Class action lawsuit filed on behalf of Bolt

ATLANTA, July 3, 2024 (GLOBE NEWSWIRE) — A shareholder class action lawsuit has been filed against the directors of Bolt Biotherapeutics, Inc. (“Bolt” or the “Company”) (NASDAQ: BOLT). The lawsuit alleges that Defendants made materially false and misleading statements and/or failed to disclose material adverse information about the Company’s business, operations and prospects, including allegations that: (i) Bolt’s product, BDC-1001, was less effective than the Company presented to investors and, in fact, was unlikely to meet its predefined success criteria; (ii) as a result, Defendants overstated the clinical and/or commercial prospects of Bolt’s product lines, which the Company primarily relies on to sustain its business model; and (iii) all of the foregoing exposed Bolt to an increased risk of disruptive management changes and significant workforce reductions.

If you bought Bolt shares between February 5, 2021 and May 14, 2024and you have suffered a significant loss on this investment, we encourage you to discuss your rights by contacting Corey D. Holzer, Esq. at [email protected], toll-free at (888) 508-6832, or you can visit the firm’s website at www.holzerlaw.com/case/bolt-biotherapeutics/ learn more.

The deadline for filing a motion to appoint the lead plaintiff in the case is September 3, 2024.

Holzer & Holzer, LLC, a securities litigation firm that earned the highest ISS rating in 2021 and 2022, dedicates its practice to vigorously representing shareholders and investors in litigation throughout the country, including shareholder class actions and derivative disputes. Since its founding in 2000, Holzer & Holzer’s attorneys have been instrumental in recovering hundreds of millions of dollars for shareholders who were victims of fraud and other corporate wrongdoing. More information about the firm is available on its website at www.holzerlaw.com and upon request. Holzer & Holzer, LLC has paid for the distribution of this promotional information, and Corey Holzer is the attorney responsible for its content.

CONTACT:
Corey Holzer, Attorney at Law
(888) 508-6832 (toll free)
[email protected]