Summary by Futu AI
Bakkt Holdings, Inc. received a letter from the United States Securities and Exchange Commission (SEC) on February 14, 2024, regarding its Post-Effective Amendment No. 3 to Form S-1 on Form S-3 filed on February 7, 2024. The SEC reviewed the company's response dated February 13, 2024, to their comment letter and did not have further comments at the time. However, the SEC emphasized that the absence of additional comments should not be construed as agreement or disagreement with Bakkt Holdings' disclosures or responses. The SEC also highlighted that the company and its management are responsible for the accuracy and adequacy of their disclosures, particularly concerning the Bakkt Crypto and Bakkt Marketplace platforms and the crypto assets available for trading. The SEC's letter included a reminder that their decision not to issue further comments does not reflect a stance on the company's business operations or practices. Bakkt Holdings was instructed to contact SEC representatives David Lin or Sandra Hunter Berkheimer for any questions.