secwatch / observer

8-K filed August 11, 2026, 4:54 PM ET ticker KPLT CIK 0001785424

M&A confidence high sentiment neutral materiality 1.00

Katapult closes CCFI/Aaron's merger; new CEO, CFO and $200M+ debt facilities

Katapult Holdings, Inc.

Closed merger with CCFI and Aaron's on Aug 11, 2026; ~87.4M shares outstanding fully diluted.
CCFI equityholders get 58,516,558 shares (~79.8%), Aaron's get 11,369,237 (~14.1%); former Katapult holders ~6.1%.
New $200M TopCo term loan: $122M funded at 15% cash + 5% PIK interest, $78M delayed draw, maturity Aug 11, 2029.
$75M MidCo term loan at 15%, proceeds repurchase 65,000 Hawthorn preferred shares; maturity Nov 3, 2030.
Leadership: Kyle Hanson Exec Chairman, Cory Miller CEO, Russell Falkenstein CFO; Zayas, Medlin, Walsh resigned.

item 1.01 item 2.01 item 3.02 item 2.03 item 5.01 item 5.02 item 8.01 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Departed

Gregory Zink

Director

KPLT · Katapult Holdings, Inc.

Effective: 2026-08-11
Filed: August 11, 2026, 4:54 PM ET

In accordance with the Merger Agreement and the Stockholders Agreement, effective as of the Closing, each of Philip Bartow, III, Don Gayhardt, Derek Medlin, Orlando Zayas and Gregory Zink resigned from the board of directors of Katapult (the “ Board ”).

Appointed

Philip Bartow, III

Director

KPLT · Katapult Holdings, Inc.

Effective: 2026-08-11
Filed: August 11, 2026, 4:54 PM ET

In accordance with the Merger Agreement and the Stockholders Agreement, effective as of the Closing, the size of the Board was increased to ten directors and the following individuals were appointed to the Board as directors in the classes set forth below: Jennifer Baldock, Philip Bartow, III, Lynn DeVault, Kyle Hanson, Michael Heller, William Jones, III, Cory Miller, Eugene Schutt, Orlando Zayas and Gregory Zink.

Appointed

Cory Miller

Director

KPLT · Katapult Holdings, Inc.

Effective: 2026-08-11
Filed: August 11, 2026, 4:54 PM ET

In accordance with the Merger Agreement and the Stockholders Agreement, effective as of the Closing, the size of the Board was increased to ten directors and the following individuals were appointed to the Board as directors in the classes set forth below: Jennifer Baldock, Philip Bartow, III, Lynn DeVault, Kyle Hanson, Michael Heller, William Jones, III, Cory Miller, Eugene Schutt, Orlando Zayas and Gregory Zink.

Departed

Nancy Walsh

Chief Financial Officer

KPLT · Katapult Holdings, Inc.

Effective: 2026-08-11
Filed: August 11, 2026, 4:54 PM ET

In accordance with the Merger Agreement and the Stockholders Agreement, effective as of the Closing, Orlando Zayas resigned as Chief Executive Officer, Derek Medlin resigned as President and Chief Growth Officer and Nancy Walsh resigned as Chief Financial Officer.

Appointed

Jennifer Baldock

Lead Director of the Board

KPLT · Katapult Holdings, Inc.

Effective: 2026-08-11
Filed: August 11, 2026, 4:54 PM ET

Kyle Hanson will serve as the Executive Chairman of the Board and Jennifer Baldock will serve as Lead Director of the Board.

Departed

Orlando Zayas

Chief Executive Officer

KPLT · Katapult Holdings, Inc.

Effective: 2026-08-11
Filed: August 11, 2026, 4:54 PM ET

In accordance with the Merger Agreement and the Stockholders Agreement, effective as of the Closing, Orlando Zayas resigned as Chief Executive Officer, Derek Medlin resigned as President and Chief Growth Officer and Nancy Walsh resigned as Chief Financial Officer.

Appointed

Gregory Zink

Director

KPLT · Katapult Holdings, Inc.

