---
schema_version: "secwatch.filing_event.v1"
accession: "0000950103-25-011678"
form_type: "8-K"
ticker: "KPLT"
cik: "0001785424"
company_name: "Katapult Holdings, Inc."
filed_at: "2025-09-16T23:59:59+00:00"
generated_at: "2026-05-17T06:31:08.725605+00:00"
event_type: "debt"
sentiment: "negative"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Katapult gets limited waiver through Sep 29 after breaching $61M origination covenant

## Summary
- Failed to maintain Minimum Trailing Three-Month Originations of $61M as of Aug 31, 2025, triggering default.
- Lenders (Blue Owl entities) temporarily waive default until 5:00 p.m. ET on September 29, 2025.
- Waiver is limited to this specific default; other defaults not waived and lenders retain remedies.
- During waiver period, the default is deemed continuing for purposes of Sections 2.4(a) and 4.2(c) of the loan agreement.
- Credit parties release lenders from all claims arising on or before September 15, 2025, excluding fraud or willful misconduct.

## SEC filing metadata
- accession: 0000950103-25-011678
- form_type: 8-K
- ticker: KPLT
- cik: 0001785424
- company_name: Katapult Holdings, Inc.
- filed_at: 2025-09-16T23:59:59+00:00
- event_type: debt
- sentiment: negative
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1785424/000095010325011678/0000950103-25-011678-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1785424/000095010325011678/dp234385_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950103-25-011678
- JSON: https://secwatch.observer/filing/0000950103-25-011678.json
- Plain text: https://secwatch.observer/filing/0000950103-25-011678.txt

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