Governance structure
other affiliated company; voting rights ownership ratio: 24.09% (direct ownership)). Bakkt, Inc. (other affiliated company; voting rights ownership ratio: 24.09% (on an aggregated basis)). Bakkt, Inc. is the 100% parent company of Bakkt Opco Holdings, LLC and is listed on the New York Stock Exchange.
When one company holds most of the voting rights, its wishes are more likely to prevail in management. How the interests of minority shareholders are protected is a key issue.
| Item | Details |
|---|---|
| Committee | Third-party committee (composed of independent outside directors and external experts; proportion of outside members: Not disclosed) |
| Controlling shareholder | Bakkt Opco Holdings, LLC (other affiliated company; voting rights ownership ratio: 24.09% (direct ownership)). Bakkt, Inc. (other affiliated company; voting rights ownership ratio: 24.09% (on an aggregated basis)). Bakkt, Inc. is the 100% parent company of Bakkt Opco Holdings, LLC and is listed on the New York Stock Exchange. |
Items this document does not state (6)
These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.
The reasons the company gives
The company's own explanation, not something inferred from the numbers.Bakkt, Inc. is the 100% parent company of Bakkt Opco Holdings, LLC and holds the Company's shares through that company. Accordingly, the Company considers Bakkt, Inc. to be the parent company, etc. with the greatest influence over the Company. To ensure independence and protect minority shareholders, the Company states that it will maintain an independent decision-making framework, appoint independent outside directors, and have important transactions deliberated by a third-party committee.