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The Warriors' quest for a second straight Summer League title came to an end Wednesday evening with a 68-65 loss to the Atlanta Hawks.
Justin Holiday led Golden State with 15 points and had a chance to tie the game in the closing seconds but his 3-point attempt did not fall.
Nemanja Nedovic registered 14 points and three rebounds while 2012 second round pick Ognjen Kuzmic chipped in six points and 10 rebounds.
The Hawks' Dennis Schroder led all players with 17 points on the day.
After going 2-1 in their first three games, the Warriors earned the No. 11 seed in the 24-team, single-elimination tournament.
With the loss, they will now play one final game on Friday in the consolation bracket against the Milwaukee Bucks.
Atlanta, the No. 22 seed, moves on to face the sixth-seeded Portland Trail Blazers.