secwatch.observer — SEC 8-K summary
======================================

Issuer:     Bakkt, Inc. (BKKT)
CIK:        0001820302
Form:       8-K
Filed at:   2025-12-10T23:59:59+00:00
Accession:  0001628280-25-056295
Event type: other_material
Sentiment:  neutral
Materiality: 0.30
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Bakkt recasts 2024 financials to show loyalty business as discontinued operations after Oct 1 sale
--------------------------------------------------------------------------------

- Sale of loyalty business (Bridge2 Solutions, Aspire Loyalty Travel) completed on October 1, 2025.
- Recast FY2024 financial statements remove loyalty business results from continuing operations.
- Recast covers Management's Discussion and Analysis and Financial Statements for year ended Dec 31, 2024.
- No changes to other disclosures in the 2024 Form 10-K; subsequent events note updated.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1820302/000162828025056295/0001628280-25-056295-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1820302/000162828025056295/bakkt-20251210_d2.htm
  HTML page:      https://secwatch.observer/filing/0001628280-25-056295

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