---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-21-303985"
form_type: "8-K"
ticker: "BKKT"
cik: "0001820302"
company_name: "Bakkt, Inc."
filed_at: "2021-10-21T23:59:59+00:00"
generated_at: "2026-06-28T19:18:55.459591+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Bakkt Holdings completes de-SPAC merger, starts trading on NYSE as BKKT

## Summary
- Merger closed Oct 15, 2021; company renamed Bakkt Holdings, Inc.
- PIPE investment of $325M from 32.5M shares at $10.00 per share.
- Company holds 19.4% of Opco; pre-merger owners hold the rest.
- Equity holders locked up until April 15, 2022; sponsor lock-up per prior agreement.
- Board of eight directors, including designees from Sponsor and Intercontinental Exchange.

## SEC filing metadata
- accession: 0001193125-21-303985
- form_type: 8-K
- ticker: BKKT
- cik: 0001820302
- company_name: Bakkt, Inc.
- filed_at: 2021-10-21T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 1.01, 1.02, 2.01, 9.01, 3.01, 3.02, 3.03, 4.01, 5.01, 5.02, 5.03, 5.06
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1820302/000119312521303985/0001193125-21-303985-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1820302/000119312521303985/d219325d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-21-303985
- JSON: https://secwatch.observer/filing/0001193125-21-303985.json
- Plain text: https://secwatch.observer/filing/0001193125-21-303985.txt

## Key facts
- Executive change
  Karen Alexander was appointed as Chief Accounting Officer at Bakkt, Inc..
  - Action: appointed
  - Role: Chief Accounting Officer
  source text: Further, in connection with the Closing, Karen Alexander, age 50, was appointed to serve as Chief Accounting Officer of the Company, after serving in the same position with Opco since June 2021.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1820302/000119312521303985/0001193125-21-303985-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.