Summary by Futu AI
Bakkt Holdings, Inc. has formally withdrawn its request to accelerate the effective date of its Registration Statement on Form S-3, initially filed with the U.S. Securities and Exchange Commission (SEC). The company had previously sought to expedite the process for the statement to become effective at 4:30 p.m. on February 9, 2023, as per their correspondence on February 8, 2024. However, Bakkt Holdings has now decided against this acceleration for undisclosed reasons. The SEC's Division of Corporation Finance Office of Crypto Assets, along with staff members Sandra Hunter Berkheimer and David Lin, were notified of this change. Bakkt Holdings has directed any further inquiries to their counsel, Wilson Sonsini Goodrich & Rosati, P.C., specifically to J. Matthew Lyons.