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As of September 30, 2026, Blumberg Capital III, L.P., its sole general partner, Blumberg Capital Management III, L.L.C., and David James Blumberg each reported beneficial ownership of 258,632 shares of Katapult Holdings, Inc. (KPLT), or 0.3% of the class. The reported position consists of 224,479 common shares and 34,153 Earnout Shares directly held by Blumberg Capital III. The 0.3% figure is based on 84,849,055 common shares outstanding as of September 3, 2026.
Blumberg Capital III has voting power over all 258,632 shares but shared dispositive power over 224,479 shares. Before vesting, it may vote the Earnout Shares but may not dispose of them; vesting depends on meeting stock-price thresholds before June 9, 2027. Blumberg Capital Management III and Blumberg may be deemed to beneficially own shares held by Blumberg Capital III. The reporting persons expressly disclaim status as a group.
Key Figures
Beneficial ownership:258,632 shares per reporting personCommon shares held:224,479 sharesEarnout Shares:34,153 shares+4 more
7 metrics
Beneficial ownership258,632 shares per reporting personAs of September 30, 2026
Common shares held224,479 sharesDirectly held by Blumberg Capital III, L.P.
Earnout Shares34,153 sharesDirectly held by Blumberg Capital III, L.P.; subject to vesting conditions
Beneficial ownership percentage0.3%Reported by each person; based on 84,849,055 shares outstanding as of September 3, 2026
Shares outstanding84,849,055 sharesAs of September 3, 2026
Shared voting power258,632 sharesReported for each reporting person as of September 30, 2026
Shared dispositive power224,479 sharesReported for each reporting person as of September 30, 2026
"may be deemed to beneficially own the shares held by BC III"
Beneficially own means having the economic rights and risks of a security—such as the right to receive dividends, sell the shares, or profit from price changes—whether or not your name appears on the official share register. Think of it like renting a car: you use it and reap the benefits even if the title lists someone else. Investors care because beneficial ownership determines who truly controls value, must be disclosed under securities rules, and can signal potential influence or trading activity that affects a stock’s price.
Shared Voting Powerregulatory
"Shared Voting Power 258,632.00"
Shared voting power occurs when two or more parties jointly have the right to vote or decide how a block of company shares is cast, like co-owners who must agree before moving a piece of furniture. Investors care because who controls voting rights affects board elections, major corporate decisions and takeover outcomes, and shared control can alter regulatory disclosures and the practical influence any holder has over a company’s direction and value.
Shared Dispositive Powerregulatory
"Shared Dispositive Power 224,479.00"
Earnout Sharesfinancial
"the Earnout Shares are subject to vesting"
Earnout shares are company stock promised to sellers as part of an acquisition that only becomes payable if the acquired business hits agreed future performance targets, like revenue or profit goals. They matter to investors because they can increase the number of shares outstanding (dilution), tie seller incentives to future success, and create uncertainty about the actual cost of the deal and future ownership unless the performance conditions are clearly understood.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
How many KPLT shares did the reporting persons beneficially own?
Each of the three reporting persons reported beneficial ownership of 258,632 shares, or 0.3% of the class, as of September 30, 2026. The position consists of 224,479 common shares and 34,153 Earnout Shares held directly by Blumberg Capital III, L.P.
Who reported beneficial ownership of KPLT shares?
The reporting persons were Blumberg Capital III, L.P., its sole general partner, Blumberg Capital Management III, L.L.C., and David James Blumberg, the managing director of Blumberg Capital Management III. They expressly disclaimed status as a group.
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(Amendment No. 2)
Katapult Holdings, Inc.
(Name of Issuer)
Common Stock, par value $0.0001 per share
(Title of Class of Securities)
485859201
(CUSIP Number)
09/30/2026
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)
schemaVersion:
SCHEDULE 13G
CUSIP Number(s):
485859201
1
Names of Reporting Persons
Blumberg Capital III, L.P.
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
258,632.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
224,479.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
258,632.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
0.3 %
12
Type of Reporting Person (See Instructions)
PN
SCHEDULE 13G
CUSIP Number(s):
485859201
1
Names of Reporting Persons
Blumberg Capital Management III, L.L.C.
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
258,632.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
224,479.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
258,632.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
0.3 %
12
Type of Reporting Person (See Instructions)
OO
SCHEDULE 13G
CUSIP Number(s):
485859201
1
Names of Reporting Persons
David James Blumberg
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
UNITED STATES
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
258,632.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
224,479.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
258,632.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
0.3 %
12
Type of Reporting Person (See Instructions)
IN
SCHEDULE 13G
Item 1.
(a)
Name of issuer:
Katapult Holdings, Inc.
