8-K
filed June 8, 2023, 7:59 PM ET
ticker KPLT
CIK 0001785424
other material
confidence high
sentiment neutral
materiality 0.50
Katapult stockholders approve reverse stock split, director elections, and equity plan amendment at annual meeting
Katapult Holdings, Inc.
- 70.0M shares voted (~76.3% quorum); all four management proposals passed.
- Directors Brian Hirsch and Jane Thompson elected with ~46.8M and ~47.7M votes for, respectively.
- 2021 Equity Incentive Plan amended: share increase, evergreen provision, expiration extended to 2033.
- Ratification of Grant Thornton as auditor for FY2023: 68.4M for, 0.5M against.
- Board granted authority to effect reverse stock split at its discretion; 65.9M votes for.
Key facts
Extracted from this filing and checked against the source text.
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
Katapult Holdings, Inc. shareholders approved Ratification of the Appointment of Independent Registered Public Accounting Firm – To ratify the appointment of Grant Thornton LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2023. at the 2023-06-06 meeting.
- Proposal
- auditor ratification
- Outcome
- passed
- Meeting
- 2023-06-06
Exact text from the filing
Proposal 3. Ratification of the Appointment of Independent Registered Public Accounting Firm – To ratify the appointment of Grant Thornton LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2023. The appointment w as ratified by th e following votes: Common Stock Votes For Common Stock Votes Against Common Stock Abstentions Common Stock Broker Non-Votes 68,362,788 461,556 1,207,877 0
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
Katapult Holdings, Inc. shareholders approved Amendment to 2021 Equity Incentive Plan – To amend the 2021 Equity Incentive Plan for the Company to (i) provide an increase in the number of shares currently available under the 2021 Equity Incentive Plan, (ii) add an "evergreen" provision beginning as of January 1, 2024, and (iii) extend the expir at the 2023-06-06 meeting.
- Proposal
- equity plan
- Outcome
- passed
- Meeting
- 2023-06-06
Exact text from the filing
Proposal 2. Amendment to 2021 Equity Incentive Plan – To amend the 2021 Equity Incentive Plan for the Company to (i) provide an increase in the number of shares currently available under the 2021 Equity Incentive Plan, (ii) add an "evergreen" provision beginning as of January 1, 2024, and (iii) extend the expiration date to the tenth (10th) anniversary of the Annual Meeting. The propos al was approved by the following votes: Common Stock Votes For Common Stock Votes Against Common Stock Abstentions Common Stock Broker Non-Votes 45,104,605 10,045,782 213,048 14,668,786
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
Katapult Holdings, Inc. shareholders approved Election of Directors – To elect Mr. Brian Hirsch and Ms. Jane J. Thompson as Class II Directors to the Board of Directors (the "Board"), to serve until the Company's 2026 Annual Meeting of Stockholders and until their successors are elected and qualified. at the 2023-06-06 meeting.
- Proposal
- director election
- Outcome
- passed
- Meeting
- 2023-06-06
Exact text from the filing
Proposal 1. Election of Directors – To elect Mr. Brian Hirsch and Ms. Jane J. Thompson as Class II Directors to the Board of Directors (the "Board"), to serve until the Company's 2026 Annual Meeting of Stockholders and until their successors are elected and qualified. The proposal was approved b y the following votes for each nominee: Director Common Stock Votes For Common Stock Votes Withheld Common Stock Broker Non-Votes Brian Hirsch 46,825,125 8,538,310 14,668,786 Jane J. Thompson 47,701,492 7,661,943 14,668,786
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
Katapult Holdings, Inc. shareholders approved Reverse Stock Split – To grant the Board the discretionary authority to amend the Company’s Second Amended and Restated Certificate of Incorporation to effect a reverse stock split of the Company’s common stock. at the 2023-06-06 meeting.
- Proposal
- reverse split
- Outcome
- passed
- Meeting
- 2023-06-06
Exact text from the filing
Proposal 4. Reverse Stock Split – To grant the Board the discretionary authority to amend the Company’s Second Amended and Restated Certificate of Incorporation to effect a reverse stock split of the Company’s common stock. The proposal w as approved by the following votes: Common Stock Votes For Common Stock Votes Against Common Stock Abstentions Common Stock Broker Non-Votes 65,873,266 3,907,287 251,668 0
View on SEC.gov
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