Bakkt Holdings Files 8-K on Security Holder Votes

TL;DR

Bakkt Holdings filed an 8-K on May 31st regarding security holder votes. Stay tuned for details.

AI Summary

Bakkt Holdings, Inc. filed an 8-K on May 31, 2024, to report on matters submitted to a vote of its security holders. The filing details the company's corporate structure and its status as a Delaware corporation with its principal executive offices located in Alpharetta, Georgia.

Why It Matters

This filing informs investors about important decisions made by Bakkt's security holders, which could impact the company's future direction and shareholder value.

Risk Assessment

Risk Level: low — This filing is a routine disclosure of corporate actions and does not inherently present new financial risks.

Key Numbers

• 0001820302-24-000099 — Accession Number (Unique identifier for this SEC filing)

Key Players & Entities

• Bakkt Holdings, Inc. (company) — Registrant
• May 31, 2024 (date) — Date of earliest event reported
• Delaware (jurisdiction) — State of incorporation
• Alpharetta, Georgia (location) — Principal executive offices
• 001-39544 (identifier) — Commission File Number

FAQ

Key Financial Figures

• $0.0001 — tered Class A Common Stock, par value $0.0001 per share BKKT The New York Stock Exc

Filing Documents

• bakkt-20240531.htm (8-K) — 45KB
• 0001820302-24-000099.txt ( ) — 212KB
• bakkt-20240531.xsd (EX-101.SCH) — 2KB
• bakkt-20240531_def.xml (EX-101.DEF) — 16KB
• bakkt-20240531_lab.xml (EX-101.LAB) — 28KB
• bakkt-20240531_pre.xml (EX-101.PRE) — 17KB
• bakkt-20240531_htm.xml (XML) — 4KB

07 Submission of Matters to a Vote of Security Holders

Item 5.07 Submission of Matters to a Vote of Security Holders. On May 31, 2024, Bakkt Holdings, Inc. (the "Company") held its 2024 Annual Meeting of Stockholders (the "Annual Meeting"). At the Annual Meeting, 1,289,372 shares of the Company's Class A common stock ("Class A Common Stock") and 7,107,277 shares of the Company's Class V common stock ("Class V Common Stock" and, together with the Class A Common Stock, the "Common Stock"), in each case after giving effect to the Company's previously disclosed 1-for-25 reverse stock split effected on April 29, 2024 (the "Reverse Stock Split"). At the Annual Meeting, shares representing 64.5% of the voting power of all issued and outstanding shares of Common Stock as of April 8, 2024, the record date for the Annual Meeting, and constituting a quorum for the transaction of business, were present in person or by proxy and voted on the following three proposals, each of which is described in more detail in the Company's definitive proxy statement for the Annual Meeting filed with the Securities and Exchange Commission on April 19, 2024. The voting results provided below reflect share amounts after giving effect to the Reverse Stock Split. 1. The stockholders elected the three individuals listed below as directors to serve on the Board of Directors of the Company, each to serve until the 2027 annual meeting of stockholders or until his successor is duly elected and qualified or until his earlier death, resignation or removal. The voting results were as follows: Name Votes For Votes Withheld Broker Non-Votes Sean Collins 7,090,703 1,305,946 — Richard Lumb 7,955,305 441,344 — Andrew Main 8,113,941 282,708 — 2. The second proposal was omitted. 3. The stockholders approved an amendment to the Company's 2021 Omnibus Incentive Plan to authorize 938,625 additional shares of Class A Common Stock (after giving effect to the Reverse Stock Split). The voting results were as follows: Votes For Votes Against Ab

View Full Filing

View this 8-K filing on SEC EDGAR