Bakkt announces 1-for-25 reverse stock split

Bakkt Holdings announced that, following approval by the Company’s stockholders and its Board of Directors, the Company will effect a reverse stock split of Bakkt’s Class A common stock, par value $0.0001 per share and Class V common stock, par value $0.0001 per share at a ratio of 1-for-25, effective as of the close of the trading day on The New York Stock Exchange on April 26, 2024.