Welcome to our dedicated page for Katapult Holdings SEC filings (Ticker: KPLT), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
The Katapult Holdings, Inc. (NASDAQ: KPLT) SEC filings page provides access to the company’s official regulatory disclosures, including Forms 10-K, 10-Q, and 8-K. Katapult is an e-commerce-focused financial technology company that operates a lease-to-own platform for non-prime consumers, and its filings offer detailed insight into how this business is structured, financed, and governed.
Investors can review Current Reports on Form 8-K that describe material events such as the November 3, 2025 preferred stock investment by a subsidiary of Hawthorn Horizon Credit Fund, LLC, amendments and waivers to Katapult’s Amended and Restated Loan and Security Agreement, and changes to its board of directors. Other 8-K filings cover quarterly earnings releases, where the company furnishes financial results and key operating metrics.
This page is also the place to track documents related to Katapult’s announced all-stock business combination with The Aaron’s Company, Inc. and CCF Holdings LLC. In connection with that transaction, Katapult has filed an 8-K summarizing the Agreement and Plan of Merger and has indicated that it will file a registration statement on Form S-4 containing a joint proxy statement/prospectus for stockholder approval of the stock issuance and related matters.
Users interested in capital structure and insider-related information can use Katapult’s filings to understand the terms of its Series A and Series B Convertible Preferred Stock, dividend provisions, conversion mechanics subject to Nasdaq rules, and ranking relative to common stock. Filings also discuss lender conversion rights under the company’s loan agreement and the impact of covenant waivers on potential equity issuance.
Stock Titan’s platform surfaces these SEC documents as they are posted to EDGAR and can pair them with AI-generated summaries that explain complex sections in plain language. That includes highlighting key points from annual reports (Form 10-K), quarterly reports (Form 10-Q), and transaction-related filings, helping readers quickly identify items such as risk factor updates, liquidity discussions, and merger conditions without reading each document in full.
Katapult Holdings reported stronger fourth quarter and full-year 2025 results and highlighted its pending merger with Aaron’s and CCF Holdings. Fourth quarter gross originations were $77.9 million, up 3.7%, and revenue was $73.9 million, up 17.3%. Net income for the quarter was $19.8 million, compared with a net loss of $9.6 million a year earlier, helped by gains on derivative liabilities and term loan extinguishment.
For 2025, gross originations reached $278.5 million, up 17.3%, and revenue was $291.8 million, up 18.0%. Net income was $1.4 million versus a $25.9 million loss in 2024, while adjusted EBITDA improved to $12.4 million from $4.8 million. Fixed cash operating expenses fell 11.8%, and cash used in operations improved to $11.9 million from $32.6 million.
The company described macro headwinds for nonprime consumers, including high inflation and a challenging labor market, which tempered holiday growth. It expects its pending all-stock mergers with The Aaron’s Company and CCF Holdings, targeted to close in the second quarter of 2026, to create a scaled omnichannel platform. Katapult stockholders are expected to own 6% of the combined company, which is projected to have more than $4 billion in pro forma revenue and approximately $450 million in pro forma adjusted EBITDA for the last twelve months as of the third quarter of 2025.
Katapult Holdings, Inc. Chief Operating Officer Derek Medlin reported a tax-related share disposition under an equity award program. On February 15, 2026, 1,890 shares of common stock were withheld at a price of $6.51 per share to cover taxes tied to previously granted restricted stock units (RSUs). These RSUs relate to awards granted in 2022, 2023 and 2024, which vest over time so long as Medlin remains employed by the company on each vesting date. After this withholding event, Medlin directly owned 53,921 shares of Katapult common stock.
Katapult Holdings, Inc. Chief Financial Officer Nancy A. Walsh reported a tax-related share disposition. On February 15, 2026, 2,492 shares of common stock were withheld at $6.51 per share to cover tax liabilities, leaving her with 36,528 shares of common stock held directly.
The tax withholding relates to previously granted equity awards. These include RSUs granted on January 31, 2023 (18,367 RSUs after a 1-for-25 reverse stock split), PSUs granted on June 16, 2023 (20,455 PSUs after the split), and 23,000 RSUs granted on May 6, 2024. These awards vest over time based on continued employment and, for PSUs, achievement of performance goals.
Katapult Holdings CEO Orlando Zayas reported a tax-related share disposition. On February 15, he had 3,096 shares of Katapult common stock withheld at $6.51 per share to cover taxes tied to vested restricted stock units from prior equity awards.
These shares were withheld in connection with the 2022, 2023 and 2024 RSU awards rather than sold in the open market. After this withholding, Zayas directly owns 131,552 shares of Katapult common stock.
Katapult Holdings, Inc. entered into an Eighth Limited Waiver to its Amended and Restated Loan and Security Agreement on February 13, 2026. The waiver was negotiated after the company and its related credit parties failed to maintain the required Minimum Trailing Three-Month Net Originations as of January 31, 2026.
