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Payments Unicorn Bolt Will Not Face Enforcement Action, SEC Letter Says
https://www.forbes.com/sites/sarahemerson/2023/09/29/payments-unicorn-bolt-will-not-face-enforcement-action-sec-letter-says/
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The SEC said in a letter to the company that it won't recommend any action against the startup, following an investigation into whether Bolt violated securities laws during fundraising.