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

ChainCatcher News: Bakkt, a cryptocurrency trading platform under the New York Stock Exchange, announced the completion of a direct offering of 3,024,799 shares of Class A common stock and pre-paid warrants. Each pre-paid warrant can purchase up to 2,475,201 shares of Class A common stock. The offering price is $8.75 per share, and each pre-paid warrant is priced at $8.7499. The total proceeds are approximately $48.125 million. The transaction is expected to be completed around March 2, 2026, subject to customary closing conditions.
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