[Bakkt Plans to Issue Class A Common Stock and Warrants to Raise $48.125 Million] The cryptocurrency trading platform Bakkt, under the New York Stock Exchange, announced the pricing of a registered direct offering of 3,024,799 shares of Class A common stock and pre-funded warrants. The offering price is $8.75 per share and $8.7499 per pre-funded warrant, which can be used to purchase up to 2,475,201 shares of Class A common stock. The total fundraising amounts to $48.125 million. The transaction is expected to be completed around March 2, 2026, subject to customary closing conditions.