Manitoba-based venture capital activity in spotlight – Winnipeg Free Press
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The investigation was a challenging period to manage client expectations, and CEO Maju Kuruvilla said he even got on sales calls himself.
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.
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The SEC is reportedly investigating whether federal securities laws were violated in connection with statements made when Bolt was raising money in 2021.