Katapult Holdings, Inc. filings document the disclosure record for an e-commerce-focused lease-to-own fintech company with Nasdaq-listed common stock and redeemable warrants. Its reports cover operating results, capital-structure matters, security terms, and material events tied to the company’s consumer lease-purchase platform and merchant integrations.
Recent 8-K filings include material definitive agreements and limited waivers under the company’s Amended and Restated Loan and Security Agreement, along with shareholder voting results. Proxy materials disclose board and governance matters, executive compensation, equity awards, and annual-meeting proposals, while periodic event reports address financing arrangements, liquidity-related disclosures, and operating performance.
Katapult Holdings, Inc. (KPLT) furnished a press release announcing financial results for the three and nine months ended September 30, 2025. The information, including Exhibit 99.1, is being furnished and is not deemed filed under the Exchange Act.
The company also disclosed that issuance of equity securities upon conversion of preferred stock, referenced in the press release, will be submitted to stockholders for approval. Katapult will file a proxy statement for the proposed transaction and direct stockholders to SEC filings and the company’s investor relations for materials when available.
Katapult Holdings (KPLT): Initial Form 3 filed. Affiliated entities including HHCF Series 21 Sub, LLC and related parties, with Lane Risser as manager, reported beneficial ownership as a Director and 10% Owner. Reported derivative holdings include Series A Convertible Preferred Stock convertible into 2,840,910 shares of common stock (implied initial conversion price $12.32) and Series B Convertible Preferred Stock convertible into 2,633,890 shares (implied initial conversion price $11.39). Warrants cover 486,264 shares at $0.01 expiring 06/12/2032 (exercisable 09/29/2025) and 160,000 shares at $0.25 expiring 03/06/2030 (exercisable 03/06/2023). Conversions of Series A and B are limited to avoid exceeding 19.99% voting power until stockholder approval under Nasdaq rules.
Katapult Holdings (KPLT) filed a Form 4 showing a director equity grant. On 11/03/2025, the reporting person acquired 7,456 shares of common stock via an initial grant of restricted stock units (RSUs) for board service at a stated price of $11.74. Following the transaction, 7,456 shares were beneficially owned, held directly. The RSUs vest on the date of the company’s 2026 Annual Meeting of Stockholders, subject to continued board service through that date.
Katapult Holdings (KPLT) reported an initial Form 3 for director Philip K. Bartow III. The filing states that no securities are beneficially owned by the reporting person as of the event date 11/03/2025. The form was filed by one reporting person, reflecting board service status without current ownership under Section 16 reporting.
Katapult Holdings (KPLT) reported an insider equity award. A company director received an initial grant of 7,456 restricted stock units (RSUs) on 11/03/2025 for service on the board. The RSUs are scheduled to vest on the date of the company’s 2026 Annual Meeting of Stockholders, conditioned on continued board service through that date.
Following the transaction, the filing lists 7,456 shares beneficially owned, held directly. The filing records the transaction under code A, indicating an award or grant. RSUs are stock-based compensation that convert into shares upon vesting.
Katapult Holdings (KPLT) filed an initial statement of beneficial ownership (Form 3) for director Jeffrey Rubin. The filing reports no securities beneficially owned as of the event date 11/03/2025. The form was submitted by attorney-in-fact Ryan Wigdor under a power of attorney (Exhibit 24).
Katapult Holdings (KPLT) completed a private financing, issuing 35,000 shares of Series A Convertible Preferred at $1,000 per share and 30,000 shares of Series B Convertible Preferred at $1,000 per share for aggregate gross proceeds of $65.0 million on November 3, 2025. Under Nasdaq rules, conversion to common stock is limited by a 19.99% Ownership Limitation until the Company obtains the Requisite Stockholder Approval, which it plans to seek no later than February 27, 2026.
The Company intends to use Series A proceeds to repay term loans under its Loan Agreement and Series B proceeds to partially repay the revolving loan and for general corporate purposes. The preferred carries dividends of 18% per annum until the later of stockholder approval or the 2026 annual meeting, then 12% thereafter, with a 1% step-up if approval is not obtained by the specified deadline. Initial conversion terms imply $12.32 per share for Series A (81.16883 shares per preferred) and $11.39 per share for Series B (87.79631 shares per preferred).
Katapult also secured a limited waiver and first amendment to its Loan Agreement, permanently waiving specified originations covenants for Aug–Oct 2025. Registration rights require filing a resale registration within 45 days. Board changes include four appointments tied to the investment and related nomination rights.
Katapult Holdings (KPLT) disclosed a Sixth Limited Waiver to its Amended and Restated Loan and Security Agreement after failing to meet the Minimum Trailing Three-Month Originations as of August 31, 2025 and September 30, 2025. The waiver temporarily addresses the “Existing Default” through October 31, 2025.
Despite the temporary waiver, the default is deemed continuing for Conversion Rights. As a result, Class B Lenders may convert up to 100% of the outstanding Term Loan into Katapult common stock at the Loan Agreement’s Conversion Rate, which is based on the average daily volume-weighted average price over the most recent 20 trading days and, in certain cases, subject to a specified discount. As of October 28, 2025, the 20‑day VWAP referenced was approximately $12.85.
This action preserves lender conversion optionality while the company addresses the covenant breach within the stated waiver window.
Katapult Holdings, Inc. (KPLT) entered into a Fifth Limited Waiver of its loan agreement. The waiver, signed on October 27, 2025, responds to the company’s failure to maintain Minimum Trailing Three-Month Originations as of August 31 and September 30, 2025, and temporarily waives the resulting default until October 29, 2025.
Despite the waiver, the default is deemed continuing for conversion purposes. Class B Lenders may convert up to 100% of the outstanding term loan into Katapult common stock at the agreement’s Conversion Rate, calculated using the 20-day VWAP ending on the conversion date, in certain cases subject to a discount. As referenced, the 20-day VWAP through October 24, 2025 was approximately $13.04. The agreement parties include Midtown Madison Management LLC as agent and lender.
Katapult Holdings (KPLT) entered a Fourth Limited Waiver to its loan agreement after not meeting the Minimum Trailing Three‑Month Originations covenant for the months ended August 31, 2025 and September 30, 2025. The waiver temporarily covers the resulting default until October 27, 2025.
Despite the waiver, the default is deemed to have occurred and continue for purposes of lender Conversion Rights. Class B Lenders and their assignees may convert up to 100% of the amount outstanding under the Term Loan into Katapult common stock at the contractually defined Conversion Rate, calculated off the 20‑day VWAP ending on the conversion date, in some cases at a specified discount. As of the last completed trading day on October 17, 2025, the 20‑day VWAP referenced was approximately $14.49.