{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-25-013121","form_type":"8-K","ticker":"BKKT","cik":"0001820302","company_name":"Bakkt, Inc.","filed_at":"2025-03-17T23:59:59+00:00","discovered_at":"2026-05-14T18:03:05.065779+00:00","generated_at":"2026-05-24T16:08:29.940889+00:00","sec_items":["8.01"],"event_type":"other_material","sentiment":"negative","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Bakkt Holdings loses Bank of America (16-17% loyalty rev) and Webull (74% crypto rev) contracts","bullets":["Bank of America not renewing; agreement expires April 22, 2025; BoA represented ~16% (2023) and 17% (9M2024) of loyalty revenue.","Webull not renewing; agreement expires June 14, 2025; Webull represented ~74% of crypto services revenue in both periods.","Bakkt may be required to maintain services for up to 12-month transition period for BoA contract."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-25-013121","json":"https://secwatch.observer/filing/0001628280-25-013121.json","markdown":"https://secwatch.observer/filing/0001628280-25-013121.md","text":"https://secwatch.observer/filing/0001628280-25-013121.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1820302/000162828025013121/0001628280-25-013121-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1820302/000162828025013121/bakkt-20250317.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-24T16:08:29.940889+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"}