Bakkt Advances Indian Investment Following Regulatory Approval
Bakkt Inc., announced that it has received the required Indian regulatory approvals in connection with its previously disclosed strategic investment in Transchem Limited (“Transchem”). Following receipt of such approvals, Transchem has completed the allotment of 47,500,000 warrants to Bakkt, for which Bakkt paid approximately $9.4 million, representing 25% of the......