ALPHARETTA, Ga.–(BUSINESS WIRE)–Bakkt Holdings, Inc. (“Bakkt”) (NYSE: BKKT) announced that its “universal shelf” registration statement on Form S-3 was declared effective by the Securities and Exchange Commission (the „SEC”) on February 14, 2024. This registration statement allows Bakkt, so long as it is effective, to raise up to an aggregate of $150 million of capital in one or more offerings over the subsequent three years. If Bakkt decides to raise capital in a future offering using such registration statement, Bakkt will describe the specific details of that future offering in a prospectus supplement that is filed with the SEC.
Bakkt believes the flexibility of a shelf registration on Form S-3 will provide the Company with significant benefits when raising capital in the future.
This press release shall not constitute an offer to sell nor the solicitation of an offer to buy the securities that are proposed to be registered on such registration statement, nor shall ther
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