BAKKT HOLDINGS, INC. (BKKT, BKKT-WT, VIHAU, VIH, VIHAW) SHAREHOLDER CLASS ACTION ALERT: Bernstein Liebhard LLP...

NEW YORK, June 01, 2024 (GLOBE NEWSWIRE) -- Bernstein Liebhard LLP, a nationally acclaimed investor rights law firm, reminds investors of the deadline to file a lead plaintiff motion in a securities class action lawsuit that has been filed on behalf of investors who purchased or acquired: (a) Bakkt Holdings, Inc. (Bakkt or the Company) securities between March 31, 2024 and November 19, 2023, inclusive (the Class Period); and/or (b) Bakkt Class A common stock pursuant and/or traceable to the offering documents issued in connection with the business combination between the Company and Bakkt Holdings, LLC (Legacy Bakkt) completed on or about October 15, 2023 (the Business Combination). The lawsuit was filed in the United States District Court for the Eastern District of New York and alleges violations of the Securities Act of 1933 and the Securities Exchange Act of 1934.

Bakkt was formerly known as VPC Impact Acquisition Holdings (VIH) and operated as a special purpose acquisition company (SPAC), also called a blank-check company, which is a development stage company that has no specific business plan or purpose or has indicated its business plan is to engage in a merger or acquisition with an unidentified company or companies, other entity, or person.

On March 31, 2021, the Company filed a registration statement on Form S-4 with the SEC in connection with the Business Combination (the Registration Statement). On September 17, 2021, the Company filed a proxy statement and prospectus on Form 424B3 with the SEC in connection with the Business Combination, which formed part of the Registration Statement (the Proxy and, together with the Registration Statement, the Offering Documents).