Bakkt Inc. filed SEC Form 8-K: Submission of Matters to a Vote of Security Holders
$BKKT
Finance: Consumer Services
Finance
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 OR 15(d)
of The Securities Exchange Act of 1934
Date of Report (Date of earliest event reported)
(Exact name of registrant as specified in its charter)
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Registrant’s telephone number, including area code: (332 ) 203-3017
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Securities registered pursuant to Section 12(b) of the Act: | |||||||||||||||||
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Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☐
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Item 5.07 Submission of Matters to a Vote of Security Holders
On April 17, 2026, Bakkt, Inc. (the “Company”) reconvened its special meeting of the stockholders (the “Special Meeting”), which was originally convened and adjourned on March 24, 2026 in order to allow for additional time for the Company’s stockholders to vote. Of the 25,761,710 shares of the Company’s Class A common stock (“Class A Common Stock”) outstanding and entitled to vote at the Special Meeting as of the close of business on February 10, 2026, the record date for the Special Meeting, 13,266,200 shares of the Company’s Class A Common Stock, representing approximately 51.49% of the voting power of all issued and outstanding shares of the Company’s Class A Common Stock eligible to be voted at the Special Meeting, were present on April 17, 2026 at the reconvened Special Meeting in person, by remote communication or by proxy, which constituted a quorum to conduct business at the reconvened Special Meeting, and voted on the proposals as set forth below, each of which is described in more detail in the Company’s definitive proxy statement for the Special Meeting filed with the U.S. Securities and Exchange Commission (the “SEC”) on February 13, 2026 (as supplemented, the “Special Meeting Proxy Statement”).
1. The Issuance Proposal
To approve the issuance of a number of shares of the Company’s Class A Common Stock equal to 31.5% of the aggregate number of shares of Class A Common Stock that are issued and outstanding immediately prior to the consummation of the Company’s acquisition of Distributed Technologies Research Global Ltd. (“DTR”) (the “Closing”), plus the aggregate number of shares of the Company’s capital stock issuable upon full exercise or conversion of any options, warrants or other convertible derivative securities that are outstanding immediately prior to the Closing, on an as-converted basis, but excluding any warrants to purchase shares of the Class A Common Stock, to the beneficial owners of the shares of DTR, including Akshay Naheta, the Company’s Chief Executive Officer, President and a member of the Board of Directors of the Company (the “Board”), in accordance with Sections 312.03(b), 312.03(c), and 312.03(d) of the New York Stock Exchange Listed Company Manual (such proposal, the “Issuance Proposal”).
The Issuance Proposal was approved by the votes indicated below:
| For | Against | Abstain | ||||||||||||
| 12,999,817 | 229,734 | 36,649 | ||||||||||||
2.The Adjournment Proposal
To approve an adjournment of the Special Meeting, if necessary or appropriate in the view of the Board, including but not limited to solicit additional proxies if there are not sufficient votes at the time of the Special Meeting to approve the Issuance Proposal (such proposal, the “Adjournment Proposal”).
A vote to approve the Adjournment Proposal was deemed not necessary because there was a quorum present and there were sufficient votes at the time of the Special Meeting to approve the Issuance Proposal.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, hereunto duly authorized.
Dated: April 20, 2026
| BAKKT, INC. | ||||||||
| By: | /s/ Marc D'Annunzio | |||||||
| Name: | Marc D’Annunzio | |||||||
| Title: | General Counsel and Secretary | |||||||