Robbins LLP Announces Investigation into Allegations of Misrepresentation Against Bakkt Holdings, Inc. (NYSE: BKKT)

Bakkt Holdings, Inc. Stockholder Notice: Shareholder Rights Law Firm Robbins LLP Reminds Investors of Important Deadline for Class Action Lawsuit

Chicago, IL - Robbins LLP reminds investors that the deadline to file a motion to serve as lead plaintiff in the class action lawsuit against Bakkt Holdings, Inc. (NYSE: BKKT) is approaching. The lawsuit was filed on April 15, 2022, and alleges that the company and certain of its officers and directors made false and/or misleading statements and failed to disclose material information, violating federal securities laws.

On December 15, 2021, Bakkt Holdings, Inc. filed a Registration Statement on Form S-1 with the Securities and Exchange Commission (SEC) in connection with its initial public offering (IPO). The lawsuit alleges that the Registration Statement contained false and/or misleading statements and omitted material information, including that the company's financial performance was not as strong as represented, and that the company was facing significant challenges and uncertainties that could impact its future performance.

On April 5, 2022, the SEC issued a Cease and Desist Order to Bakkt Holdings, Inc. and certain of its officers and directors, finding that the company and its officers and directors had violated federal securities laws by making false and/or misleading statements and failing to disclose material information in the Registration Statement.

The lawsuit seeks to recover damages on behalf of all persons who purchased or acquired Bakkt Holdings, Inc. securities between December 15, 2021, and April 5, 2022, and were harmed by the company's alleged violations of federal securities laws.

Investors who purchased or acquired Bakkt Holdings, Inc. securities during the class period and have suffered losses are encouraged to contact Robbins LLP to discuss their legal rights and options. The deadline to file a motion to serve as lead plaintiff is May 17, 2022.

Robbins LLP is a nationally recognized law firm that represents investors in securities fraud cases. For more information, please contact:

Robbins LLP 3033 Kenton Street Chicago, IL 60657 (312) 281-2000 info@robbinsllp.com