(b)
Address of issuer's principal executive offices:
400 Galleria Parkway SE, Suite 300, Atlanta, GA, 30339.
Item 2.
(a)
Name of person filing:
The names of the persons filing this report (collectively, the "Reporting Persons") are:
Blumberg Capital III, L.P. ("BC III")
Blumberg Capital Management III, L.L.C. ("BCM III")
David J. Blumberg ("Blumberg")
The Reporting Persons expressly disclaim status as a "group" for purposes of this Schedule 13G/A.
(b)
Address or principal business office or, if none, residence:
432 Bryant Street
San Francisco, CA 94107
(c)
Citizenship:
All of the entities were organized in Delaware and Blumberg is a United States citizen.
(d)
Title of class of securities:
Common Stock, par value $0.0001 per share
(e)
CUSIP No.:
485859201
Item 3.
If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)
Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)
Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)
Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)
Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)
An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)
An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)
A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)
A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)
A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)
A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J),
please specify the type of institution:
(k)
Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.
Ownership
(a)
Amount beneficially owned:
Row 9 of each Reporting Person's cover page to this Schedule 13G/A sets forth the aggregate number of shares of common stock of the Issuer beneficially owned by such Reporting Person as of September 30, 2026 and is incorporated by reference.
The Reporting Persons' ownership of the Issuer's securities consists of 224,479 shares of common stock and 34,153 shares (the "Earnout Shares") directly held by BC III. The Earnout Shares are subject to vesting upon the achievement of certain stock price-based thresholds prior to June 9, 2027. Prior to the vesting of these shares, BC III has the power to vote, but not dispose of, the Earnout Shares.
BCM III is the sole general partner of BC III and owns no shares of the Issuer directly. Blumberg is the managing director of BCM III and owns no shares directly. BCM III and Blumberg share voting and dispositive power over the shares held by BC III and may be deemed to beneficially own the shares held by BC III.
(b)
Percent of class:
Row 11 of each Reporting Person's cover page to this Schedule 13G/A sets forth the percentage of the shares of common stock of the Issuer beneficially owned by such Reporting Person as of September 30, 2026 and is incorporated by reference. The percentage set forth in each row 11 is based upon 84,849,055 shares of common stock outstanding as of September 3, 2026, as reported in the amendment to the Issuer's Registration Statement on Form S-3 filed with the Securities and Exchange Commission (the "SEC") on October 2, 2026.
(c)
Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
Row 5 of each Reporting Person's cover page to this Schedule 13G/A sets forth the sole power to vote or to direct the vote of securities of the Issuer beneficially owned by such Reporting Person as of September 30, 2026 and is incorporated by reference.
(ii) Shared power to vote or to direct the vote:
Row 6 of each Reporting Person's cover page to this Schedule 13G/A sets forth the shared power to vote or to direct the vote of securities of the Issuer beneficially owned by such Reporting Person as of September 30, 2026 and is incorporated by reference.
(iii) Sole power to dispose or to direct the disposition of:
Row 7 of each Reporting Person's cover page to this Schedule 13G/A sets forth the sole power to dispose or to direct the disposition of securities of the Issuer beneficially owned by such Reporting Person as of September 30, 2026 and is incorporated by reference.
(iv) Shared power to dispose or to direct the disposition of:
Row 8 of each Reporting Person's cover page to this Schedule 13G/A sets forth the shared power to dispose or to direct the disposition of securities of the Issuer beneficially owned by such Reporting Person as of September 30, 2026 and is incorporated by reference.
Item 5.
Ownership of 5 Percent or Less of a Class.
Ownership of 5 percent or less of a class
Item 6.
Ownership of more than 5 Percent on Behalf of Another Person.
Not Applicable
Item 7.
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
Not Applicable
Item 8.
Identification and Classification of Members of the Group.
Not Applicable
Item 9.
Notice of Dissolution of Group.
Not Applicable
Item 10.
Certifications:
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
Blumberg Capital III, L.P.
Signature:
/s/ David J. Blumberg
Name/Title:
By Blumberg Capital Management III, L.L.C., its General Partner, By David J. Blumberg, Managing Member
Date:
10/29/2026
Blumberg Capital Management III, L.L.C.
Signature:
/s/ David J. Blumberg
Name/Title:
By David J. Blumberg, Managing Member
Date:
10/29/2026
David James Blumberg
Signature:
/s/ David J. Blumberg
Name/Title:
David J. Blumberg
Date:
10/29/2026
Exhibit Information
Exhibit 99.1 Joint Filing Agreement (incorporated by reference to Exhibit 99.1 to the amendment to the 13G filed with the SEC on February 12, 2024).
