BAKKT ALERT: Bragar Eagel & Squire, P.C. Announces that a Class Action Lawsuit Has Been Filed Against Bakkt Holdings, Inc. and Encourages Investors to Contact the Firm

Core Viewpoint - A class action lawsuit has been filed against Bakkt Holdings, Inc. for allegedly making materially false and misleading statements regarding its business operations and financial prospects during the specified Class Period [1][3]. Summary by Relevant Sections Class Action Details - The lawsuit is filed in the United States District Court for the Southern District of New York on behalf of all individuals and entities who purchased Bakkt securities between March 25, 2024, and March 17, 2025 [1]. - Investors have until June 2, 2025, to apply to the Court to be appointed as lead plaintiff in the lawsuit [1]. Allegations Against Bakkt - The complaint alleges that Bakkt misrepresented the stability and diversity of its crypto services revenue [3]. - It is claimed that Bakkt's crypto services revenue was heavily reliant on a single contract with Webull, which was not disclosed [3]. - The company allegedly misrepresented its ability to maintain key client relationships, leading to misleading positive statements about its business and operations [3].