Summary by Moomoo AI
Bakkt Holdings, Inc. has formally withdrawn its request to accelerate the effective date of its Registration Statement on Form S-3, initially scheduled for 4:30 p.m. on February 9, 2024. The withdrawal of the request was communicated to the U.S. Securities and Exchange Commission (SEC) via a letter dated February 8, 2024. The company had previously sought to expedite the process as per Rule 461 under the Securities Act of 1933, as amended. Bakkt Holdings has not specified a reason for retracting the acceleration request. The SEC's Division of Corporation Finance Office of Crypto Assets, along with staff members Sandra Hunter Berkheimer and David Lin, were addressed in the correspondence. The company's legal counsel, Wilson Sonsini Goodrich & Rosati, P.C., with J. Matthew Lyons as the contact, is available for any further inquiries from the SEC regarding this matter.
