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Bakkt Completes Capital Structure Simplification and Single-Class Stock Transition
Bakkt Bakkt (US:BKKT) Globenewswire·2025-11-04 21:15

NEW YORK, Nov. 04, 2025 (GLOBE NEWSWIRE) -- Bakkt Holdings, Inc. (“Bakkt” or the “Company”) (NYSE:BKKT) announced today announced that it has completed its previously disclosed reorganization, eliminating its umbrella partnership-C corporation (“Up-C”) structure and transitioning to a single class of common stock. The completion of this restructuring considerably simplifies Bakkt’s capital structure and saves costs. All shareholders now hold a single class of common stock with aligned economic and governanc ...