Effective: 2026-08-11
Filed: August 11, 2026, 4:54 PM ET

In accordance with the Merger Agreement and the Stockholders Agreement, effective as of the Closing, the size of the Board was increased to ten directors and the following individuals were appointed to the Board as directors in the classes set forth below: Jennifer Baldock, Philip Bartow, III, Lynn DeVault, Kyle Hanson, Michael Heller, William Jones, III, Cory Miller, Eugene Schutt, Orlando Zayas and Gregory Zink.

Appointed

Kyle Hanson

Executive Chairman of the Board

KPLT · Katapult Holdings, Inc.

Effective: 2026-08-11
Filed: August 11, 2026, 4:54 PM ET

Kyle Hanson will serve as the Executive Chairman of the Board and Jennifer Baldock will serve as Lead Director of the Board.

Departed

Don Gayhardt

Director

KPLT · Katapult Holdings, Inc.

Effective: 2026-08-11
Filed: August 11, 2026, 4:54 PM ET

In accordance with the Merger Agreement and the Stockholders Agreement, effective as of the Closing, each of Philip Bartow, III, Don Gayhardt, Derek Medlin, Orlando Zayas and Gregory Zink resigned from the board of directors of Katapult (the “ Board ”).

Appointed

Jennifer Baldock

Director

KPLT · Katapult Holdings, Inc.

Effective: 2026-08-11
Filed: August 11, 2026, 4:54 PM ET

In accordance with the Merger Agreement and the Stockholders Agreement, effective as of the Closing, the size of the Board was increased to ten directors and the following individuals were appointed to the Board as directors in the classes set forth below: Jennifer Baldock, Philip Bartow, III, Lynn DeVault, Kyle Hanson, Michael Heller, William Jones, III, Cory Miller, Eugene Schutt, Orlando Zayas and Gregory Zink.

Departed

Philip Bartow, III

Director

KPLT · Katapult Holdings, Inc.

Effective: 2026-08-11
Filed: August 11, 2026, 4:54 PM ET

In accordance with the Merger Agreement and the Stockholders Agreement, effective as of the Closing, each of Philip Bartow, III, Don Gayhardt, Derek Medlin, Orlando Zayas and Gregory Zink resigned from the board of directors of Katapult (the “ Board ”).

Appointed

Orlando Zayas

Director

KPLT · Katapult Holdings, Inc.

Effective: 2026-08-11
Filed: August 11, 2026, 4:54 PM ET

In accordance with the Merger Agreement and the Stockholders Agreement, effective as of the Closing, the size of the Board was increased to ten directors and the following individuals were appointed to the Board as directors in the classes set forth below: Jennifer Baldock, Philip Bartow, III, Lynn DeVault, Kyle Hanson, Michael Heller, William Jones, III, Cory Miller, Eugene Schutt, Orlando Zayas and Gregory Zink.

Appointed

Kyle Hanson

Director

KPLT · Katapult Holdings, Inc.

Effective: 2026-08-11
Filed: August 11, 2026, 4:54 PM ET

In accordance with the Merger Agreement and the Stockholders Agreement, effective as of the Closing, the size of the Board was increased to ten directors and the following individuals were appointed to the Board as directors in the classes set forth below: Jennifer Baldock, Philip Bartow, III, Lynn DeVault, Kyle Hanson, Michael Heller, William Jones, III, Cory Miller, Eugene Schutt, Orlando Zayas and Gregory Zink.

Departed

Orlando Zayas

Director

KPLT · Katapult Holdings, Inc.

Effective: 2026-08-11
Filed: August 11, 2026, 4:54 PM ET

In accordance with the Merger Agreement and the Stockholders Agreement, effective as of the Closing, each of Philip Bartow, III, Don Gayhardt, Derek Medlin, Orlando Zayas and Gregory Zink resigned from the board of directors of Katapult (the “ Board ”).

Appointed

Michael Heller

Director

KPLT · Katapult Holdings, Inc.

