{"schema_version":"secwatch.filing_event.v1","accession":"0001820302-24-000044","form_type":"8-K","ticker":"BKKT","cik":"0001820302","company_name":"Bakkt, Inc.","filed_at":"2024-03-14T23:59:59+00:00","discovered_at":"2026-05-14T18:03:25.694588+00:00","generated_at":"2026-06-04T21:31:09.178227+00:00","sec_items":["3.01","9.01"],"event_type":"regulatory","sentiment":"negative","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Bakkt receives NYSE non-compliance notice for stock price below $1.00","bullets":["NYSE notified Bakkt that average closing price of Class A common stock was below $1.00 over 30 consecutive trading days.","Company has six months from March 13, 2024 to regain compliance under NYSE Section 802.01C.","Bakkt intends to cure the deficiency and is considering a reverse stock split, subject to shareholder approval.","Common stock will continue trading on NYSE during the cure period subject to other listing standards.","Press release issued March 13, 2024 confirms no immediate delisting."],"urls":{"canonical":"https://secwatch.observer/filing/0001820302-24-000044","json":"https://secwatch.observer/filing/0001820302-24-000044.json","markdown":"https://secwatch.observer/filing/0001820302-24-000044.md","text":"https://secwatch.observer/filing/0001820302-24-000044.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1820302/000182030224000044/0001820302-24-000044-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1820302/000182030224000044/bakkt-20240313.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-04T21:31:09.178227+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":[{"claim_id":"1d1536b0ddacca67ec9b2a796ca18ffd33121d80","claim":"Bakkt, Inc. received a nyse deficiency notice notice regarding minimum bid price (rules 802.01C).","evidence_excerpt":"March 13, 2024, Bakkt Holdings, Inc. (“ Bakkt ” or the “ Company ”) was notified by NYSE Regulation Inc. (the “ NYSE ”) that it is not in compliance with Section 802.01C of the NYSE Listed Company Manual (the “ Listing Rule ”) because the average closing stock price of a share of the Company’s Class A common stock was less than $1.00 per share over a consecutive 30 trading-day period. Pursuant to the Listing Rule, the Company has six months following the NYSE notification to regain compliance with the Listing Rule, during which time the Company’s Class A common stock will continue to be listed","evidence_source":"SEC 8-K Item 3.01","evidence_url":"https://www.sec.gov/Archives/edgar/data/1820302/000182030224000044/0001820302-24-000044-index.htm","confidence":0.95,"family_label":"Listing & Compliance Notices","details":[{"label":"Exchange","value":"nyse"},{"label":"Notice","value":"deficiency notice"},{"label":"Deficiency","value":"minimum bid price"},{"label":"Rules","value":"802.01C"}],"fact_type":"exchange_compliance_notice"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}