Katapult extends credit draw period to Sept 2026

Katapult Holdings, Inc. (KPLT) reported that its wholly owned subsidiary, CCF OpCo LLC, entered into a Sixth Amendment to its Second Amended and Restated Revolving Credit Agreement with The Huntington National Bank and other lenders.

Rhea-AI Filing Summary

Katapult Holdings, Inc. (KPLT) reported that its wholly owned subsidiary, CCF OpCo LLC, entered into a Sixth Amendment to its Second Amended and Restated Revolving Credit Agreement with The Huntington National Bank and other lenders. The amendment extends the scheduled Draw Period Termination Date from August 30, 2026 to September 30, 2026, allowing an additional month to draw on the facility.

After the Draw Period Termination Date, a twelve-month amortization period will begin as described in the credit agreement, and, absent an Event of Default, the maturity date will occur at the end of that period. The extension remains subject to earlier termination upon an unwaived Cease Funding Event and to any further extension requested by the borrower and approved by the lenders.

8-K Event Classification

2 items: 1.01, 9.01

2 items

Item 1.01 Entry into a Material Definitive Agreement Business

The company signed a significant contract such as a merger agreement, credit facility, or major partnership.

Item 9.01 Financial Statements and Exhibits Exhibits

Financial statements, pro forma financial information, or exhibit attachments filed with this report.

Key Figures

Original Draw Period Termination Date: August 30, 2026 New Draw Period Termination Date: September 30, 2026 Amortization period: twelve-month amortization period +1 more

4 metrics

Original Draw Period Termination Date August 30, 2026 Prior scheduled Draw Period Termination Date under the revolving credit agreement

New Draw Period Termination Date September 30, 2026 Extended Draw Period Termination Date under the Sixth Amendment

Amortization period twelve-month amortization period Commences upon the Draw Period Termination Date as described in the credit agreement

Amendment date August 28, 2026 Date of the Sixth Amendment to the revolving credit agreement

Key Terms

Second Amended and Restated Revolving Credit Agreement, Draw Period Termination Date, Cease Funding Event, Event of Default, +1 more

5 terms

Second Amended and Restated Revolving Credit Agreement financial

"entered into a Sixth Amendment to that certain Second Amended and Restated Revolving Credit Agreement"

Draw Period Termination Date financial

"extends the scheduled Draw Period Termination Date from August 30, 2026 to September 30, 2026"

Cease Funding Event financial

"subject to earlier termination upon the occurrence of an unwaived Cease Funding Event"

Event of Default financial

"absent an Event of Default, the maturity date will not occur until the end"

An event of default is a specific breach of a loan or bond agreement—such as missed payments or breaking agreed rules—that gives lenders the legal right to act, for example by demanding immediate repayment, seizing collateral, or accelerating other obligations. For investors, it’s a red flag because it can sharply reduce a company’s ability to operate or raise money, like a car lender repossessing a vehicle after missed payments, and often leads to falling share or bond prices.

amortization period financial

"a twelve-month amortization period will commence as described in the Credit Agreement"

The amortization period is the length of time over which a loan or the cost of an intangible asset is scheduled to be paid down through regular payments. It matters to investors because a longer amortization reduces each payment and eases near-term cash flow but increases total interest or expense over time, while a shorter period raises current payments and can strain cash but cuts long-term cost—think of it like choosing between smaller monthly car payments that last longer or bigger payments that finish sooner.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What credit agreement change did Katapult Holdings, Inc. (KPLT) announce on August 28, 2026?

Katapult disclosed a Sixth Amendment to its Second Amended and Restated Revolving Credit Agreement, extending the Draw Period Termination Date for its subsidiary CCF OpCo LLC from August 30, 2026 to September 30, 2026, subject to specified early termination conditions.

How long is the amortization period under Katapult (KPLT)'s amended revolving credit agreement?

The amendment confirms that upon the Draw Period Termination Date, a twelve-month amortization period will commence as described in the credit agreement, with the maturity date, absent an Event of Default, occurring at the end of this amortization period.

