Katapult Holdings (KPLT) shows 11.4M shares held by 10% owners after mergers
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
IQV Holdco, LLC, KMJ Group Holdings, LLC
Role
10% Owner | 10% Owner
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Common Stock F1 | -- | -- | -- |
Holdings After Transaction:
Common Stock — 11,416,415 shares (Direct)
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
Shares beneficially owned: 11,416,415 shares of common stock
Closing price per share: $8.00 per share
Aaron's Intermediate Holdco shares exchanged: 25.41 shares
+1 more
4 metrics
Shares beneficially owned
11,416,415 shares of common stock
Total shares held following the merger-related exchange
Closing price per share
$8.00 per share
Closing price of Katapult common stock on the effective date of the Mergers
Aaron's Intermediate Holdco shares exchanged
25.41 shares
Shares of Aaron's Intermediate Holdco, Inc. exchanged for Katapult common stock
Aaron's MIP Holdings Class A Units exchanged
20 Class A Units
Class A Units contributed and assigned to Katapult in exchange for common stock
Key Terms
beneficial ownership, ten percent owner, Mergers, Class A Units
4 terms
beneficial ownership financial
"reports initial beneficial ownership for IQV Holdco, LLC and KMJ Group Holdings, LLC"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
ten percent owner financial
"IQV Holdco, LLC and KMJ Group Holdings, LLC are identified as ten percent owners"
Mergers financial
"in connection with the mergers of Aaron's Intermediate Holdco, Inc. and CCF Holdings, LLC"
A merger is when two companies join to form a single business, combining their assets, operations and leadership much like two households moving into one home to share resources and cut duplicate costs. For investors, mergers matter because they can change a company's future profits and risk: successful mergers may boost growth and lower costs, while failed integrations can hurt earnings, alter share counts and shift stock prices.
Class A Units financial
"exchange for the contribution and assignment of 20 Class A Units of Aaron's MIP Holdings, LLC"
Class A units are a specific type of ownership stake in a company, fund, trust, or partnership that carries a defined set of rights—often different voting power, dividend priority, or fee arrangements—distinct from other classes of units. For investors they matter because those differences affect control, income and potential returns; think of two neighbors in the same building where one has a bigger say in decisions or a larger share of rental income.
FAQ
What insider ownership does the Form 3 for KPLT disclose?
The Form 3 discloses that an entity associated with IQV Holdco, LLC and KMJ Group Holdings, LLC holds 11,416,415 shares of Katapult common stock, establishing their status as ten percent owners of Katapult Holdings, Inc.
AI-generated analysis. How Rhea-AI works. Not financial advice.