Fintech Bolt is buying out the investor suing over Ryan Breslow’s $30M loan
Bolt resolves its lawsuit with Activant Capital by purchasing the investor's stake, ending Activant's interest in the company.
MAIN POINTS
- Bolt settles lawsuit with Activant Capital by buying out its stake.
- Activant Capital will no longer hold any interest in Bolt.
- The lawsuit involved accusations against Bolt's founder and former CEO.
TAKEAWAYS
- Bolt aims to resolve disputes by eliminating Activant's involvement.
- Settling the lawsuit may stabilize Bolt's business operations.
- The resolution signifies a significant change in Bolt's ownership structure.