The industry responded with a collective “We’ll see about that.”

Brad Pamnani, an investor who is spearheading the proposed $200 million equity investment deal, told TechCrunch on Thursday that shareholders have until the end of next week to indicate whether or not they plan to write checks into the new funding round.

To backtrack to the beginning: on August 20, the Information reported that one-click checkout startup Bolt was close to raising another $450 million at a potential $14 billion valuation. That would have been shocking if wholly true, but as more info emerged about this proposed deal, the details were not that straightforward.