Who is the administrative agent under Katapult (KPLT)'s amended revolving credit facility?

The administrative agent is The Huntington National Bank, which is the successor by merger to Veritex Community Bank, serving in that role under the Second Amended and Restated Revolving Credit Agreement and its Sixth Amendment.

Which Katapult (KPLT) subsidiary is the borrower under the revolving credit agreement?

The borrower under the revolving credit agreement is CCF OpCo LLC, which is described as a wholly owned subsidiary of Katapult Holdings, Inc. This entity is party to the Second Amended and Restated Revolving Credit Agreement and its Sixth Amendment.

What events could cause earlier termination of Katapult (KPLT)'s draw period?

The extension of the draw period to September 30, 2026 is subject to earlier termination upon the occurrence of an unwaived Cease Funding Event under the credit agreement, and any further extension requires a request by the borrower and approval by the lenders.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): August 28, 2026

KATAPULT HOLDINGS, INC.

(Exact name of registrant as specified in its charter)

Delaware		001-39116		84-2704291
(State or other jurisdiction of incorporation)		(Commission File Number)		(IRS Employer Identification No.)

400 Galleria Parkway SE, Suite 300, Atlanta, GA		30339
(Address of principal executive offices)		(Zip Code)

(678) 402-3000

(Registrant’s telephone number, including area code:)

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of Each Class		Trading Symbol(s)		Name of Each Exchange on Which Registered
Common Stock, par value $0.0001 per share		KPLT		The Nasdaq Stock Market LLC

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ¨

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨

Item 1.01 Entry into a Material Definitive Agreement

On August 28, 2026, CCF OpCo LLC (the “Borrower”), a wholly owned subsidiary of Katapult Holdings, Inc. (the “Company”), entered into a Sixth Amendment (the “Sixth Amendment”) to that certain Second Amended and Restated Revolving Credit Agreement, dated as of December 29, 2023, by and among the Borrower, the lenders from time to time party thereto and The Huntington National Bank, successor by merger to Veritex Community Bank, as administrative agent (the “Credit Agreement”).

The Sixth Amendment extends the scheduled Draw Period Termination Date (as defined in the Sixth Amendment) from August 30, 2026 to September 30, 2026, subject to earlier termination upon the occurrence of an unwaived Cease Funding Event (as defined in the Credit Agreement) and any extension requested by the Borrower and approved by the lenders in accordance with the Credit Agreement.

Upon the occurrence of a Draw Period Termination Date, a twelve-month amortization period will commence as described in the Credit Agreement, and, absent an Event of Default (as defined in the Credit Agreement), the maturity date will not occur until the end of such amortization period.

The foregoing description of the Sixth Amendment does not purport to be complete and is qualified in its entirety by reference to the Sixth Amendment, which is attached as Exhibit 10.1 to this Current Report on Form 8-K and incorporated herein by reference.

Item 9.01 Financial Statements and Exhibits

(d) Exhibits

Exhibit No.		Exhibit
10.1		Sixth Amendment to Second Amended and Restated Revolving Credit Agreement, dated as of August 28, 2026, by and among CCF OpCo LLC, as Borrower, the lenders from time to time party thereto and The Huntington National Bank, successor by merger to Veritex Community Bank, as administrative agent.
104		Cover Page Interactive Data File (embedded within the inline XBRL document).

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:	August 28, 2026	/s/ Russell Falkenstein
		Name: Russell Falkenstein
		Title: Executive Vice President, Chief Financial Officer

Filing Exhibits & Attachments

4 documents

Agreements & Contracts

• EX-10.1 EXHIBIT 10.1 36.2 KB

Other Documents

• EX-101 XBRL TAXONOMY EXTENSION SCHEMA 2.9 KB
• EX-101 XBRL TAXONOMY EXTENSION LABEL LINKBASE 33.4 KB
• EX-101 XBRL TAXONOMY EXTENSION PRESENTATION LINKBASE 21.8 KB