BOLT Global Limited signed a non-legally binding heads of terms to acquire Golden Rock Global Plc (LSE:GCG) in a reverse merger transaction on November 17, 2021. the consideration payable by the Golden Rock Global Plc to the shareholders of BOLT GLOBAL has not yet been determined, it is anticipated that it will be satisfied entirely by the issue of new GRG shares. The Golden Rock Global Plc also announces that it intends to carry out a contemporaneous fundraising to raise further working capital for the enlarged group. Golden Rock Global Plc would apply for the re-admission of its shares to the Official List and the Main Market of the London Stock Exchange.

BOLT Global Limited cancelled the acquisition of Golden Rock Global Plc (LSE:GCG) in a reverse merger transaction on April 5, 2023. The Board has reluctantly concluded that it would not be possible, for reasons unrelated to the Company, to conclude the Proposed Transaction in the near future and therefore it was in the best interests of shareholders to terminate discussions.