SHAREHOLDER ALERT: Pomerantz Law Firm Reminds Shareholders with Losses on their Investment in Bakkt Holdings, Inc. f/k/a VPC Impact Acquisition Holdings of Class Action Lawsuit and Upcoming Deadline – BKKT; BKKT WS; VIHAU; VIH, VIHAW – QNT Press Release


NEW YORK, May 06, 2022 (GLOBE NEWSWIRE) — Pomerantz LLP announces that a class action lawsuit has been filed against Bakkt Holdings, Inc. (“Bakkt” or the “Company”) f/k/a VPC Impact Acquisition Holdings ( “VIH”) (NYSE:BKKTBKKT WS)) (NASDAQ:VIHAUVIH, VIHAW)) and certain of its former officers and directors. The class action, filed in the United States District Court for the Eastern District of New York and docketed under 22-cv-02283, is on behalf of a class consisting of all persons and entities other than Defendants that purchased or otherwise acquired: (a) Bakkt securities between March 31, 2021 and November 19, 2021, both dates 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, 2021 (the “Business Combination”). Plaintiff pursues claims against the Defendants under the Securities Act of 1933 (the “Securities Act”) and the Securities Exchange Act of 1934 (the “Exchange Act”).

If you are a shareholder who purchased or otherwise acquired Bakkt securities during the Class Period, or Bakkt Class A common stock pursuant and/or traceable to the Offering Documents issued in connection with the Business Combination (defined above), you have until June 20, 2022 to ask the Court to appoint you as Lead Plaintiff for the class. A copy of the Complaint can be obtained at www.pomerantzlaw.com. To discuss this action, contact Robert S. Willoughby at [email protected] or 888.476.6529 (or 888.4-POMLAW), toll-free, Ext. 7980. Those who inquire by e-mail are encouraged to include their mailing address, telephone number, and the number of shares purchased.

[Click here for information about joining the class action]

Bakkt was formerly known as “VPC Impact Acquisition Holdings” 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 January 11, 2021, the Company and Legacy Bakkt…

Full story available on Benzinga.com



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