secwatch.observer — SEC 8-K summary
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Issuer:     Katapult Holdings, Inc. (KPLT)
CIK:        0001785424
Form:       8-K
Filed at:   2026-06-08T21:01:50+00:00
Accession:  0000950103-26-008665
Event type: litigation
Sentiment:  neutral
Materiality: 0.60
Item codes: 8.01
LLM model:  deepseek-v4-flash:cloud@v2

Katapult settles patent lawsuit with Flexshopper, obtains worldwide license and releases claims
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- Settlement covers U.S. Patent Nos. 10,089,682; 10,282,778; 10,891,687; 11,966,969; and 12,067,611.
- Katapult gets a nonexclusive, perpetual, fully paid-up, royalty-free worldwide license to the Subject Patents.
- Flexshopper and ReadySett release Katapult and affiliates (including Aaron's and CCFI) and covenant not to sue.
- Katapult paid an undisclosed lump sum to Flexshopper; lawsuit dismissed with prejudice on June 8, 2026.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1785424/000095010326008665/0000950103-26-008665-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1785424/000095010326008665/dp248120_8k.htm
  HTML page:      https://secwatch.observer/filing/0000950103-26-008665

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