BAKKT HOLDINGS LLC CL.A Aktie

Bakkt has completed the acquisition of Distributed Technologies Research (DTR), issuing 11,316,775 Class A common shares to the economic owners of DTR; up to 725,592 additional shares may be issued in connection with warrants. The aim is to integrate DTR’s stablecoin and payments infrastructure into Bakkt’s regulated platform to build a digital settlement layer for cross-border payments. The transaction comes as Bakkt’s stock has fallen sharply over the past six months; further details are disclosed in the Form 8-K filed with the SEC today. » Mere på de.investing.com

Bakkt is selling 3,024,799 common shares and pre-funded warrants for up to 2,475,201 shares to an institutional investor, raising gross proceeds of $48.125 million at prices of $8.75 per share and $8.7499 per warrant. The deal is expected to close around March 2, 2026; net proceeds are to be used for working capital, general corporate purposes and strategic initiatives. Bakkt continues to face operational challenges with a market capitalization of $340 million and negative free cash flow of $112 million over the last twelve months, but reports a current ratio of 2.24. » Mere på de.investing.com

Bakkt has announced a partnership with Nexo under which Nexo will use Bakkt’s US trading infrastructure to facilitate its return to the American market. The agreement leverages Bakkt's US money transmitter licenses and the New York BitLicense to provide regulated trading services for digital assets. Bakkt highlights the expansion of Bakkt Markets as a regulated infrastructure platform; Nexo aims to offer compliant services to its US customers through the collaboration. » Mere på de.investing.com

Bakkt Holdings estimates Q4/2025 gross revenues from digital assets of $298–300 million with expected costs for digital assets and execution/clearing/brokerage fees of $297–299 million; cash on hand is estimated at $26–28 million. Operating cash outflow is estimated at $19–21 million and includes one‑time items such as customer payouts (≈$6.3 million) and legal and advisory fees (≈$5.2 million). Investing cash outflow is estimated at $12–14 million (including payments related to the sale of the loyalty business); the company also plans an investment of about $10 million in warrants of Transchem Ltd. and confirms the planned acquisition of Distributed Technologies Research via stock swap. Bakkt has additionally filed a lawsuit against Project Labrador Holdco over an alleged unpaid amount of about $5 million and invites investors to an investor day on March 17, 2026. » Mere på de.investing.com

David Clifton, founding member and former interim CEO, has resigned from Bakkt's supervisory board. Intercontinental Exchange (ICE) remains a significant shareholder and emphasizes its support under CEO Akshay Naheta. Bakkt also sold its loyalty business, sharply reduced planned equity awards for management, appointed Lyn Alden to the supervisory board, and saw Benchmark raise its price target significantly. » Mere på de.investing.com