Financial Data and Key Metrics Changes - The meeting discussed the approval of various proposals, including an amendment to the 2021 Omnibus incentive plan to authorize an additional 979,201 shares, increasing the total to 4,014,123 shares [7][15] - The number of authorized shares of Class A common stock will increase from 30,000,000 to 60,000,000 shares, and the total authorized shares of common stock will rise from 40,000,000 to 70,000,000 shares [7][15] Business Line Data and Key Metrics Changes - No specific business line data or key metrics were provided during the meeting [4][9] Market Data and Key Metrics Changes - No specific market data or key metrics were discussed during the meeting [4][9] Company Strategy and Development Direction and Industry Competition - The company is focused on increasing its authorized shares and enhancing its incentive plan, which may indicate a strategy to attract and retain talent while preparing for future growth [7][15] Management's Comments on Operating Environment and Future Outlook - Management did not provide specific comments on the operating environment or future outlook during the meeting [4][9] Other Important Information - The meeting was recorded, and any unauthorized recording was prohibited [4] - The company emphasized that responses to questions may include forward-looking statements, and actual results could differ materially from those contemplated [11] Q&A Session Summary Question: What are the implications of the approved proposals? - The approved proposals, including the increase in authorized shares and the amendment to the incentive plan, are aimed at positioning the company for future growth and enhancing its governance structure [15] Question: Will there be any updates on financial guidance? - The company stated that federal securities laws prohibit providing any material nonpublic information, including updates on financial guidance [10]

Core Viewpoint - Bragar Eagel & Squire, P.C. is investigating potential claims against Bakkt Holdings, Inc. on behalf of long-term stockholders following a class action complaint filed on April 2, 2025, concerning alleged breaches of fiduciary duties by the board of directors [1] Group 1: Class Action Complaint Details - The class action complaint alleges that during the Class Period from March 25, 2024, to March 17, 2025, Bakkt's Defendants made materially false and misleading statements and failed to disclose adverse facts about the company's business and operations [2] - Specific allegations include misrepresentation of the stability and diversity of crypto services revenue, failure to disclose dependence on a single contract with Webull, and misrepresentation of the ability to maintain key client relationships [2] Group 2: Contact Information for Stakeholders - Long-term stockholders of Bakkt are encouraged to contact Bragar Eagel & Squire, P.C. for more information regarding the claims or any questions about their rights [3] - Contact can be made via email or telephone, and there is no cost or obligation for inquiries [3] Group 3: About the Law Firm - Bragar Eagel & Squire, P.C. is a nationally recognized law firm with offices in New York and California, representing individual and institutional investors in various complex litigations [4]

Core Viewpoint - A class action lawsuit has been filed against Bakkt Holdings, Inc. for alleged violations of federal securities laws, specifically regarding misleading statements about the stability of its crypto business and revenue diversity [1] Group 1: Lawsuit Details - The lawsuit pertains to shareholders who purchased Bakkt's securities between March 25, 2024, and March 17, 2025 [1] - The complaint claims that Bakkt misrepresented the stability of its crypto business and the diversity of its revenue streams [1] - It is alleged that Bakkt failed to disclose its significant reliance on a contract with Webull for its crypto revenues [1] Group 2: Investor Impact - Shareholders who suffered losses during the class period are encouraged to contact the DJS Law Group to participate in the lawsuit [2] - The DJS Law Group specializes in securities class actions and aims to enhance investor returns through advocacy [3]

Core Viewpoint - Rosen Law Firm is reminding investors who purchased Bakkt Holdings, Inc. securities during the specified Class Period of the upcoming lead plaintiff deadline on June 2, 2025, and the potential for compensation without out-of-pocket costs [1][2]. Group 1: Class Action Details - The class action lawsuit against Bakkt alleges that the company made false or misleading statements regarding its crypto services revenue stability and diversity, and failed to disclose its dependence on a single contract with Webull [4]. - The lawsuit claims that Bakkt misrepresented its ability to maintain key client relationships, leading to materially misleading statements about its business and operations [4]. Group 2: Legal Representation - Investors are encouraged to select qualified legal counsel with a proven track record in securities class actions, as many firms may not have the necessary experience or resources [3]. - Rosen Law Firm has a history of successful settlements, including the largest securities class action settlement against a Chinese company at the time, and has recovered hundreds of millions for investors [3].

Core Viewpoint - Kuehn Law, PLLC is investigating potential breaches of fiduciary duties by officers and directors of Bakkt Holdings, Inc. related to misrepresentation of the company's financial stability and revenue sources [1][2]. Group 1: Allegations and Misrepresentation - Insiders at Bakkt allegedly caused the company to misrepresent or fail to disclose critical information regarding the stability and diversity of its crypto services revenue [2]. - It was revealed that Bakkt's crypto services revenue was heavily reliant on a single contract with Webull, raising concerns about revenue sustainability [2]. - The company's ability to maintain key client relationships was also questioned, suggesting that previous positive statements about Bakkt's business and prospects were misleading [2]. Group 2: Shareholder Actions - Shareholders who purchased BKKT shares prior to March 25, 2024, are encouraged to contact Kuehn Law to discuss potential legal actions, as there may be limited time to enforce their rights [3]. - Kuehn Law offers to cover all case costs and does not charge its investor clients, emphasizing the importance of shareholder involvement in maintaining market integrity [4].