Effective: 2026-08-11
Filed: August 11, 2026, 4:54 PM ET

In accordance with the Merger Agreement and the Stockholders Agreement, effective as of the Closing, the size of the Board was increased to ten directors and the following individuals were appointed to the Board as directors in the classes set forth below: Jennifer Baldock, Philip Bartow, III, Lynn DeVault, Kyle Hanson, Michael Heller, William Jones, III, Cory Miller, Eugene Schutt, Orlando Zayas and Gregory Zink.

Departed

Derek Medlin

President and Chief Growth Officer

KPLT · Katapult Holdings, Inc.

Effective: 2026-08-11
Filed: August 11, 2026, 4:54 PM ET

In accordance with the Merger Agreement and the Stockholders Agreement, effective as of the Closing, Orlando Zayas resigned as Chief Executive Officer, Derek Medlin resigned as President and Chief Growth Officer and Nancy Walsh resigned as Chief Financial Officer.

Appointed

Eugene Schutt

Director

KPLT · Katapult Holdings, Inc.

Effective: 2026-08-11
Filed: August 11, 2026, 4:54 PM ET

In accordance with the Merger Agreement and the Stockholders Agreement, effective as of the Closing, the size of the Board was increased to ten directors and the following individuals were appointed to the Board as directors in the classes set forth below: Jennifer Baldock, Philip Bartow, III, Lynn DeVault, Kyle Hanson, Michael Heller, William Jones, III, Cory Miller, Eugene Schutt, Orlando Zayas and Gregory Zink.

Departed

Derek Medlin

Director

KPLT · Katapult Holdings, Inc.

Effective: 2026-08-11
Filed: August 11, 2026, 4:54 PM ET

In accordance with the Merger Agreement and the Stockholders Agreement, effective as of the Closing, each of Philip Bartow, III, Don Gayhardt, Derek Medlin, Orlando Zayas and Gregory Zink resigned from the board of directors of Katapult (the “ Board ”).

Appointed

William Jones, III

Director

KPLT · Katapult Holdings, Inc.

Effective: 2026-08-11
Filed: August 11, 2026, 4:54 PM ET

In accordance with the Merger Agreement and the Stockholders Agreement, effective as of the Closing, the size of the Board was increased to ten directors and the following individuals were appointed to the Board as directors in the classes set forth below: Jennifer Baldock, Philip Bartow, III, Lynn DeVault, Kyle Hanson, Michael Heller, William Jones, III, Cory Miller, Eugene Schutt, Orlando Zayas and Gregory Zink.

Appointed

Lynn DeVault

Director

KPLT · Katapult Holdings, Inc.

Effective: 2026-08-11
Filed: August 11, 2026, 4:54 PM ET

In accordance with the Merger Agreement and the Stockholders Agreement, effective as of the Closing, the size of the Board was increased to ten directors and the following individuals were appointed to the Board as directors in the classes set forth below: Jennifer Baldock, Philip Bartow, III, Lynn DeVault, Kyle Hanson, Michael Heller, William Jones, III, Cory Miller, Eugene Schutt, Orlando Zayas and Gregory Zink.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Gregory Zink resigned as Director at Katapult Holdings, Inc..

Action: resigned
Role: Director

Exact text from the filing

In accordance with the Merger Agreement and the Stockholders Agreement, effective as of the Closing, each of Philip Bartow, III, Don Gayhardt, Derek Medlin, Orlando Zayas and Gregory Zink resigned from the board of directors of Katapult (the “ Board ”).

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Philip Bartow, III was appointed as Director at Katapult Holdings, Inc..

Action: appointed
Role: Director

Exact text from the filing

In accordance with the Merger Agreement and the Stockholders Agreement, effective as of the Closing, the size of the Board was increased to ten directors and the following individuals were appointed to the Board as directors in the classes set forth below: Jennifer Baldock, Philip Bartow, III, Lynn DeVault, Kyle Hanson, Michael Heller, William Jones, III, Cory Miller, Eugene Schutt, Orlando Zayas and Gregory Zink.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Cory Miller was appointed as Director at Katapult Holdings, Inc..

