secwatch.observer — SEC 8-K summary
======================================

Issuer:     Katapult Holdings, Inc. (KPLT)
CIK:        0001785424
Form:       8-K
Filed at:   2026-02-20T23:59:59+00:00
Accession:  0000950103-26-002455
Event type: debt
Sentiment:  negative
Materiality: 0.60
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1785424/000095010326002455/0000950103-26-002455-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1785424/000095010326002455/dp241900_8k.htm
  HTML page:      https://secwatch.observer/filing/0000950103-26-002455

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