Katapult insider reports 11.4M-share ownership stake
Katapult Holdings, Inc. reports initial beneficial ownership for IQV Holdco, LLC and KMJ Group Holdings, LLC as ten percent owners.
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Rhea-AI Filing Summary
Katapult Holdings, Inc. reports initial beneficial ownership for IQV Holdco, LLC and KMJ Group Holdings, LLC as ten percent owners. An entity associated with the reporting persons holds 11,416,415 shares of common stock, received in connection with mergers involving Aaron's Intermediate Holdco, Inc. and CCF Holdings, LLC. The shares were issued in exchange for 25.41 shares of Aaron's Intermediate Holdco, Inc. and 20 Class A Units of Aaron's MIP Holdings, LLC; on the effective date of the mergers, Katapult’s common stock closed at $8.00 per share.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Common Stock F1 | -- | -- | -- |
Footnotes (1)
- F1. Received (1) in exchange for 25.41 shares of Aaron's Intermediate Holdco, Inc. in connection with the mergers of Aaron's Intermediate Holdco, Inc. and CCF Holdings, LLC into the Issuer (the "Mergers") and (2) in exchange for the contribution and assignment of 20 Class A Units of Aaron's MIP Holdings, LLC to the Issuer in exchange for shares the Issuer's common stock in connection with the mergers. On the effective date of the Mergers, the closing price of the Issuer's common stock was $8.00 per share.
Key Figures
Key Terms
beneficial ownership financial
ten percent owner financial
Mergers financial
Class A Units financial
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What insider ownership does the Form 3 for KPLT disclose?
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