secwatch.observer — SEC 8-K summary
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Issuer:     Bakkt, Inc. (BKKT)
CIK:        0001820302
Form:       8-K
Filed at:   2021-10-21T23:59:59+00:00
Accession:  0001193125-21-303985
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.85
Item codes: 1.01, 1.02, 2.01, 9.01, 3.01, 3.02, 3.03, 4.01, 5.01, 5.02, 5.03, 5.06
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1820302/000119312521303985/0001193125-21-303985-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1820302/000119312521303985/d219325d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-21-303985

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer