Bakkt Holdings Inc (BKKT)

[Cosa]

Here is the problem:

The public stockholders of VPC will own 8% of the post-close Bakkt Holdings Inc.


The OS is 20.7
Warrants is about 6.6 million
So assuming the OS to be 27.3 million with exercised warrants.
$2.1 billion valuation
2,100,000,000 x .08 = 168,000,000
168,000,000 / 27,300,000 = $6.15 a share

Is this right? let me know what you guys think.

I sold my shares just now in after hours. I took a little loss, but I think I might be correct.