Bakkt Eliminates All Remaining Long-term Debt
Core Viewpoint - Bakkt Holdings, Inc. has redeemed its outstanding 0.00% convertible debenture due June 18, 2026, eliminating all remaining long-term debt, which strengthens the company's financial position [1] Financial Position - The redemption of the debenture, originally issued in June 2024, has satisfied all obligations in full [1] - Bakkt now has no outstanding long-term debt obligations, enhancing its balance sheet flexibility [1]