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May 13, 2024

VIA EDGAR

United States Securities and Exchange Commission

Division of Corporation Finance

100 F Street, NE

Washington, D.C. 20549

Attn: Juan Grana and Jane Park

 Re: Golden Arrow Merger Corp.

Amendment No. 1 to Registration Statement on Form S-4

Filed April 23, 2024

File No. 333-276849

Dear Mr. Grana and Ms. Park:

On behalf of Golden Arrow Merger Corp. (the “Company”),
we are hereby responding to the comments of the staff (the “Staff”) of the U.S. Securities and Exchange Commission set forth
in your letter dated May 7, 2024 (the “Comment Letter”) with respect to the above referenced Amendment No. 1 to Registration
Statement on Form S-4, filed by the Company on April 23, 2024.

The Company has filed via EDGAR Amendment No. 2
to the Registration Statement on Form S-4 (the “Amendment No. 2 to the Registration Statement”), which reflects the Company’s
responses to the comments received by the Staff and certain updated information. For ease of reference, the text of each of the Staff’s
comments, as set forth in the Comment Letter, is included in bold-face type below, followed by the Company’s response. All page
references in the responses set forth below refer to page numbers in Amendment No. 2 to the Registration Statement. Capitalized terms
used but not defined herein have the meanings set forth in Amendment No. 2 to the Registration Statement.

Amendment No. 1 to Registration Statement on Form S-4

Questions and Answers about the Business Combination

Q: What interests do GAMC’s current officers
and directors have in the Business Combination?, page 15

 1. We note your response to comment 12 and reissue the comment in part. Please revise to disclose any out-of-pocket expenses incurred
by the GAMC Board.

Response: In response to the Staff’s
comment, the disclosure on pages 16, 73, 93 and 109 of Amendment No. 2 to the Registration Statement has been revised.

May 13, 2024

Page 2

Q. Did the GAMC Board obtain a third-party
valuation or fairness opinion in determining whether to proceed with the Business Combination?, page 16

 2. We note your response to comment 13. Please revise to further discuss how you valuated Bolt Threads. Please also briefly discuss
the “significant due diligence” conducted by GAMC’s management on Bolt Threads.

Response: Response: In response to
the Staff’s comment, the disclosure on pages 17 and 101 of Amendment No. 2 to the Registration Statement has been revised.

Risk Factors, page 37

 3. We note your response to comment 17 and the revised disclosure on page 206. Please revise to add risk factor disclosure discussing
the risk to investors stemming from the broader indemnification provisions in your Proposed Certificate of Incorporation and Amended and
Restated Bylaws.

 Response: Response: In response to the Staff’s
comment, the disclosure on page 60 of Amendment No. 2 to the Registration Statement has been revised.

A limited number of customers, distributors
and collaboration partners account for a material portion of our revenue and they may..., page 43

 4. We note your response to comment 20 but we are not persuaded by your response and reissue the comment in part. Please revise to
disclose the jurisdiction of Vegamour’s operations and expand your disclosure relating to the minimum purchase requirements and notice
requirements in connection with the termination provisions, as applicable. Please also revise to further discuss why you do not believe
that the customer concentration for 2023 will continue going forward. Finally, please also file the agreement as an exhibit to the registration
statement as required by Item 601(b)(10) of Regulation S-K.

 Response: Response: In response to the Staff’s
comment, the disclosure on pages 44 and 45 of Amendment No. 2 to the Registration Statement has been revised. Bolt Threads has additionally
filed the agreement, along with its amendments, as Exhibits 10.26, 10.26(a) and 10.26(b) to the Registration Statement.

May 13, 2024

Page 3

There can be no assurance that the Post-Combination
Company’s common stock will be approved for listing on Nasdaq ..., page 60

 5. Please revise your disclosure of the consequences of the post-business combination company failing
to meet listing standards to also discuss the consequences of GAMC’s securities being suspended and/or delisted from Nasdaq. In particular,
please disclose any impact to closing conditions in connection with the business combination and whether GAMC’s securities would become
subject to blue sky laws.

Response: In response to the Staff’s
comment, the disclosure on page 62 of Amendment No. 2 to the Registration Statement has been revised.

