[SCHEDULE 13G] Katapult Holdings, Inc. Warrant SEC Filing

Rhea-AI Filing Summary

Blue Owl Capital Holdings LP reported beneficial ownership of 667,685 shares of Katapult Holdings, Inc. common stock (ticker KPLTW), representing 12.76% of the class on a partially-diluted basis. The holdings comprise 5,421 shares of common stock and 662,264 shares issuable upon exercise of warrants, calculated using 4,569,546 shares outstanding as of August 8, 2025 per the issuer's 10-Q. The filing states the securities are held in the ordinary course of business and not for the purpose of changing or influencing control of the issuer.

Positive

• Reported substantial economic interest: 667,685 shares disclosed, representing 12.76% of the class on a partially-diluted basis
• Clarity on composition: Holdings explicitly split into 5,421 common shares and 662,264 warrants exercisable into common stock
• Compliance and certification: Filing signed by Chief Compliance Officer certifying ordinary-course holdings and non-control intent

Negative

• None.

Insights

Financial Analyst

TL;DR: A sizable 12.76% economic stake is disclosed, largely warrant-driven, which creates potential dilution and merits investor attention.

The filing shows Blue Owl holds 667,685 shares on a partially diluted basis, of which 662,264 are issuable upon exercise of warrants. That concentration is meaningful relative to the 4.57 million shares reported outstanding and could affect free float and potential future supply if warrants are exercised. The certification that holdings were acquired in the ordinary course and not to influence control is standard; investors should confirm exercise terms in underlying warrant documents if assessing timing or dilution.

Corporate Governance Expert

TL;DR: Disclosure is compliant and routine; the holder disclaims intent to influence control, reducing immediate governance concerns.

Blue Owl's Schedule 13G filing, signed by the Chief Compliance Officer, follows the passive investor disclosure route. The statement explicitly disclaims acquisition for control purposes and identifies no group or nominee arrangements. From a governance perspective, this reduces the likelihood of imminent activist engagement, though the sizeable warrant position means potential future changes if exercised or otherwise transferred.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

Katapult Holdings, Inc.

(Name of Issuer)

Common Stock, par value $0.0001 per share

(Title of Class of Securities)

485859201

(CUSIP Number)

08/31/2025

(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)

SCHEDULE 13G

CUSIP No. 485859201

1

Names of Reporting Persons

Blue Owl Capital Holdings LP

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 667,685.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 667,685.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

667,685.00

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)

12.76 %

12

Type of Reporting Person (See Instructions)

PN

Comment for Type of Reporting Person: The reported securities represent 5,421 shares of common stock ("Common Stock") and 662,264 shares of Common Stock issuable upon exercise of warrants to acquire Common Stock ("Warrants"). The percentage of class is calculated based upon 4,569,546 shares of Common Stock outstanding as of August 8, 2025, as reported on the Issuer's 10-Q filed with the Securities and Exchange Commission on August 13, 2025, as increased by the 662,264 shares of Common Stock issuable upon exercise of the Warrants.

SCHEDULE 13G

Item 1.
(a)	Name of issuer: Katapult Holdings, Inc.
(b)	Address of issuer's principal executive offices: 5360 Legacy Drive, Building 2, Plano, Texas, 75024
Item 2.
(a)	Name of person filing: This statement is filed by the Blue Owl Capital Holdings LP, referred to herein as the "Reporting Person."
(b)	Address or principal business office or, if none, residence: 399 Park Avenue New York, New York 10022
(c)	Citizenship: See response to Item 4 on the cover page.
(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: See response to Item 9 on the cover page. The filing of this statement shall not be deemed an admission by any of the Reporting Persons, of beneficial ownership of the reported securities for purposes of Section 13(d) or Section 13(g) or for any other purpose
(b)	Percent of class: See response to Item 11 on the cover page.
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: See response to Item 5 on the cover page.
	(ii) Shared power to vote or to direct the vote: See response to Item 6 on the cover page.
	(iii) Sole power to dispose or to direct the disposition of: See response to Item 7 on the cover page.
	(iv) Shared power to dispose or to direct the disposition of: See response to Item 8 on the cover page.
Item 5.	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 acquired and are held in the ordinary course of business and 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.

Blue Owl Capital Holdings LP

Signature:	/s/ Karen Hager
Name/Title:	Karen Hager / Chief Compliance Officer
Date:	09/05/2025

FAQ

What stake did Blue Owl Capital Holdings LP report in Katapult (KPLTW)?

Blue Owl reported beneficial ownership of 667,685 shares on a partially-diluted basis, representing 12.76% of the class.

How is the 667,685-share total composed?

The total includes 5,421 shares of common stock and 662,264 shares issuable upon exercise of warrants.

What outstanding share count was used to calculate the percentage?

The percentage was calculated using 4,569,546 shares outstanding as of August 8, 2025, per Katapult's 10-Q, increased by the 662,264 warrant shares.

Does the filing indicate Blue Owl intends to influence control of Katapult?

No; the filing certifies the securities were acquired and are held in the ordinary course of business and not to change or influence control.

Who signed the Schedule 13G for Blue Owl?

The filing was signed by /s/ Karen Hager, identified as Chief Compliance Officer, dated 09/05/2025.