---
schema_version: "secwatch.filing_event.v1"
accession: "0000950103-26-005778"
form_type: "8-K"
ticker: "KPLT"
cik: "0001785424"
company_name: "Katapult Holdings, Inc."
filed_at: "2026-04-16T23:59:59+00:00"
generated_at: "2026-05-15T05:50:13.212837+00:00"
event_type: "debt"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Katapult enters Tenth Limited Waiver for loan breach; waives Q1 originations miss

## Summary
- Credit parties failed to maintain Minimum Trailing Three-Month Net Originations as of March 31, 2026.
- Charge-off percentage ratio exceeded thresholds for vintage pools in Dec 2025, Jan/Feb 2026 monthly reports.
- Waiver permanently waives the resulting default and any advance rate reduction from trigger events.
- Lenders include Midtown Madison Management LLC and Blue Owl Asset Income funds; effective April 15, 2026.
- Credit parties represent no other defaults continuing and reaffirm obligations under the loan agreement.

## SEC filing metadata
- accession: 0000950103-26-005778
- form_type: 8-K
- ticker: KPLT
- cik: 0001785424
- company_name: Katapult Holdings, Inc.
- filed_at: 2026-04-16T23:59:59+00:00
- event_type: debt
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1785424/000095010326005778/0000950103-26-005778-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1785424/000095010326005778/dp245242_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950103-26-005778
- JSON: https://secwatch.observer/filing/0000950103-26-005778.json
- Plain text: https://secwatch.observer/filing/0000950103-26-005778.txt

## Source-grounded claims
- claim_id: 0a02a9c0173f33e3213b3fbd6d77ae8c0d319c7e
  claim: Katapult Holdings, Inc. amended Tenth Limited Waiver with Midtown Madison Management LLC (effective 2026-04-15).
  evidence_excerpt: On April 15, 2026, Katapult Holdings, Inc. (the “Company”) entered into the Limited Waiver (the “Tenth Limited Waiver”) to our Amended and Restated Loan and Security Agreement
  evidence_url: https://www.sec.gov/Archives/edgar/data/1785424/000095010326005778/0000950103-26-005778-index.htm

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