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The digital asset company Bakkt Holdings has completed a merger with a firm called VPC Impact Acquisition Holdings and the combined business will be listed on the New York Stock Exchange (NYSE) on October 18. Bakkt revealed it was aiming to go public last January, and the Bakkt listing on Monday will leverage the ticker “BKKT.”
Bakkt to go public via merger with SPAC VPC Impact .
Digital Asset Firm Bakkt to Go Public After Completing Merger .
There was a surge in enthusiasm for Bakkt shares immediately following the company's highly publicized special purpose acquisition company (SPAC) merger back in October. The stock rocketed as much.
Intercontinental Exchange, Inc. (NYSE: ICE), a leading global provider of data, technology and market infrastructure, today announced that Bakkt Holdings, LLC (“Bakkt”), the transformative digital asset marketplace launched in 2018 by ICE and a marquee group of investors and strategic partners, has completed its merger with VPC Impact Acquisition Holdings (NASDAQ: VIH), and will begin trading as a public company on the New York Stock Exchange on Monday, October 18, under the ticker .
Is VIH Stock Undervalued Before the Bakkt Merger?
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As part of the merger, Bakkt would receive $447 million of gross proceeds. This includes a PIPE investment of $325 million and the remaining is $122 million held in the SPAC trust account. The cash.
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Sep. 8 2021, Published 2:29 p.m. ET Crypto exchange Bakkt Holdings (BKKT) is going public through a SPAC merger with VPC Impact Acquisition (VIH). At the current price of about $11, VIH stock has.
-2.30% Bakkt Holdings Inc., the digital asset marketplace that was launched in 2018 by Intercontinental Exchange, Inc. (ICE), said Monday it is going public via a merger with special purpose.
Bakkt Stock Forecast: How High Can BKKT Stock Go After VIH .
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SPAC Merger VPC Impact Shareholders Approve Bakkt Merger October 15, 2021 1 minute read VPC Impact Acquisition Holdings shareholders voted in favor of the business combination with digital asset marketplace Bakkt Holdings. Approximately 85.1% of the votes cast at the meeting were in suppoort of the deal, the SPAC said in a news release.
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Bakkt was taken public through a SPAC merger with VPC Impact Acquisition Holdings on Oct. 15, and its share price surged out of the gate.
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ICE Announces Completion of Merger Between Bakkt and VPC .
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