Golden Arrow Merger Corp entered into subscription agreements with certain Investors have committed to purchase in a private placement up to 2,734,433 shares of Class A common stock at a purchase price of $10.00 per share for gross proceeds of $27,344,330 on October 4, 2023. Pursuant to the PIPE Subscription Agreement executed by the Golden Arrow Sponsor, LLC, the sponsor has agreed to purchase 800,000 shares of Class A common stock at a purchase price of $10.00 per share for an aggregate purchase price of $8,000,000.