{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-25-203599","form_type":"8-K","ticker":"BKKT","cik":"0001820302","company_name":"Bakkt, Inc.","filed_at":"2025-09-15T23:59:59+00:00","discovered_at":"2026-05-14T18:02:45.131709+00:00","generated_at":"2026-05-17T06:39:35.227575+00:00","sec_items":["8.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"confidence":"high","headline":"Bakkt redeems remaining $7.5M convertible debenture with 5% premium on Sept 15","bullets":["Redeemed outstanding $7,500,000 principal of 0.00% convertible debenture due June 2026 for $7,875,000 (5% premium).","Original $25M debenture issued June 17, 2025; $17.5M had previously been converted into Class A common stock.","Reduction of debt reduces potential dilution from future conversions but uses cash reserves."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-25-203599","json":"https://secwatch.observer/filing/0001193125-25-203599.json","markdown":"https://secwatch.observer/filing/0001193125-25-203599.md","text":"https://secwatch.observer/filing/0001193125-25-203599.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1820302/000119312525203599/0001193125-25-203599-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1820302/000119312525203599/d100139d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T06:39:35.227575+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}