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Bakkt Seeks to Raise $150 Million in Securities Sale

09/02 09:46

According to Foresight News, a spokesperson for digital asset platform Bakkt has stated that the company is looking to sell up to $150 million in securities, which could potentially alleviate its operational funding shortage. In a previous filing submitted to the SEC, Bakkt indicated that its cash flow might not be sufficient to provide funding for its operations within 12 months after the submission date.

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