TRUISM
4 días hace
AMSILK ANNOUNCES SUCCESSFUL PARTNERSHIP NEGOTIATION WITH AJINOMOTO FOR INDUSTRIAL FERMENTATION
OCTOBER 16, 2024
LINK
Neuried, Germany, 16 October 2024: AMSilk GmbH (“AMSilk/the Company”), a frontrunner in advanced biomaterials made from spider silk-based proteins, today announces that the Company and Ajinomoto Foods Europe (AFE), a company with over 50 years of experience in industrial fermentation, and the affiliate of the globally established Ajinomoto group, have expressed mutual interest to step into a long-term partnership to biomanufacture silk proteins at Ajinomoto Foods Europe’s manufacturing facility in Nesle, France.
AMSilk is forming a strategic collaboration with Ajinomoto, leveraging Ajinomoto’s extensive industrial expertise in precision fermentation and its strategically located site in France. The facility, in the vicinity of AMSilk’s key customers in the premium textile and consumer goods industries, is backwardly integrated with local raw materials and renewable energy, aligning perfectly with AMSilk’s commitment to sustainable business practices.
This partnership marks a significant step for AMSilk as it rapidly progresses towards becoming a commercial supplier of spider silk-based proteins. By harnessing Ajinomotos’s global fabrication capabilities and state-of-the-art facilities, AMSilk is well-positioned to achieve its commercial milestones and further its mission of delivering high-performance biotech materials on a large scale.
Hiroshi Kaneko, President Ajinomoto Foods Europe: “We are thrilled to partner with AMSilk and are committed to accelerating the market development of their innovative products by supporting their large-scale biomanufacturing efforts. Together, we aspire to create a substantial economic and social impact while driving global innovation forward.”
Ulrich Scherbel, Chief Executive Officer at AMSilk comments: “As a global player with longstanding expertise, Ajinomoto is an ideal production partner for us. Their premier fermentation capabilities in France enable us to meet the demands of our European customers by providing nearshored, high-quality materials.”
AMSilk provides disruptive material solutions to enable the world’s leading brands to address their carbon footprint. Its protein formulations do not contain any substances of animal origin or fossil-based raw materials and leave no microplastics behind. At the end of their life, they are verifiably biodegradable or recyclable. Being biofabricated, these materials can be tailored at a molecular level to specific markets or product requirements.
TRUISM
5 días hace
BSLK Stock Touches 52-Week Low At $0.56 Amid Market Challenges
Published 10/08/2024, 02:49 PM
LINK
In a turbulent market environment, BSLK stock has plummeted to a 52-week low, trading at $0.56. This significant downturn reflects a broader trend for the company, with Golden Arrow Merger's 1-year change showing a staggering decline of 94.65%.
Investors are closely monitoring the stock as it navigates through these challenging financial waters, with the hope for a potential rebound or stabilization in the future. The current price level marks a critical juncture for BSLK, as market participants consider the company's prospects and the potential impact of broader economic factors on its performance.
In other recent news, Bolt Projects Holdings, Inc. reported a series of substantial corporate developments. The company disclosed the completion of a notable agreement involving the acquisition of assets and changes in corporate governance. A key development was the business combination with Old Bolt, resulting in a merger that led to the issuance of new shares of Bolt’s common stock.
The company also announced the appointment of new directors and executive officers, including the election of several individuals to its board of directors and the naming of Daniel Widmaier as Chief Executive Officer. Additionally, Bolt Projects Holdings revealed a change in their independent registered public accounting firm following the business combination.
These recent developments are part of a strategic move that is expected to strengthen Bolt Projects Holdings' market position. The company's common stock and warrants have commenced trading on the Nasdaq, marking a significant milestone in the company's trajectory. These facts are based on a press release statement from the SEC filing.
