---
schema_version: "secwatch.filing_event.v1"
accession: "0000950103-25-007155"
form_type: "8-K"
ticker: "KPLT"
cik: "0001785424"
company_name: "Katapult Holdings, Inc."
filed_at: "2025-06-09T23:59:59+00:00"
generated_at: "2026-05-19T17:24:51.297487+00:00"
event_type: "debt"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Katapult enters third limited waiver, extends maturity to June 13 amid existing defaults

## Summary
- Third Limited Waiver extends Maturity Date from June 9 to June 13, 2025; temporary waiver of existing defaults until then.
- Existing defaults include liquidity <$10M, going concern opinion, total advance rate >120%, tangible net worth < -$50M.
- Company is negotiating comprehensive maturity extension but may not complete on favorable terms; failure could materially affect business.
- Lenders may make advances at their sole discretion; no commitment to further waivers or extensions.

## SEC filing metadata
- accession: 0000950103-25-007155
- form_type: 8-K
- ticker: KPLT
- cik: 0001785424
- company_name: Katapult Holdings, Inc.
- filed_at: 2025-06-09T23:59:59+00:00
- event_type: debt
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 1.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1785424/000095010325007155/0000950103-25-007155-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1785424/000095010325007155/dp229959_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950103-25-007155
- JSON: https://secwatch.observer/filing/0000950103-25-007155.json
- Plain text: https://secwatch.observer/filing/0000950103-25-007155.txt

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