M&A
confidence high
sentiment neutral
materiality 0.90
Katapult to combine with Aaron's and CCF Holdings; existing holders to own 6% of combined company
Katapult Holdings, Inc.
- Katapult enters merger agreement with Aaron's and CCF Holdings; close expected by Sept 30, 2026.
- Existing Katapult stockholders to own approx. 6.0% on fully diluted basis; CCFI 79.9%, Aaron's 14.1%.
- Consideration: Aaron's holders receive 11,369,237 Katapult shares; CCFI holders 58,516,558 shares.
- Lock-up agreements restrict sales for six months post-close, phasing out over 12 months.
- Termination fee of $1,514,174 payable by Katapult under certain circumstances; loan waiver obtained.