---
schema_version: "secwatch.filing_event.v1"
accession: "0000950103-25-006977"
form_type: "8-K"
ticker: "KPLT"
cik: "0001785424"
company_name: "Katapult Holdings, Inc."
filed_at: "2025-06-04T23:59:59+00:00"
generated_at: "2026-05-20T00:07:16.003290+00:00"
event_type: "debt"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Katapult enters second limited waiver, extends loan maturity to June 9, 2025

## Summary
- Second limited waiver extends maturity and waiver period from June 4 to June 9, 2025.
- Company negotiating comprehensive maturity extension amendment; no assurance of favorable terms.
- Existing defaults include liquidity below $10M, going concern opinion, total advance rate >120%, tangible net worth below -$50M.
- During waiver period, agent and lenders may make advances in their sole discretion.
- No obligation to extend waiver beyond June 9; full rights resume after.

## SEC filing metadata
- accession: 0000950103-25-006977
- form_type: 8-K
- ticker: KPLT
- cik: 0001785424
- company_name: Katapult Holdings, Inc.
- filed_at: 2025-06-04T23:59:59+00:00
- event_type: debt
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 1.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1785424/000095010325006977/0000950103-25-006977-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1785424/000095010325006977/dp229809_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950103-25-006977
- JSON: https://secwatch.observer/filing/0000950103-25-006977.json
- Plain text: https://secwatch.observer/filing/0000950103-25-006977.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.