Hi Everyone
Not certain of the implications to VPC's ultimate financial contribution to PAC, but VPC have used their SPAC's ($USD500M) to acquire a share of Bakkt, see further information:
Investor Presentation - https://www.victoryparkcapital.com/wp-content/uploads/2021/01/Bakkt-Management-Presentation.pdf
Details of transaction - https://www.victoryparkcapital.com/news/2021/01/11/bakkt-the-digital-asset-marketplace-launched-by-intercontinental-exchange-in-2018-to-become-a-publicly-traded-company-via-merger-with-vpc-impact-acquisition-holdings/
I believe VPC get 2% of the $USD2.1B listed entity on the NYSE and its SPAC holders transfer shares into shares for Bakkt - this might be a good arbitrage opportunity to buy into what looks likes a combined competitor to AfterPay, Robinhood and Paypal.
Best of Luck
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Last
$11.17 |
Change
0.000(0.00%) |
Mkt cap ! $336.8M | |||
| Open | High | Low | Value | Volume |
| $11.07 | $11.17 | $10.93 | $55.32K | 4.997K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 237 | $10.82 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $11.17 | 895 | 1 |
View Market Depth
| Last trade - 16.10pm 17/09/2025 (20 minute delay) ? |
| PAC (ASX) Chart |