Bakkt Holdings, Inc.

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Investigation Details

On March 17, 2025, the company disclosed that Bank of America and Webull will not renew their commercial agreements, which expire in April and June 2025. Additionally, Bakkt Holdings announced it will be delaying the filing of its annual Form 10-K for the fiscal year ending December 31, 2024.

Following this news, shares of Bakkt Holdings, Inc. fell over 31% in after-hours trading.