The Eighth Limited Waiver permanently waives this existing default under the loan agreement, which is led by Midtown Madison Management LLC and other lenders. The waiver helps keep the credit facility in place despite the covenant breach, but also highlights pressure on Katapult’s recent origination volumes.
Katapult Holdings, Inc. disclosed that it failed to maintain the required Minimum Trailing Three-Month Net Originations as of the last business day of the month ended December 31, 2025 under its Amended and Restated Loan and Security Agreement.
On January 15, 2026, the company and its affiliates entered into a Seventh Limited Waiver with Midtown Madison Management LLC and the other lenders. This agreement, among other things, permanently waives the related “Existing Default” defined in the waiver, preventing that covenant breach from triggering lender remedies under the loan agreement.
Katapult Holdings outlined executive changes and incentives tied to its previously announced all-stock merger with Aaron’s and CCF Holdings. The board approved a $400,000 retention award for President and Chief Growth Officer Derek Medlin, payable in three installments of $80,000 on January 9, 2026, $160,000 at merger closing, and $160,000 six months after closing, conditional on his continued employment and not being terminated for cause or resigning before each payment date.
Chief Accounting Officer Kaitlin Folan will resign effective January 19, 2026, with the company stating her decision did not stem from any disagreement over operations, policies, or practices. Art Goss, currently Vice President, Internal Audit and a prior interim Chief Accounting Officer in 2024, will again serve as interim Chief Accounting Officer from January 19, 2026 and receive a $5,000 monthly stipend for six months. The company also reiterates forward-looking risk factors and that it will file a registration/proxy statement and call a special stockholder meeting to seek approval of the merger.
Katapult Holdings agreed to an all-stock business combination with Aaron’s Intermediate Holdco and CCF Holdings (CCFI). Katapult will issue 943,580 shares of Katapult common stock to Aaron’s MIP holders and 11,011,927 shares to CCFI MIP holders, and Aaron’s equity interests will be converted into an aggregate 11,369,237 Katapult shares. CCFI equity interests will be converted into an aggregate 58,516,558 Katapult shares, with 244,146 Katapult shares underlying CCFI warrants assuming cashless exercise, and certain CCFI options forfeited.
After the mergers, on a fully diluted basis, existing Katapult stockholders are expected to own about 6.0% of the combined company, CCFI unitholders 79.9% and Aaron’s stockholders 14.1%. Closing is subject to regulatory and stockholder approvals, effectiveness of a Form S-4/proxy statement and Nasdaq listing of the new shares, and the deal carries a possible $1,514,174 termination fee in specified cases. Key holders entered lock-up, support, stockholders and registration rights agreements, and Katapult amended its loan agreement, obtaining a permanent waiver of any default from not meeting Minimum Trailing Three-Month Originations as of November 30, 2025.
Katapult Holdings, Inc. agreed to an all‑stock business combination with Aaron’s Intermediate Holdco, Inc. and CCF Holdings LLC that will be effected through multiple mergers and equity exchanges. Aaron’s and CCFI management incentive holders are expected to receive 943,580 and 11,011,927 shares of Katapult common stock, respectively, in exchange for their units.
At the Aaron’s merger effective time, Aaron’s equity interests will be converted into the right to receive an aggregate 11,369,237 shares of Katapult common stock, while CCFI equity interests will be converted into the right to receive an aggregate 58,516,558 shares, with 244,146 shares subject to CCFI warrants. After the mergers, existing Katapult stockholders, CCFI unitholders and Aaron’s stockholders are expected to hold approximately 6.0%, 79.9% and 14.1% of the combined company on a fully diluted basis.
The agreement includes customary conditions, a termination fee of $1,514,174 payable by Katapult in certain cases, lock‑up and support agreements, a revamped nine‑member board, a new 2026 equity plan with at least 9,000,000 authorized shares, registration rights, and a loan amendment that permanently waives a covenant default tied to November 30, 2025 originations.
Katapult Holdings, Inc. reported changes to its Board of Directors. On November 25, 2025, Jeffrey Rubin resigned from the Board, with the company stating his decision was not due to any disagreement regarding its operations, policies, or practices. Rubin had been designated by Hawthorn Horizon Credit Fund affiliate HHCF Series 21 Sub, LLC under a Director Nomination Agreement.
Effective November 26, 2025, the Board appointed Gregory L. Zink as a Class I director to fill the vacancy, with a term running until the 2027 annual meeting of stockholders. Zink was also appointed to the Audit, Compensation, and Nominating and Corporate Governance Committees and is considered independent under Nasdaq rules. Under the non-employee director compensation program, he will receive a $50,000 annual Board retainer, additional retainers of $10,000, $7,500, and $5,000 for service on the three committees, and RSUs with a grant date fair value of $150,000, prorated and vesting at the next annual meeting, subject to continued service.