{"schema_version":"secwatch.filing_event.v1","accession":"0000950103-26-002455","form_type":"8-K","ticker":"KPLT","cik":"0001785424","company_name":"Katapult Holdings, Inc.","filed_at":"2026-02-20T23:59:59+00:00","discovered_at":"2026-05-14T18:02:36.170178+00:00","generated_at":"2026-05-16T01:30:15.712938+00:00","sec_items":["1.01","9.01"],"event_type":"debt","sentiment":"negative","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Katapult permanently waives loan default for missing origination covenant as of Jan 31, 2026","bullets":["Credit Parties failed to maintain Minimum Trailing Three-Month Net Originations required by loan agreement as of Jan 31, 2026.","Eighth Limited Waiver permanently waives this Existing Default; effective February 13, 2026.","Waiver does not cure other defaults; lenders retain all other rights and remedies under the loan agreement.","This is the eighth in a series of waivers since September 2025, indicating ongoing covenant difficulties."],"urls":{"canonical":"https://secwatch.observer/filing/0000950103-26-002455","json":"https://secwatch.observer/filing/0000950103-26-002455.json","markdown":"https://secwatch.observer/filing/0000950103-26-002455.md","text":"https://secwatch.observer/filing/0000950103-26-002455.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1785424/000095010326002455/0000950103-26-002455-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1785424/000095010326002455/dp241900_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T01:30:15.712938+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"52b5a8f8587e173bc1470783a0dea6372271ad87","claim":"Katapult Holdings, Inc. amended Eighth Limited Waiver with Midtown Madison Management LLC, as administrative, payment and collateral agent and lender, and the lenders party thereto (effective 2026-02-13).","evidence_excerpt":"On February 13, 2026, Katapult Holdings, Inc. (the “Company”) entered into the Limited Waiver (the “Eighth Limited Waiver”) to our Amended and Restated Loan and Security Agreement, dated as of June 12, 2025","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1785424/000095010326002455/0000950103-26-002455-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"amendment"},{"label":"Agreement","value":"credit facility"},{"label":"Counterparty","value":"Midtown Madison Management LLC, as administrative, payment and collateral agent and lender, and the lenders party thereto"},{"label":"Effective","value":"2026-02-13"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}