Bakkt plans to raise $48.125 million through the issuance of Class A common stock and pre-paid warrants

2026-02-27 13:27:39

Mars Finance reports that Bakkt, a cryptocurrency trading platform under the New York Stock Exchange, has announced the completion of a direct registration and pricing for 3,024,799 Class A common shares and pre-paid warrants. Each pre-paid warrant can purchase up to 2,475,201 Class A common shares. The offering price is $8.75 per share, and each warrant is priced at $8.7499. The total fundraising amount is approximately $48.125 million. The transaction is expected to be completed around March 2, 2026, pending customary closing conditions.

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