Welcome to our dedicated page for Bakkt SEC filings (Ticker: BKKT), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Bakkt, Inc. filings document the regulatory record of a public financial technology company focused on digital asset and programmable finance infrastructure. Its SEC disclosures cover operating and financial results, Regulation FD materials, shareholder letters, material-event reports, and securities registered for trading, including Class A common stock and warrants.
Bakkt’s proxy and 8-K filings also address governance matters, executive compensation, shareholder voting items, share-issuance approvals, material agreements, and capital-structure actions such as an at-the-market equity program. The filing record includes notices related to annual-report timing and formal disclosures tied to special meetings, securities issuance mechanics, and public-company reporting obligations.
Bakkt, Inc. insider ownership has been updated following share dilution. Intercontinental Exchange, Inc. and its subsidiary Intercontinental Exchange Holdings, Inc. report beneficial ownership of 8,380,362 shares of Bakkt Class A common stock, representing 27.0% of the class.
This amount includes 7,919,002 outstanding shares plus 461,360 Replacement Warrant Shares underlying warrants that only gain voting power if exercised. The percentage is calculated against 30,562,092 Bakkt Class A shares outstanding as of March 2, 2026. The filing states the change in percentage is due solely to Bakkt issuing additional shares since the prior amendment, and that the reporting persons have not traded Bakkt stock in the past 60 days. ICE has also agreed, under a voting and support agreement, not to transfer certain ICE subject shares until either 120 days after the related purchase agreement date or the Bakkt stockholder meeting to approve the DTR Acquisition.
Bakkt, Inc. has completed a registered direct offering raising approximately $48.125 million from a single institutional investor. The company sold 3,024,799 shares of Class A common stock and pre-funded warrants to purchase 2,475,201 additional shares at $8.75 per share and $8.7499 per pre-funded warrant.
The deal was conducted under an effective Form S-3 shelf registration and closed on or around March 2, 2026. Bakkt plans to use the net proceeds for working capital, general corporate purposes and strategic initiatives. Pre-funded warrants carry a $0.0001 exercise price and include a 9.90% beneficial ownership cap, adjustable at the holder’s election after 61 days. The company, along with its officers and directors, agreed to 45-day lock-ups restricting additional equity sales. Cohen & Company Capital Markets acted as sole placement agent on a reasonable best efforts basis and will receive a 3% fee on gross proceeds.
Bakkt, Inc. General Counsel and Secretary Marc D'Annunzio reported an open-market sale of 785 shares of Class A common stock on February 24, 2026 at a weighted-average price of $10.0947 per share. After this sale, he directly owned 117,833 shares, including 50,229 shares subject to restricted and performance stock units that still need to vest.
The sale was carried out under a pre-established Rule 10b5-1 trading plan adopted on September 10, 2025. Separately, he held stock options covering 132,551 shares, granted on July 29, 2025, which become exercisable in quarterly tranches over eight quarters with complex exercise and forfeiture conditions.
Bakkt, Inc. is offering 3,024,799 shares of Class A common stock and pre-funded warrants to purchase 2,475,201 shares. The offering price is $8.75 per share and $8.7499 per Pre-Funded Warrant, with an exercise price of $0.0001 per share for the Pre-Funded Warrants.
The Securities are being sold to a single investor under a purchase agreement dated February 27, 2026, with delivery expected on or around March 2, 2026. Net proceeds are estimated at approximately $45.4 million and Bakkt intends to use proceeds for working capital, general corporate purposes and strategic initiatives. Shares outstanding after the offering are based on 27,537,293 shares as of February 26, 2026.
Weiss Asset Management and related parties report a passive ownership stake in Bakkt, Inc. The filing shows beneficial ownership of 812,640 shares of Bakkt Class A common stock, representing 3.4% of the class, as of an event date of December 31, 2025.
The shares are held with shared voting and dispositive power and no sole voting or dispositive power. The ownership percentage is calculated against 24,038,434 Class A shares outstanding as of November 6, 2025, as reported in Bakkt’s Form 10-Q. The reporting persons certify the position is held in the ordinary course and not for the purpose of changing or influencing control.
Bakkt, Inc. is asking stockholders to approve issuing new Class A common shares to acquire Distributed Technologies Research Global Ltd. (DTR) in an all‑stock deal. As of the February 10, 2026 record date, 25,761,710 Class A shares were outstanding.
If the issuance is approved, Bakkt expects to issue approximately 9,214,468 new shares as consideration, so that the DTR holders would own about 26.4% of the company’s outstanding voting Class A shares. Additional consideration of up to 725,592 shares may be issued if certain existing warrants are fully exercised for cash.
A special committee of independent directors reviewed and negotiated the transaction, obtained a fairness opinion from Kroll (Duff & Phelps), and unanimously concluded the deal is fair and in the best interests of stockholders other than Akshay Naheta, who is both Bakkt’s CEO and DTR’s principal owner and recused himself from board deliberations.
Bakkt, Inc. is the subject of an amended Schedule 13G filing in which several affiliated Susquehanna entities report a combined beneficial ownership position in its Class A common stock.
G1 Execution Services, Susquehanna Fundamental Investments, Susquehanna Portfolio Strategies, and Susquehanna Securities together report beneficial ownership of 411,786 Bakkt Class A shares, representing 1.7% of the class. For Susquehanna Securities, this figure includes options to buy 317,988 shares and 2,613 shares issuable upon exercise of warrants.
The filing states that the securities were acquired and are held in the ordinary course of business and not for the purpose or effect of changing or influencing control of Bakkt. The ownership percentage is based on 24,038,434 shares outstanding as of November 6, 2025, as disclosed in Bakkt's Form 10-Q.
Bakkt, Inc. is asking stockholders to approve issuing new Class A common shares equal to 31.5% of its fully diluted equity (excluding certain warrants) to acquire Distributed Technologies Research Global Ltd. (DTR) in an all‑stock deal.
DTR provides digital payments infrastructure across fiat and crypto rails. Its CEO and principal owner, Akshay Naheta, is also Bakkt’s CEO, President and a director, so an independent Special Committee negotiated the transaction and obtained a fairness opinion from Kroll (Duff & Phelps). A virtual special meeting will be held on March 24, 2026, for votes on the Issuance Proposal and a related Adjournment Proposal. Directors, executives and key holders owning about 36.1% of Bakkt’s Class A shares have agreed to support the deal.
Bakkt Holdings, Inc. entered into a Sales Agreement allowing it to sell, from time to time, up to an aggregate sales price of $300,000,000 of its Class A common stock through a group of designated sales agents. These sales may be conducted as an "at the market offering" under Rule 415, including ordinary broker transactions on the New York Stock Exchange, block trades, or other permitted methods at market-related or negotiated prices.
The shares will be offered under Bakkt’s effective Form S-3 shelf registration statement, as supplemented by a prospectus supplement dated January 20, 2026. Bakkt is not obligated to sell any shares under this arrangement, will pay the sales agents a commission on any shares sold plus certain reimbursable expenses, and may terminate the agreement on three business days’ notice.