Action: appointed
Role: Director

Exact text from the filing

In accordance with the Merger Agreement and the Stockholders Agreement, effective as of the Closing, the size of the Board was increased to ten directors and the following individuals were appointed to the Board as directors in the classes set forth below: Jennifer Baldock, Philip Bartow, III, Lynn DeVault, Kyle Hanson, Michael Heller, William Jones, III, Cory Miller, Eugene Schutt, Orlando Zayas and Gregory Zink.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Nancy Walsh resigned as Chief Financial Officer at Katapult Holdings, Inc..

Action: resigned
Role: Chief Financial Officer

Exact text from the filing

In accordance with the Merger Agreement and the Stockholders Agreement, effective as of the Closing, Orlando Zayas resigned as Chief Executive Officer, Derek Medlin resigned as President and Chief Growth Officer and Nancy Walsh resigned as Chief Financial Officer.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Jennifer Baldock was appointed as Lead Director of the Board at Katapult Holdings, Inc..

Action: appointed
Role: Lead Director of the Board

Exact text from the filing

Kyle Hanson will serve as the Executive Chairman of the Board and Jennifer Baldock will serve as Lead Director of the Board.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Orlando Zayas resigned as Chief Executive Officer at Katapult Holdings, Inc..

Action: resigned
Role: Chief Executive Officer

Exact text from the filing

In accordance with the Merger Agreement and the Stockholders Agreement, effective as of the Closing, Orlando Zayas resigned as Chief Executive Officer, Derek Medlin resigned as President and Chief Growth Officer and Nancy Walsh resigned as Chief Financial Officer.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Gregory Zink was appointed as Director at Katapult Holdings, Inc..

Action: appointed
Role: Director

Exact text from the filing

In accordance with the Merger Agreement and the Stockholders Agreement, effective as of the Closing, the size of the Board was increased to ten directors and the following individuals were appointed to the Board as directors in the classes set forth below: Jennifer Baldock, Philip Bartow, III, Lynn DeVault, Kyle Hanson, Michael Heller, William Jones, III, Cory Miller, Eugene Schutt, Orlando Zayas and Gregory Zink.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Kyle Hanson was appointed as Executive Chairman of the Board at Katapult Holdings, Inc..

Action: appointed
Role: Executive Chairman of the Board

Exact text from the filing

Kyle Hanson will serve as the Executive Chairman of the Board and Jennifer Baldock will serve as Lead Director of the Board.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Don Gayhardt resigned as Director at Katapult Holdings, Inc..

Action: resigned
Role: Director

Exact text from the filing

In accordance with the Merger Agreement and the Stockholders Agreement, effective as of the Closing, each of Philip Bartow, III, Don Gayhardt, Derek Medlin, Orlando Zayas and Gregory Zink resigned from the board of directors of Katapult (the “ Board ”).

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Jennifer Baldock was appointed as Director at Katapult Holdings, Inc..

Action: appointed
Role: Director

Exact text from the filing

In accordance with the Merger Agreement and the Stockholders Agreement, effective as of the Closing, the size of the Board was increased to ten directors and the following individuals were appointed to the Board as directors in the classes set forth below: Jennifer Baldock, Philip Bartow, III, Lynn DeVault, Kyle Hanson, Michael Heller, William Jones, III, Cory Miller, Eugene Schutt, Orlando Zayas and Gregory Zink.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Philip Bartow, III resigned as Director at Katapult Holdings, Inc..

Action: resigned
Role: Director

Exact text from the filing

In accordance with the Merger Agreement and the Stockholders Agreement, effective as of the Closing, each of Philip Bartow, III, Don Gayhardt, Derek Medlin, Orlando Zayas and Gregory Zink resigned from the board of directors of Katapult (the “ Board ”).

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Orlando Zayas was appointed as Director at Katapult Holdings, Inc..

Action: appointed
Role: Director

Exact text from the filing

In accordance with the Merger Agreement and the Stockholders Agreement, effective as of the Closing, the size of the Board was increased to ten directors and the following individuals were appointed to the Board as directors in the classes set forth below: Jennifer Baldock, Philip Bartow, III, Lynn DeVault, Kyle Hanson, Michael Heller, William Jones, III, Cory Miller, Eugene Schutt, Orlando Zayas and Gregory Zink.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Kyle Hanson was appointed as Director at Katapult Holdings, Inc..

