SCHEDULE: Ascent Partners Group Discloses 5.4% Stake in Bolt Projects
Beneficial Ownership Disclosure
A group of entities and individuals led by Ascent Partners Fund LLC has disclosed a 5.4% beneficial ownership stake in Bolt Projects Holdings, Inc., totaling 130,773 shares.
Summary
- A group of reporting persons, including Ascent Partners Fund LLC, Ascent Partners LLC, Dominion Capital LLC, Dominion Capital GP LLC, Dominion Capital Holdings LLC, Masada Group Holdings LLC, Mikhail Gurevich, Gennadiy Gurevich, and Alon Brenner, beneficially owns 130,773 shares of Bolt Projects Holdings, Inc. Common Stock.
- This ownership represents 5.4% of the company's total outstanding Common Stock.
- The percentage is calculated based on 3,940,170 shares of Common Stock outstanding, which includes 3,706,197 shares as of September 22, 2025, plus 233,973 shares issued to the reporting person, less 103,200 shares subsequently disposed.
- The shares were acquired in connection with an equity purchase agreement dated September 12, 2025, between the issuer and Ascent Partners Fund LLC.
- The reporting persons have shared voting and dispositive power over the 130,773 shares.
- The acquisition is stated not to be for the purpose of changing or influencing control of the issuer.
Sentiment
Score: 6
Explanation: The filing is a standard ownership disclosure. The acquisition of a significant stake by an investment group, especially through an equity purchase agreement, can be viewed as a positive signal of investor confidence and a capital raise for the company, hence a slightly positive score. However, it is a factual disclosure, not a performance report.
Positives
- Increased institutional ownership by a group of investment entities and individuals, potentially signaling confidence in the company.
- The acquisition was made via an equity purchase agreement, indicating a direct investment into the company and a capital raise.
Future Outlook
The filing does not contain specific forward-looking statements or guidance from the issuer or reporting persons beyond the statement that the shares were not acquired for the purpose of changing or influencing control.
Management Comments
- The reporting persons certify that the securities were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer.
Industry Context
This filing indicates a routine disclosure of a significant passive ownership stake by an investment group in a publicly traded company. Such disclosures are common and reflect ongoing investment activity in the market, but without further context on Bolt Projects Holdings, Inc.'s specific industry, broader trends cannot be fully assessed.
Stakeholder Impact
- Shareholders: Increased institutional ownership may be perceived positively, potentially signaling confidence in the company's future.
- Company: The equity purchase agreement provided capital to the company.
Next Steps
- The reporting persons will file subsequent amendments to this Schedule 13G if there are material changes to their beneficial ownership or other relevant information.
Key Dates
| Date | Description |
|---|---|
| 2025-09-12 | Date of equity purchase agreement between Bolt Projects Holdings, Inc. and Ascent Partners Fund LLC. |
| 2025-09-22 | Date as of which 3,706,197 shares of Common Stock were outstanding, as disclosed in the Prospectus. |
| 2025-09-30 | Date of the Prospectus filed by Bolt Projects Holdings, Inc. with the U.S. Securities and Exchange Commission. |
| 2025-10-03 | Date of event which requires the filing of this statement (crossing the 5% beneficial ownership threshold). |
| 2025-10-07 | Date of filing of this Schedule 13G and the Joint Filing Agreement. |
Keywords
Bolt Projects Holdings, Ascent Partners Fund, Dominion Capital, Masada Group Holdings, Mikhail Gurevich, Gennadiy Gurevich, Alon Brenner, SEC Filing, Schedule 13G, Beneficial Ownership, Equity Purchase Agreement, Common Stock, Institutional Investment
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