secwatch.observer — SEC 8-K summary
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Issuer:     Katapult Holdings, Inc. (KPLT)
CIK:        0001785424
Form:       8-K
Filed at:   2025-11-14T23:59:59+00:00
Accession:  0000950103-25-014784
Event type: other_material
Sentiment:  neutral
Materiality: 0.30
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Katapult waives preliminary proxy deadline and adjusts preferred dividend rate trigger
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- Waiver with HHCF Series 21 Sub (holder of 100% Series A & B convertible preferred) dated Nov 13, 2025.
- Waives requirement to file preliminary proxy within 10 days after initial issue date of preferred stock.
- Dividend rate increased from 18% to 19% only if stockholder approval not obtained by first annual meeting; prior accumulation waived.
- Waiver does not otherwise amend the certificate of designations; rate remains 18% until potential trigger.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1785424/000095010325014784/0000950103-25-014784-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1785424/000095010325014784/dp237389_8k.htm
  HTML page:      https://secwatch.observer/filing/0000950103-25-014784

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer