Golden Arrow Merger Corp. Announces Full Exercise and Closing of the Underwriters' Over-Allotment Option in Connection with its Initial Public Offering and Separate Trading of its Class A Common Stock and Warrants Commencing on May 7, 2021

May 07, 2021

NEW YORK, NY, May 06, 2021 (GLOBE NEWSWIRE) -- Golden Arrow Merger Corp. (the “Company”) announced today that the underwriters of its previously announced initial public offering of units have exercised their over-allotment option in full, resulting in the issuance of an additional 3,750,000 units at a public offering price of $10.00 per unit. After giving effect to the exercise and close of the option, an aggregate of 28,750,000 units have been issued in the initial public offering and an aggregate of $287,500,000 has been deposited in the Company’s trust account.

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