Unaudited Pro Forma Condensed Combined Financial
Information

Basis of Pro Forma Presentation, page 78

 6. We note your response to comment 24, including the change to the disclosures. However, you continue
to include reference to adjustments being required to be factually supportable and that only events that are not expected to have a continuing
impact are reflected in the pro forma condensed combined statement of operations and comprehensive loss, which is inconsistent with the
requirements in Article 11-02 of Regulation S-X. As previously requested, please revise your disclosures in the initial paragraph of this
section to fully comply with the presentation and recognition requirements in Article 11-02 of Regulation S-X. To the extent that you
include adjustments for events that will not have a continuing impact, ensure your note to these adjustments clearly disclose this in
the note to these types of adjustments.

Response: In response to the Staff’s comment,
the disclosure on page 81 of Amendment No. 2 to the Registration Statement has been revised.

 7. We reissue comment 25 in part. As previously requested, please revise your tabular presentation for the post-combination ownership
upon closing to only include those shares that will be outstanding and include all dilutive securities in a separate table or footnote
disclosure by type and by holder. The post-combination outstanding shares should agree to the shares used to calculate pro forma basic
earnings/(loss) per share. Also, it is unclear why you are including the Sponsor Earn-Out Shares, GAMC warrants, Bolt Threads RSUs that
require vesting, Bolt Threads warrants that will not be exercised in connection with the closing, and Bolt Threads options that either
require vesting or will not be exercised with the closing. In this regard, only shares to be issued to settle GAMC or Bolt Threads obligations
in connection with the closing could be considered outstanding and should be reflected as such in the pro forma financial information.
Address this comment for the same presentation presented elsewhere in the Form S-4.

Response: In response to the Staff’s comment,
Amendment No. 2 to the Registration Statement has been revised to move the presentation of the shares issuable to creditors subsequent
to closing the business combination to the post-combination ownership table on page 82, rather than having these shares presented as an
adjustment to shares used for the pro forma EPS purposes. In addition, the Company has expanded disclosures within note (5) on the table
on page 83 of Amendment No. 2 to the Registration Statement relating to why Bolt Threads RSUs subject to vesting conditions are not outstanding
upon the Closing. Further, the Company has added disclosures on page 91 of Amendment No. 2 to the Registration Statement relating to why
the Post-Combination Company has no dilutive securities. Relating to the Sponsor Earnout Shares, these are included in the post-combination
ownership table as they are legally outstanding securities held by the Sponsor (with full voting rights), however they are subject to
forfeiture if certain conditions are not met within a five year period following the Closing, and therefore not included in the share
count used to determine EPS. Regarding GAMC Warrants, these will remain liability classified post-combination, and are therefore not included
in the post-combination company ownership. The Company has included GAMC warrants, along with Bolt Threads warrants and Bolt Threads options
which are unvested or will not be automatically exercised in connection with the Business Combination, within the anti-dilutive securities
table on page 91 of Amendment No. 2 to the Registration Statement.

May 13, 2024

Page 4

 8. We note that you have removed the disclosures regarding the extension payments made by the Sponsor
via debt issuance during fiscal year 2024. While we understand the net impact of reflecting the receipt of cash and then repayment of
the note with the closing of the merger transaction is a net zero impact to the pro forma balance sheet, it would appear disclosure of
this transaction similar to the April 2024 Sponsor Note would be appropriate. Please provide your prior disclosures.

Response: In response to the Staff’s comment,
the disclosure on pages 83 and 84 of Amendment No. 2 to the Registration Statement has been revised.

Transaction Accounting Adjustments to the Unaudited Pro Forma
Condensed Combined Balance Sheet as of December 31, 2023, page 83

 9. With reference to note f, we note that you have estimated an additional $10.4 million of transaction
costs subsequent to December 31, 2023. We further note that you allocated all of these additional costs to Additional paid-in capital,
which suggests all of the transactions costs to be incurred will be Bolt Threads costs. Please confirm that GAMC has not and will not
incur any material transaction costs subsequent to December 31, 2023. Otherwise, please allocation the portion of the $10.4 million of
costs to be incurred by GAMC to accumulated deficit, and as previously requested in comment 28, include an adjustment to the pro forma
statement of operations to reflect the expense.

Response: In response to the Staff’s comment,
the Company has separated out GAMC and Bolt Threads transaction expenses and added a new tickmark q on the pro forma balance sheet on
page 87 of Amendment No. 2 to the Registration Statement, and tickmark gg on the pro forma statement of operations on page 89 of Amendment
No. 2 to the Registration Statement.

