Bakkt Holdings Inc. recently announced the successful closing of a $75 million public offering. The company issued 6,753,627 shares of Class A common stock and pre-funded warrants to purchase an additional 746,373 shares, priced at $10.00 per share and $9.9999 per warrant, respectively. The offering was conducted under a shelf registration statement approved by the Securities and Exchange Commission earlier this month. The raised capital will be used to acquire Bitcoin and other digital assets, among other corporate purposes. Clear Street LLC and Cohen & Company Capital Markets acted as joint book-running managers for the offering.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Bakkt Holdings Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20250729125003) on July 30, 2025, and is solely responsible for the information contained therein.