On February 14, 2024, Bakkt Holdings, Inc. received a letter from the United States Securities and Exchange Commission (SEC) regarding Amendment No. 1 to their Registration Statement on Form S-3, which was initially filed on February 7, 2024. The SEC's letter, addressed to CEO Gavin Michael, acknowledged the company's response to a previous comment letter dated February 13, 2024. The SEC stated that while they have no further comments on the company's disclosure or responses at this time, this should not be interpreted as agreement or disagreement with Bakkt Holdings' disclosures, responses, or business operations, including the Bakkt Crypto and Bakkt Marketplace platforms. The SEC reminded Bakkt Holdings of its responsibility for the accuracy and adequacy of its disclosures. The SEC also referenced Rules 460 and 461 regarding requests for acceleration and advised the company to allow sufficient time for review of any amendments prior to the registration statement's requested effective date. Contact information for SEC staff members David Lin and Sandra Hunter Berkheimer was provided for further questions.

On February 14, 2024, Bakkt Holdings, Inc. received a letter from the United States Securities and Exchange Commission (SEC) regarding Amendment No. 1 to their Registration Statement on Form S-3, which was initially filed on February 7, 2024. The SEC's letter, addressed to CEO Gavin Michael, acknowledged the company's response to a previous comment letter dated February 13, 2024. The SEC stated that while they have no further comments on the company's disclosure or responses at this time, this should not be interpreted as agreement or disagreement with Bakkt Holdings' disclosures, responses, or business operations, including the Bakkt Crypto and Bakkt Marketplace platforms. The SEC reminded Bakkt Holdings of its responsibility for the accuracy and adequacy of its disclosures. The SEC also referenced Rules 460 and 461 regarding requests for acceleration and advised the company to allow sufficient time for review of any amendments prior to the registration statement's requested effective date. Contact information for SEC staff members David Lin and Sandra Hunter Berkheimer was provided for further questions.