receive cash and equity compensation pursuant to the terms and conditions of, the Company’s Non-Employee Director Compensation Program. The material terms of the Company’s Non-Employee Director Compensation Program are described in the Company’s prospectus under 424(b)(8) (File No. 333-282014) filed with the Securities and Exchange Commission on September 23, 2024 and incorporated by reference herein.
Ms. Battist is expected to enter into the Company’s standard form indemnification agreement in the form filed as Exhibit 10.28 to the Company’s Registration Statement on Form S-4/A (File No. 333-276849) filed with the Securities and Exchange Commission on July 10, 2024.
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SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
BOLT PROJECTS HOLDINGS, INC. | ||
Date: February 25, 2025 | By: | /s/ Daniel Widmaier |
Name: | Daniel Widmaier | |
Title: | Chief Executive Officer |
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