---
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"
generated_at: "2026-05-16T01:30:15.712938+00:00"
event_type: "debt"
sentiment: "negative"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Katapult permanently waives loan default for missing origination covenant as of Jan 31, 2026

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: debt
- sentiment: negative
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950103-26-002455
- JSON: https://secwatch.observer/filing/0000950103-26-002455.json
- Plain text: https://secwatch.observer/filing/0000950103-26-002455.txt

## Key facts
- Material Agreements
  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).
  - Action: amendment
  - Agreement: credit facility
  - Counterparty: Midtown Madison Management LLC, as administrative, payment and collateral agent and lender, and the lenders party thereto
  - Effective: 2026-02-13
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1785424/000095010326002455/0000950103-26-002455-index.htm

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