---
schema_version: "secwatch.filing_event.v1"
accession: "0000950103-26-008473"
form_type: "8-K"
ticker: "KPLT"
cik: "0001785424"
company_name: "Katapult Holdings, Inc."
filed_at: "2026-06-03T20:54:35+00:00"
generated_at: "2026-06-03T21:07:39.191998+00:00"
event_type: "debt"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Katapult (KPLT) amends credit facility; waives default, removes minimum origination covenant

## Summary
- Permanent waiver of default for failure to meet Minimum Trailing Three-Month Net Originations as of May 31, 2026.
- Removes Minimum Trailing Net Three-Month Originations covenant and reduces advance rate under $110M facility.
- Consents to Parent Reorganization Transaction including new guarantor Katapult Midco and Permitted Hawthorn Debt.
- Third amendment since June 2025 loan; cumulative 11+ prior limited waivers signal ongoing financial pressure.

## SEC filing metadata
- accession: 0000950103-26-008473
- form_type: 8-K
- ticker: KPLT
- cik: 0001785424
- company_name: Katapult Holdings, Inc.
- filed_at: 2026-06-03T20:54:35+00:00
- event_type: debt
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1785424/000095010326008473/0000950103-26-008473-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1785424/000095010326008473/dp247764_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950103-26-008473
- JSON: https://secwatch.observer/filing/0000950103-26-008473.json
- Plain text: https://secwatch.observer/filing/0000950103-26-008473.txt

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