 10. With reference to note l, we note that the settlement of $8.75 million of deferred underwriting fees
to BTIG involves the payment of $500,000 and also the issuance of $5 million worth of post-combination company common stock at a maximum
of 650,000 shares. Please expand your disclosures and address the need to present additional adjustments to reflect the $500,000 cash
payment to BTIG. Also, please explain why $10.1 million in deferred underwriting fees was eliminated given the settlement was only for
$8.75 million of the deferred underwriting fees.

 Response: In response to the Staff’s comment,
the disclosure on pages 14, 78, 107 and 194 of Amendment No. 2 to the Registration Statement has been revised to disclose that the deferred
underwriting fee was $10,062,500 and not $8,750,000.

May 13, 2024

Page 5

Transaction Accounting Adjustments to the Unaudited Pro Forma
Condensed Combined

Statement of Operations and Comprehensive Loss for the Year,
page 86

 11. We re-issue comment 29. As previously requested, please provide all of the disclosures required by ASC 260-10-50-1 for the basic
and diluted per share computations for each period presented. Refer to Article 11- 02(a)(9) of Regulation S-X for guidance. In this regard,
it is unclear how you concluded that there are no dilutive securities subsequent to the merger transaction. In this regard, we note the
Sponsor Earn-Out Shares, GAMC warrants, Bolt Thread’s RSUs and options that require additional vesting, and Bolt Threads options
and warrants that will not be exercised with the merger transaction are required to be disclosed as anti-dilutive and not included in
calculating dilutive loss per share.

 Response: In response to the Staff’s comment,
the Company has expanded disclosures on page 91 of Amendment No. 2 to the Registration Statement, and now includes within the table of
anti-dilutive securities the unvested Bolt RSUs, vested and unvested Bolt options, and warrants (Bolt and GAMC) which will not be exercised
in connection with the Business Combination. The Sponsor Earnout Shares are legally outstanding securities which are subject to forfeiture,
and therefore are included in the post-combination ownership presentation but have been removed from the share count for the purposes
of calculating EPS.

The Background of the Business Combination, page 95

 12. We note your response to comment 31 and reissue the comment in part. We note your disclosure on page 98 that “On July 25,
2023, BTIG contacted GAMC management to introduce Bolt Threads, and the team held an introductory call to explore a potential business
combination.” Please revise to provide additional detail regarding how the negotiations with Bolt Threads were initiated, including
the identification of the individuals and/or parties who participated in this introductory call and the terms, if any, discussed on the
call.

Response: In response to the Staff’s
comment, the disclosure on page 101 of Amendment No. 2 to the Registration Statement has been revised.

 13. We note your response to comment 32 and reissue the comment in part. Please revise to further discuss the nature of the draft projected
financial information provided by Bolt Threads to GAMC. We note your disclosure on page 98 that “The GAMC Board did not review any
projected financial information or rely on management’s preliminary review of such information in considering or making its decision
to approve the Business Combination.” Please advise if the draft projected financial information was considered by GAMC as part of
its valuation of Bolt Threads.

Response: In response to the Staff’s
comment, the disclosure on page 102 of Amendment No. 2 to the Registration Statement has been revised.

May 13, 2024

Page 6

 14. We note your response to comment 33 and reissue the comment in part. Please revise to clearly explain how you reached the $250
million valuation for Bolt Threads. For example, we note your disclosure on page 98 that “In arriving at the pre-money enterprise
value of Bolt Threads, GAMC considered and assessed the total addressable market for existing products as well as pipeline products in
development; the depth of products under development and the capital needs to bring Bolt Threads to market; customer and potential customer
engagement and commercial activity; the capital, time, and effort to develop the existing intellectual property; on-site diligence; the
quality of founders and managements; the existing investors and financial strength and needs of the company; and comparable companies.”
Please revise to discuss how each of these factors was weighed as part of Bolt Threads’ valuation. Please also disclose the comparable
companies that were considered, how you calculated the total addressable market, and how you quantitatively evaluated the quality of founders
and management.

Response: In response to the Staff’s
comment, the disclosure on page 102 of Amendment No. 2 to the Registration Statement has been revised.

 15. We note your response to comment 34 and reissue the comment in part. Please revise to disclose the date BTIG was engaged by Bolt
Threads as its financial adviser in connection with the Business Combination, and disclose any consideration or payment received by BTIG
in connection with this role. Please also revise to provide more detail regarding the tax and due diligence findings provided to GAMC
on September 21, 2023 by CohnReznick.

 Response: In response to the Staff’s comment,
the disclosure on page 103 of Amendment No. 2 to the Registration Statement has been revised.

 16. We note your response to comment 35 and reissue the comment in part. Please revise your disclosure to discuss