Bakkt acquires 47.5M warrants in Transchem Ltd. for $9.4M

Bakkt, Inc.

Transchem's Preferential Issue Committee approved allotment of 47,500,000 warrants to Bakkt Opco Holdings on June 3, 2026.
Bakkt paid $9,409,784 for the warrants, 25% of the total subscription amount.
Warrants allow acquisition of ordinary shares of Transchem, an Indian company listed on BSE Ltd.
The allotment follows prior board and shareholder approvals in November 2025.

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