Core Viewpoint - Rosen Law Firm is reminding investors who purchased Bakkt Holdings, Inc. securities during the specified Class Period of the upcoming lead plaintiff deadline on June 2, 2025, for a class action lawsuit [1]. Group 1: Class Action Details - Investors who bought Bakkt securities between March 25, 2024, and March 17, 2025, may be eligible for compensation without any out-of-pocket fees through a contingency fee arrangement [1]. - A class action lawsuit has already been filed, and interested parties must move the Court to serve as lead plaintiff by June 2, 2025 [2]. - The lawsuit alleges that Bakkt made false or misleading statements regarding its crypto services revenue stability and diversity, and its dependence on a single contract with Webull [4]. Group 2: Rosen Law Firm's Credentials - Rosen Law Firm has a strong track record in securities class actions, having achieved the largest securities class action settlement against a Chinese company at the time [3]. - The firm was ranked No. 1 by ISS Securities Class Action Services for the number of settlements in 2017 and has consistently ranked in the top 4 since 2013, recovering hundreds of millions for investors [3]. - In 2019, the firm secured over $438 million for investors, and its founding partner was recognized as a Titan of Plaintiffs' Bar by Law360 in 2020 [3].

Core Viewpoint - Rosen Law Firm is reminding investors who purchased Bakkt Holdings, Inc. securities during the specified Class Period of the upcoming lead plaintiff deadline for a class action lawsuit [1][2]. Group 1: Class Action Details - The Class Period for the Bakkt securities is from March 25, 2024, to March 17, 2025, inclusive [1]. - Investors may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [1]. - A class action lawsuit has already been filed, and interested parties must move the Court to serve as lead plaintiff by June 2, 2025 [2]. Group 2: Law Firm Credentials - Rosen Law Firm has a strong track record in securities class actions, having achieved the largest securities class action settlement against a Chinese company at the time [3]. - The firm was ranked No. 1 by ISS Securities Class Action Services for the number of securities class action settlements in 2017 and has consistently ranked in the top 4 since 2013 [3]. - In 2019, the firm secured over $438 million for investors [3]. Group 3: Case Allegations - The lawsuit alleges that during the Class Period, Bakkt made false and misleading statements regarding the stability and diversity of its crypto services revenue [4]. - It is claimed that Bakkt's crypto services revenue was heavily reliant on a single contract with Webull, which was not disclosed [4]. - The lawsuit asserts that Bakkt misrepresented its ability to maintain key client relationships, leading to materially misleading statements about its business and operations [4].

Core Viewpoint - Rosen Law Firm is reminding investors who purchased Bakkt Holdings, Inc. securities during the specified Class Period of the upcoming lead plaintiff deadline on June 2, 2025, and the potential for compensation through a contingency fee arrangement [1][2]. Group 1: Class Action Details - The class action lawsuit against Bakkt alleges that during the Class Period, the company made false and misleading statements regarding its crypto services revenue stability and diversity, and failed to disclose its dependency on a single contract with Webull [4]. - The lawsuit claims that Bakkt misrepresented its ability to maintain key client relationships, leading to materially misleading statements about its business and operations [4]. Group 2: Legal Representation - Investors are encouraged to select qualified legal counsel with a proven track record in securities class actions, as many firms may not have the necessary experience or resources [3]. - Rosen Law Firm has a history of successful settlements, including the largest securities class action settlement against a Chinese company at the time, and has recovered hundreds of millions for investors [3].

Core Viewpoint - Rosen Law Firm is reminding investors who purchased Bakkt Holdings, Inc. securities during the specified Class Period of the upcoming lead plaintiff deadline on June 2, 2025, for a class action lawsuit [1]. Group 1: Class Action Details - Investors who bought Bakkt securities between March 25, 2024, and March 17, 2025, may be eligible for compensation without any out-of-pocket fees through a contingency fee arrangement [1]. - A class action lawsuit has already been filed, and those wishing to serve as lead plaintiff must act by June 2, 2025 [2]. - The lawsuit alleges that Bakkt made false or misleading statements regarding its crypto services revenue and its reliance on a single contract with Webull, which misled investors about the company's business stability and prospects [4]. Group 2: Rosen Law Firm's Credentials - Rosen Law Firm emphasizes the importance of selecting qualified legal counsel with a proven track record in securities class actions, highlighting its own success in recovering hundreds of millions for investors [3]. - The firm achieved the largest securities class action settlement against a Chinese company at the time and has been consistently ranked among the top firms for securities class action settlements since 2013 [3]. - In 2019, Rosen Law Firm secured over $438 million for investors, showcasing its capability in handling significant cases [3].

Core Viewpoint - Rosen Law Firm is reminding investors who purchased Bakkt Holdings, Inc. securities during the specified Class Period of the upcoming lead plaintiff deadline on June 2, 2025, and the potential for compensation through a contingency fee arrangement [1][2]. Group 1: Class Action Details - Investors who purchased Bakkt securities between March 25, 2024, and March 17, 2025, may be eligible to join a class action lawsuit [1][2]. - A lead plaintiff must file a motion with the Court by June 2, 2025, to represent other class members in the litigation [2]. Group 2: Law Firm Credentials - Rosen Law Firm has a strong track record in securities class actions, having achieved the largest settlement against a Chinese company at the time and being ranked No. 1 for securities class action settlements in 2017 [3]. - The firm has recovered hundreds of millions of dollars for investors, including over $438 million in 2019 alone [3]. Group 3: Case Allegations - The lawsuit alleges that Bakkt made false and misleading statements regarding the stability and diversity of its crypto services revenue, which was heavily reliant on a single contract with Webull [4]. - It is claimed that these misrepresentations led to materially misleading statements about Bakkt's business operations and prospects, resulting in investor damages when the truth was revealed [4].