SAN FRANCISCO, March, 11 2025 – Bolt, a leading checkout technology company, today confirmed that active legal cases brought by BlackRock, Hedosophia, Untitled, and separately, Activant, have been voluntarily dismissed by the parties and confirmed by the Court. Other than a discrete fee matter remaining in the Activant case, there is currently no active litigation involving the company. Bolt is fully focused on its future and providing maximum value to its stakeholders.
Additionally, the Temporary Restraining Order and Status Quo Order issued to Bolt have been vacated and are no longer in effect.
“I am pleased that the dismissed legal matters are behind us,” said Bolt’s founder and CEO, Ryan Breslow. “I am more confident than ever in Bolt’s momentum and growth trajectory. The team and I are already hard at work, pushing the company to new heights to provide unparalleled services to our merchant partners and their shoppers.”