Apparently when ABG became a Bolt customer in October 2020, reported Insider, Bolt entered a deal to award the group stock warrants, which give the holder the right to buy shares at a specified price before a specified date β under certain conditions.
In early April, Bolt announced plans to acquire crypto startup Wyre for $1.5 billion, a staggering amount for any company, but especially one in a space as mired with controversy as this one. After a week of making headlines, one-click checkout startup Bolt has issued a public response to questions about how it faring in the competitive space.