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BAKKT ALERT: Bragar Eagel & Squire, P.C. is Investigating Bakkt Holdings, Inc. on Behalf of Bakkt Stockholders and Encourages Investors to Contact the Firm

1. Bakkt is under investigation for potential securities law violations. 2. Bank of America and Webull Pay will not renew contracts with Bakkt. 3. Bakkt postponed its Q4 2024 earnings release and annual financial report. 4. Stock price dropped significantly following the news on heavy trading volume.

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FAQ

Why Very Bearish?

The loss of key commercial partnerships and legal scrutiny usually depresses stock prices, as seen historically in companies undergoing investigations or partnership terminations.

How important is it?

The investigation and contract non-renewals can substantially impact Bakkt's operational credibility and revenue forecast, making it highly relevant for current and future stock performance.

Why Short Term?

Immediate stock price reactions are typically seen within days to weeks due to investor sentiment shifts following significant news like legal investigations.

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BACWEBULL
NEW YORK, March 24, 2025 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, is investigating potential claims against Bakkt Holdings, Inc. (“Bakkt” or the “Company”) (NYSE:BKKT) on behalf of Bakkt stockholders. Our investigation concerns whether Bakkt has violated the federal securities laws and/or engaged in other unlawful business practices. Click here to participate in the action. On March 17, 2025, Bakkt revealed it had received notice that Bank of America, N.A. and Webull Pay LLC will not renew their commercial agreements with the Company. Additionally, Bakkt rescheduled its fourth quarter 2024 earnings release and announced that it would be delaying filing its annual 2024 financial report to "complete the presentation of its consolidated financial statements." Following this news, Bakkt stock dropped on unusually heavy trading volume. If you purchased or otherwise acquired Bakkt shares and suffered a loss, are a long-term stockholder, have information, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Brandon Walker or Marion Passmore by email at investigations@bespc.com, by telephone at (212) 355-4648, or by filling out this contact form.  There is no cost or obligation to you. About Bragar Eagel & Squire, P.C.: Bragar Eagel & Squire, P.C. is a nationally recognized law firm with offices in New York and California. The firm represents individual and institutional investors in commercial, securities, derivative, and other complex litigation in state and federal courts across the country. For more information about the firm, please visit www.bespc.com. Attorney advertising. Prior results do not guarantee similar outcomes. Follow us for updates on LinkedIn, X, and Facebook, and keep up with other news by following Brandon Walker, Esq. on LinkedIn and X. Contact Information: Bragar Eagel & Squire, P.C.Brandon Walker, Esq.Marion Passmore, Esq.(212) 355-4648investigations@bespc.comwww.bespc.com

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