TRUISM
5 días hace
(INITIAL INSIDER HOLDINGS REPORT) OF FILED (08/15/2024)
SEC.GOV
3 (Initial insider holdings report) 2024-08-15 2024-08-13 Nardi Cintia
Bolt Projects Holdings, Inc. (BSLK, BSLKW)
3 (Initial insider holdings report) 2024-08-15 2024-08-13 Naffakh Sami Pascal
Bolt Projects Holdings, Inc. (BSLK, BSLKW)
3 (Initial insider holdings report) 2024-08-15 2024-08-13 FIDDLER JERRY
Bolt Projects Holdings, Inc. (BSLK, BSLKW)
3 (Initial insider holdings report) 2024-08-15 2024-08-13 Finard Jeri B
Bolt Projects Holdings, Inc. (BSLK, BSLKW)
3 (Initial insider holdings report) 2024-08-15 2024-08-13 Carpio Ransley Keoni
Bolt Projects Holdings, Inc. (BSLK, BSLKW)
3 (Initial insider holdings report) 2024-08-15 2024-08-13 Steefel Daniel Patrick
Bolt Projects Holdings, Inc. (BSLK, BSLKW)
4 (Insider trading report) 2024-08-15 2024-08-13 KLOSK STEVEN M
Bolt Projects Holdings, Inc. (BSLK, BSLKW)
4 (Insider trading report) 2024-08-15 2024-08-13 Barth Brett H
Bolt Projects Holdings, Inc. (BSLK, BSLKW)
4 (Insider trading report) 2024-08-15 2024-08-13 Dean Lloyd H
Bolt Projects Holdings, Inc. (BSLK, BSLKW)
4 (Insider trading report) 2024-08-15 2024-08-13 Breslauer David Nate
Bolt Projects Holdings, Inc. (BSLK, BSLKW)
4 (Insider trading report) 2024-08-15 2023-03-16 Doft Jacob
Bolt Projects Holdings, Inc. (BSLK, BSLKW)
4 (Insider trading report) 2024-08-15 2023-03-16 Hirt Lance L.
Bolt Projects Holdings, Inc. (BSLK, BSLKW)
4/A (Insider trading report) 2024-08-21 2023-03-16 Golden Arrow Sponsor, LLC
Bolt Projects Holdings, Inc. (BSLK, BSLKW)
3 (Initial insider holdings report) 2024-08-15 2024-08-13 Befumo Randy
Bolt Projects Holdings, Inc. (BSLK, BSLKW)
3 (Initial insider holdings report) 2024-08-15 2024-08-13 Slattery Paul Joseph
Bolt Projects Holdings, Inc. (BSLK, BSLKW)
3 (Initial insider holdings report) 2024-08-15 2024-08-13 Breslauer David Nate
Bolt Projects Holdings, Inc. (BSLK, BSLKW)
4 (Insider trading report) 2024-08-15 2024-08-13 FIDDLER JERRY
Bolt Projects Holdings, Inc. (BSLK, BSLKW)
4 (Insider trading report) 2024-08-15 2023-03-16 Golden Arrow Sponsor, LLC
Bolt Projects Holdings, Inc. (BSLK, BSLKW)
4 (Insider trading report) 2024-08-15 2023-03-16 Babich Timothy C
Bolt Projects Holdings, Inc. (BSLK, BSLKW)
3 (Initial insider holdings report) 2024-08-15 2024-08-13 van den Boom Esther
Bolt Projects Holdings, Inc. (BSLK, BSLKW)
3 (Initial insider holdings report) 2024-08-15 2024-08-13 Widmaier Daniel Matthew
Bolt Projects Holdings, Inc. (BSLK, BSLKW)
4 (Insider trading report) 2024-08-15 2024-08-13 Widmaier Daniel Matthew
Bolt Projects Holdings, Inc. (BSLK, BSLKW)
8-K (Current report) 2024-08-19 2024-08-13 Bolt Projects Holdings, Inc. (BSLK, BSLKW)
4 (Insider trading report) 2024-08-15 2024-08-13 Nardi Cintia
Bolt Projects Holdings, Inc. (BSLK, BSLKW)
4 (Insider trading report) 2024-08-15 2024-08-13 HIDARY JACK
Bolt Projects Holdings, Inc. (BSLK, BSLKW)
4 (Insider trading report) 2024-08-15 2024-08-13 Befumo Randy
Bolt Projects Holdings, Inc. (BSLK, BSLKW)
4 (Insider trading report) 2024-08-15 2023-03-16 RECHTSCHAFFEN ANDREW
Bolt Projects Holdings, Inc. (BSLK, BSLKW)