Bolt has quietly settled its lawsuit with Fanatics amid ongoing boardroom drama

12 September 2024 at 20:20

Online sports apparel retailer Fanatics has agreed to settle and drop a lawsuit that it filed against troubled one-click payments provider Bolt in March, according to court documents obtained by TechCrunch. The settlement occurred as Bolt was in the thick of a new gambit to raise a large round of financing, including a “cramdown” threat […]