Katapult Holdings Files 8-K for Material Agreement
Ticker: KPLTW · Form: 8-K · Filed: Oct 14, 2025 · CIK: 1785424
| Field | Detail |
|---|---|
| Company | Katapult Holdings, Inc. (KPLTW) |
| Form Type | 8-K |
| Filed Date | Oct 14, 2025 |
| Risk Level | medium |
| Pages | 3 |
| Reading Time | 3 min |
| Key Dollar Amounts | $0.0001, $16.54 |
| Sentiment | neutral |
Sentiment: neutral
Topics: material-agreement, filing, corporate-action
Related Tickers: KPLT
TL;DR
Katapult Holdings (KPLT) filed an 8-K for a material agreement - check for details.
AI Summary
Katapult Holdings, Inc. filed an 8-K on October 14, 2025, reporting an entry into a material definitive agreement and financial statements. The filing pertains to the company's operations as of October 13, 2025. Katapult Holdings, Inc. is incorporated in Delaware and operates in the services-equipment rental & leasing sector.
Why It Matters
This 8-K filing indicates a significant development or agreement for Katapult Holdings, Inc., which could impact its financial standing and future operations.
Risk Assessment
Risk Level: medium — Material definitive agreements can introduce new risks or opportunities that require careful evaluation.
Key Players & Entities
- Katapult Holdings, Inc. (company) — Registrant
- FinServ Acquisition Corp. (company) — Former company name
- October 13, 2025 (date) — Date of earliest event reported
- October 14, 2025 (date) — Date of report
- 001-39116 (other) — SEC File Number
- 84-2704291 (other) — IRS Employer Identification No.
FAQ
What is the nature of the material definitive agreement entered into by Katapult Holdings, Inc.?
The filing indicates an entry into a material definitive agreement, but the specific details of the agreement are not provided in this excerpt.
When was the earliest event reported in this 8-K filing?
The earliest event reported in this 8-K filing was on October 13, 2025.
What is Katapult Holdings, Inc.'s former company name?
Katapult Holdings, Inc.'s former company name was FinServ Acquisition Corp.
In which state is Katapult Holdings, Inc. incorporated?
Katapult Holdings, Inc. is incorporated in Delaware.
What is the SIC code for Katapult Holdings, Inc.?
The Standard Industrial Classification (SIC) code for Katapult Holdings, Inc. is 7359, which falls under SERVICES-EQUIPMENT RENTAL & LEASING, NEC.
Filing Stats: 844 words · 3 min read · ~3 pages · Grade level 13.2 · Accepted 2025-10-14 06:07:39
Key Financial Figures
- $0.0001 — ch Registered Common Stock, par value $0.0001 per share KPLT The Nasdaq Stock Mar
- $16.54 — ay of October 10, 2025 is approximately $16.54. This description of the Third Limited
Filing Documents
- dp235807_8k.htm (8-K) — 29KB
- dp235807_ex1001.htm (EX-10.1) — 74KB
- 0000950103-25-013098.txt ( ) — 320KB
- kplt-20251013.xsd (EX-101.SCH) — 4KB
- kplt-20251013_def.xml (EX-101.DEF) — 26KB
- kplt-20251013_lab.xml (EX-101.LAB) — 36KB
- kplt-20251013_pre.xml (EX-101.PRE) — 25KB
- dp235807_8k_htm.xml (XML) — 5KB
01 Entry Into a Material Definitive Agreement
Item 1.01 Entry Into a Material Definitive Agreement. On October 13, 2025, Katapult Holdings, Inc. (the "Company") entered into the Limited Waiver (the "Third 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") and that certain Limited Waiver dated September 29, 2025 (the "Second 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 (x) the calendar month ended August 31, 2025 and (y) the calendar month ended September 30, 2025 as required by the Loan Agreement. The Third Limited Waiver, among other things, temporarily waives the Existing Default (as defined in the Third Limited Waiver) until October 20, 2025. Notwithstanding the waiver of the Existing Default pursuant to the Third 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 th
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. (d) Exhibits Exhibit No. Exhibit 10.1 Limited Waiver, dated as of October 13, 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: October 14, 2025 /s/ Orlando Zayas Name: Orlando Zayas Title: Chief Executive Officer