Bolt, ex-CEO Ryan Breslow subject of SEC probe

Ryan Breslow, co-founder of the e-commerce software outfit Bolt, was subpoenaed along with the company last year by the U.S Securities and Exchange Commission. The Information reported the news first on Friday.
A letter authored in April by a lawyer representing Bolt investors said the SEC was investigating whether federal securities laws were violated in connection with statements made when Bolt was raising money in 2021.The letter was sent to Bolt’s general counsel as part of a fact-finding mission.
Per the letter referenced by The Information, two of Bolt’s investors, Brian Reinken of WestC

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