05:28 AM EDT, 03/14/2024 (MT Newswires) -- Bakkt Holdings ( BKKT ) said Wednesday that it had been notified a day earlier by the New York Stock Exchange that it was out of compliance with listing rules because it failed to maintain a $1 per share price over a 30-day trading period.

The company said it notified the exchange that it intends to fix the price deficiency and to return to compliance within the six months allowed under its rules.

The cryptocurrency software company said it will consider all available alternatives including a shareholder-approved reverse stock split to regain compliance.