Katapult Holdings Reports Director/Officer Changes
Ticker: KPLTW · Form: 8-K · Filed: Nov 26, 2025 · CIK: 1785424
| Field | Detail |
|---|---|
| Company | Katapult Holdings, Inc. (KPLTW) |
| Form Type | 8-K |
| Filed Date | Nov 26, 2025 |
| Risk Level | medium |
| Pages | 4 |
| Reading Time | 4 min |
| Key Dollar Amounts | $0.0001, $50,000, $10,000, $7,500, $5,000 |
| Sentiment | neutral |
Sentiment: neutral
Topics: management-change, officer-appointment, director-election
Related Tickers: KPLT
TL;DR
Katapult Holdings (KPLT) filed an 8-K detailing leadership changes and compensation plans.
AI Summary
Katapult Holdings, Inc. filed an 8-K on November 26, 2025, reporting changes related to director departures, elections, and officer appointments. The filing also covers compensatory arrangements for certain officers. The company, previously known as FinServ Acquisition Corp., incorporated in Delaware and operates in equipment rental and leasing.
Why It Matters
This filing indicates potential shifts in the company's leadership and governance structure, which could impact strategic direction and operational oversight.
Risk Assessment
Risk Level: medium — Changes in directors and officers, along with compensatory arrangements, can signal internal shifts that may affect company strategy and performance.
Key Players & Entities
- Katapult Holdings, Inc. (company) — Registrant
- FinServ Acquisition Corp. (company) — Former Company Name
- November 25, 2025 (date) — Date of earliest event reported
- November 26, 2025 (date) — Filing Date
FAQ
What specific changes were made regarding directors and officers?
The 8-K filing indicates the departure of directors, election of new directors, and appointment of certain officers, along with details on compensatory arrangements for these officers.
When was the earliest event reported in this filing?
The earliest event reported in this filing occurred on November 25, 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: 1,051 words · 4 min read · ~4 pages · Grade level 11.2 · Accepted 2025-11-26 16:55:52
Key Financial Figures
- $0.0001 — ch Registered Common Stock, par value $0.0001 per share KPLT The Nasdaq Stock Mar
- $50,000 — will receive an annual base retainer of $50,000 for his service on the Board, and (2) M
- $10,000 — will receive an annual base retainer of $10,000, $7,500 and $5,000 for his service on t
- $7,500 — ive an annual base retainer of $10,000, $7,500 and $5,000 for his service on the Audit
- $5,000 — al base retainer of $10,000, $7,500 and $5,000 for his service on the Audit Committee,
- $150,000 — Plan having a grant date fair value of $150,000, prorated based on the number of days u
Filing Documents
- dp237997_8k.htm (8-K) — 31KB
- 0000950103-25-015360.txt ( ) — 236KB
- kplt-20251125.xsd (EX-101.SCH) — 4KB
- kplt-20251125_def.xml (EX-101.DEF) — 26KB
- kplt-20251125_lab.xml (EX-101.LAB) — 36KB
- kplt-20251125_pre.xml (EX-101.PRE) — 25KB
- dp237997_8k_htm.xml (XML) — 5KB
02 Departure of Directors or Certain Officers; Election of
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On November 25, 2025, Jeffrey Rubin resigned as a member of the Board of Directors (the "Board") of Katapult Holdings, Inc. (the "Company"), effective November 25, 2025. The decision of Mr. Rubin to resign from the Board was not the result of any disagreement between Mr. Rubin and the Company, its management, the Board or any committee thereof, or with respect to any matter relating to the Company's operations, policies or practices. Mr. Rubin began his service with the Board on November 3, 2025, following his designation to the Board by HHCF Series 21 Sub, LLC ("Hawthorn"), a subsidiary of Hawthorn Horizon Credit Fund, LLC, pursuant to Section 2 of that certain Director Nomination Agreement, dated November 3, 2025, by and between the Company and Hawthorn (the "Director Nomination Agreement"). On November 26, 2025, upon the recommendation of the Nominating and Corporate Governance Committee of the Company, the Board appointed Gregory L. Zink as a Class I director, effective November 26, 2025, to fill the vacancy resulting from Mr. Rubin's resignation from the Board, with an initial term expiring at the Company's 2027 annual meeting of stockholders. Concurrent with his appointment as Class I director, the Board appointed Mr. Zink to its Audit Committee, Compensation Committee and Nominating and Corporate Governance Committee. Mr. Zink, age 69, has been an independent director of Newtek Business Services Corp and its successor entity, NewtekOne since 2017. Mr Zink has also been a director of Newtek Bank NA since 2023. Mr Zink Chairs the Compensation, Nominating and Governance Committee and is a member of the Audit Committee of both organizations. Mr. Zink is a Partner at Newport LLC, a national strategic advisory firm that specializes in helping owners and CEOs of privately held, growth stage companies accele
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: November 26, 2025 /s/ Orlando Zayas Name: Orlando Zayas Title: Chief Executive Officer