Bakkt Adjourns Special Shareholder Meeting to April 17 After Failing to Reach Quorum

Reuters
Yesterday
Bakkt Adjourns Special Shareholder Meeting to April 17 After Failing to Reach Quorum

Bakkt Inc. said it convened its special meeting of stockholders on March 24, 2026, but adjourned the meeting without conducting any business because it did not have enough shares represented to constitute a quorum. The meeting will reconvene virtually on April 17, 2026 at 1:00 p.m. Eastern Time to give stockholders additional time to vote. The special meeting is intended, among other things, to seek stockholder approval for the issuance of Bakkt Class A common stock to the beneficial owners of Distributed Technologies Research Global Ltd., including Akshay Naheta, in connection with Bakkt’s acquisition of DTR. As of March 23, 2026, about 48.2% of outstanding shares had submitted proxies, with roughly 99.1% of those votes in favor of the issuance proposal, the company said.

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 Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001628280-26-020821), on March 24, 2026, and is solely responsible for the information contained therein.

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