SPAC · Merger completed
VPC Impact Acquisition Holdings
Business combination with Bakkt Holdings, LLC
VPC Impact Acquisition Holdings is a blank-check company (SPAC) that raised $200M in its initial public offering on Sep 24, 2020, listing on Nasdaq. It completed its business combination with Bakkt Holdings, LLC on Oct 15, 2021; the combined company is Bakkt Holdings, Inc. (BKKT). Interagency Fintech Working led the IPO, with Amadeus Capital and Payment Systems Development. White & Case advised the SPAC and Kirkland & Ellis advised the underwriters on the IPO.
Bakkt Holdings provides institutional and retail solutions for digital assets. Its mobile application lets consumers unlock the value of cryptocurrency, loyalty points, in-game assets and gift cards, while giving merchants and loyalty program sponsors deeper customer engagement and cost savings.
- Status
- Merger completed
- IPO date
- Sep 24, 2020
- IPO size
- $200M
- IPO exchange
- Nasdaq
- Target
- Bakkt Holdings, LLC (Opco)
- Announced
- Jan 11, 2021
- Closed
- Oct 15, 2021
- Combined company
- Bakkt Holdings, Inc. (BKKT)
- IPO underwriters
- Interagency Fintech Working, Amadeus Capital and Payment Systems Development
- SPAC counsel (IPO)
- White & Case and Maples and Calder
- Underwriters' counsel (IPO)
- Kirkland & Ellis
More on this SPAC for subscribers
- Trust balance and value per share
- Redemptions at each extension and at the merger vote
- Liquidation deadline and extension history
- PIPE and other committed financing
- Merger proxy, registration statement and investor presentation
- Analyst notes from the filings
Every record in the database also has its full filing timeline, a daily-updated calendar, watchlist alerts and Excel export.
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Filings
- IPO prospectus (424B4) Sep 24, 2020
- Deal announcement (8-K) Jan 11, 2021
- Press release
- All filings on EDGAR CIK 1820302
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