Action: appointed
Role: Director

Exact text from the filing

In accordance with the Merger Agreement and the Stockholders Agreement, effective as of the Closing, the size of the Board was increased to ten directors and the following individuals were appointed to the Board as directors in the classes set forth below: Jennifer Baldock, Philip Bartow, III, Lynn DeVault, Kyle Hanson, Michael Heller, William Jones, III, Cory Miller, Eugene Schutt, Orlando Zayas and Gregory Zink.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Orlando Zayas resigned as Director at Katapult Holdings, Inc..

Action: resigned
Role: Director

Exact text from the filing

In accordance with the Merger Agreement and the Stockholders Agreement, effective as of the Closing, each of Philip Bartow, III, Don Gayhardt, Derek Medlin, Orlando Zayas and Gregory Zink resigned from the board of directors of Katapult (the “ Board ”).

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Michael Heller was appointed as Director at Katapult Holdings, Inc..

Action: appointed
Role: Director

Exact text from the filing

In accordance with the Merger Agreement and the Stockholders Agreement, effective as of the Closing, the size of the Board was increased to ten directors and the following individuals were appointed to the Board as directors in the classes set forth below: Jennifer Baldock, Philip Bartow, III, Lynn DeVault, Kyle Hanson, Michael Heller, William Jones, III, Cory Miller, Eugene Schutt, Orlando Zayas and Gregory Zink.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Derek Medlin resigned as President and Chief Growth Officer at Katapult Holdings, Inc..

Action: resigned
Role: President and Chief Growth Officer

Exact text from the filing

In accordance with the Merger Agreement and the Stockholders Agreement, effective as of the Closing, Orlando Zayas resigned as Chief Executive Officer, Derek Medlin resigned as President and Chief Growth Officer and Nancy Walsh resigned as Chief Financial Officer.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Eugene Schutt was appointed as Director at Katapult Holdings, Inc..

Action: appointed
Role: Director

Exact text from the filing

In accordance with the Merger Agreement and the Stockholders Agreement, effective as of the Closing, the size of the Board was increased to ten directors and the following individuals were appointed to the Board as directors in the classes set forth below: Jennifer Baldock, Philip Bartow, III, Lynn DeVault, Kyle Hanson, Michael Heller, William Jones, III, Cory Miller, Eugene Schutt, Orlando Zayas and Gregory Zink.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Derek Medlin resigned as Director at Katapult Holdings, Inc..

Action: resigned
Role: Director

Exact text from the filing

In accordance with the Merger Agreement and the Stockholders Agreement, effective as of the Closing, each of Philip Bartow, III, Don Gayhardt, Derek Medlin, Orlando Zayas and Gregory Zink resigned from the board of directors of Katapult (the “ Board ”).

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

William Jones, III was appointed as Director at Katapult Holdings, Inc..

Action: appointed
Role: Director

Exact text from the filing

In accordance with the Merger Agreement and the Stockholders Agreement, effective as of the Closing, the size of the Board was increased to ten directors and the following individuals were appointed to the Board as directors in the classes set forth below: Jennifer Baldock, Philip Bartow, III, Lynn DeVault, Kyle Hanson, Michael Heller, William Jones, III, Cory Miller, Eugene Schutt, Orlando Zayas and Gregory Zink.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Lynn DeVault was appointed as Director at Katapult Holdings, Inc..

Action: appointed
Role: Director

Exact text from the filing

In accordance with the Merger Agreement and the Stockholders Agreement, effective as of the Closing, the size of the Board was increased to ten directors and the following individuals were appointed to the Board as directors in the classes set forth below: Jennifer Baldock, Philip Bartow, III, Lynn DeVault, Kyle Hanson, Michael Heller, William Jones, III, Cory Miller, Eugene Schutt, Orlando Zayas and Gregory Zink.

View on SEC.gov

Katapult Holdings, Inc. filing history →

Source: SEC EDGAR

accession 0001104659-26-094116

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