Bakkt Holdings, Inc. (Bakkt), a Delaware-based company, has filed an amendment to its Form S-3 registration statement with the Securities and Exchange Commission (SEC) on February 14, 2024. The amendment pertains to the registration of various securities, including Class A Common Stock, Preferred Stock, Debt Securities, Warrants, and Units, up to an aggregate offering price of $150,000,000. The securities may be sold from time to time after the effective date of the registration statement, directly or through underwriters, dealers, or agents. The registration statement includes a prospectus detailing the terms of the securities and the manner in which they will be offered. The securities may be listed on the New York Stock Exchange under the symbols 'BKKT' and 'BKKT WS'. Bakkt Holdings...Show More

Bakkt Holdings, Inc. (Bakkt), a Delaware-based company, has filed an amendment to its Form S-3 registration statement with the Securities and Exchange Commission (SEC) on February 14, 2024. The amendment pertains to the registration of various securities, including Class A Common Stock, Preferred Stock, Debt Securities, Warrants, and Units, up to an aggregate offering price of $150,000,000. The securities may be sold from time to time after the effective date of the registration statement, directly or through underwriters, dealers, or agents. The registration statement includes a prospectus detailing the terms of the securities and the manner in which they will be offered. The securities may be listed on the New York Stock Exchange under the symbols 'BKKT' and 'BKKT WS'. Bakkt Holdings, Inc. is an emerging growth company that operates a platform for crypto and loyalty point redemption, having recently acquired Apex Crypto LLC, now known as Bakkt Crypto Solutions, LLC, to expand its crypto asset trading services. The company has disclosed that it has incurred net losses and consumed cash flow from operations since inception, raising substantial doubt about its ability to continue as a going concern without additional financing.