Katapult Holdings Files 8-K for Material Agreement
Ticker: KPLTW · Form: 8-K · Filed: Sep 29, 2025 · CIK: 1785424
| Field | Detail |
|---|---|
| Company | Katapult Holdings, Inc. (KPLTW) |
| Form Type | 8-K |
| Filed Date | Sep 29, 2025 |
| Risk Level | medium |
| Pages | 3 |
| Reading Time | 3 min |
| Key Dollar Amounts | $0.0001, $19.52 |
| Sentiment | neutral |
Sentiment: neutral
Topics: material-agreement, filing, corporate-action
TL;DR
Katapult Holdings signed a big deal, filing an 8-K today.
AI Summary
Katapult Holdings, Inc. filed an 8-K on September 29, 2025, reporting the entry into a material definitive agreement and financial statements. The company, formerly known as FinServ Acquisition Corp., is incorporated in Delaware and headquartered in Plano, Texas.
Why It Matters
This filing indicates a significant new agreement for Katapult Holdings, which could impact its financial performance and strategic direction.
Risk Assessment
Risk Level: medium — The filing of an 8-K for a material definitive agreement suggests significant business developments that could carry inherent risks and opportunities.
Key Numbers
- 001-39116 — SEC File Number (Identifies the company's filing with the SEC)
- 84-2704291 — IRS Employer Identification No. (Tax identification number for the company)
Key Players & Entities
- Katapult Holdings, Inc. (company) — Registrant
- FinServ Acquisition Corp. (company) — Former company name
- September 29, 2025 (date) — Date of earliest event reported
- Delaware (jurisdiction) — State of incorporation
- Plano, TX (location) — Principal executive offices location
FAQ
What is the nature of the material definitive agreement entered into by Katapult Holdings, Inc.?
The filing states the company entered into a material definitive agreement, but the specific details of this agreement are not provided in the summary information.
When was the earliest event reported in this 8-K filing?
The earliest event reported in this 8-K filing was on September 29, 2025.
What was Katapult Holdings, Inc. formerly known as?
Katapult Holdings, Inc. was formerly known as FinServ Acquisition Corp.
Where are Katapult Holdings, Inc.'s principal executive offices located?
Katapult Holdings, Inc.'s principal executive offices are located at 5360 Legacy Drive, Building 2, Plano, TX 75024.
What is the SEC file number for Katapult Holdings, Inc.?
The SEC file number for Katapult Holdings, Inc. is 001-39116.
Filing Stats: 832 words · 3 min read · ~3 pages · Grade level 13.3 · Accepted 2025-09-29 17:11:45
Key Financial Figures
- $0.0001 — ch Registered Common Stock, par value $0.0001 per share KPLT The Nasdaq Stock Mar
- $19.52 — of September 26, 2025 is approximately $19.52. This description of the Second Limite
Filing Documents
- dp235143_8k.htm (8-K) — 28KB
- dp235143_ex1001.htm (EX-10.1) — 66KB
- 0000950103-25-012458.txt ( ) — 310KB
- kplt-20250929.xsd (EX-101.SCH) — 3KB
- kplt-20250929_def.xml (EX-101.DEF) — 26KB
- kplt-20250929_lab.xml (EX-101.LAB) — 36KB
- kplt-20250929_pre.xml (EX-101.PRE) — 25KB
- dp235143_8k_htm.xml (XML) — 5KB
01 Entry Into a Material Definitive Agreement
Item 1.01 Entry Into a Material Definitive Agreement. On September 29, 2025, Katapult Holdings, Inc. (the "Company") entered into the Limited Waiver (the "Second Limited Waiver") to our Amended and Restated Loan and Security Agreement, dated as of June 12, 2025 (as amended, amended and restated, supplemented, revised, or otherwise modified from time to time, including pursuant to that certain Limited Waiver dated September 15, 2025(the "First Limited Waiver"), the "Loan Agreement"), by and among Katapult SPV-1 LLC, Katapult Group, Inc., the Company (each a "Credit Party" and, together, the "Credit Parties"), Midtown Madison Management LLC, as administrative, payment and collateral agent and lender, and the lenders party thereto (the "Lenders") in response to the Credit Parties' failure to maintain Minimum Trailing Three-Month Originations as of the last business day of the calendar month ended August 31, 2025 as required by the Loan Agreement which was originally temporarily waived in the First Limited Waiver. The Second Limited Waiver, among other things, temporarily continues the waiver of the Existing Default (as defined in the Second Limited Waiver) until October 13, 2025. Notwithstanding the waiver of the Existing Default pursuant to the Second Limited Waiver, the Existing Default is deemed to have occurred and be continuing for purposes of the Conversion Rights (as defined in the Loan Agreement) and therefore the Class B Lenders (as defined in the Loan Agreement) shall be entitled, at any time on or after the date hereof, to convert up to one hundred percent (100%) of the amount outstanding under the Term Loan (as defined in the Loan Agreement) into shares of common stock, par value $0.0001 per share of the Company ("Common Stock"), at the Conversion Rate (as defined in the Loan Agreement). The number of shares of Common Stock issuable upon exercise of the Conversion Rights is calculated on the basis of the average of the daily volume weighted average prices
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. (d) Exhibits Exhibit No. Exhibit 10.1 Limited Waiver, dated as of September 29, 2025, by and among Katapult SPV-1 LLC, Katapult Group, Inc, Katapult Holdings, Inc., Midtown Madison Management LLC and the lenders party thereto. 104 Cover Page Interactive Data File (embedded within the inline XBRL document)
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Date: September 29, 2025 /s/ Orlando Zayas Name: Orlando Zayas Title: Chief Executive Officer