Bakkt Shares Slip After Pricing of $48.1 Million Registered Direct Offering
Bakkt Holdings priced a registered direct offering that is expected to generate roughly $48.1 million in gross proceeds, prompting a roughly 5.8% drop in the companys stock. The deal includes Class A common shares and pre-funded warrants sold to one institutional investor and is slated to close on or around March 2, 2026, subject to customary condi…