VPC Impact Acquisition (VIH) Shareholders Approver Proposed Merger with Bakkt

October 14, 2021 5:01 PM EDT

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VPC Impact Acquisition Holdings (Nasdaq: VIHAU, VIH and VIHAW), a publicly traded special purpose acquisition company, today announced that, at the extraordinary general meeting of its shareholders held on October 14, 2021, the shareholders voted to approve its previously announced business combination (the “Business Combination”) with Bakkt Holdings, LLC (“Bakkt”), the digital asset marketplace founded in 2018.

Approximately 85.1% of the votes cast at the meeting voted to approve the Business Combination.

The Business Combination is expected to close on October 15, 2021, subject to the satisfaction or waiver of customary closing conditions.

Upon closing, the combined company’s Class A common stock and warrants are expected to begin trading on the New York Stock Exchange (“NYSE”) under the ticker symbols “BKKT” and “BKKT WS”, respectively, starting Monday, October 18, 2021.

The formal results of the vote will be included in a Current Report on Form 8-K to be filed by VIH with the Securities and Exchange Commission (the “SEC”).

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