---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-23-025967"
form_type: "8-K"
ticker: "KPLT"
cik: "0001785424"
company_name: "Katapult Holdings, Inc."
filed_at: "2023-07-28T23:59:59+00:00"
generated_at: "2026-06-12T23:13:33.220818+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Katapult Holdings implements 1-for-25 reverse stock split to meet Nasdaq bid price requirement

## Summary
- Reverse stock split effective 5:00 p.m. ET July 27, 2023; every 25 shares become 1 share.
- Goal: raise per-share price above Nasdaq minimum $1 bid price for continued listing.
- No fractional shares issued; holders of fractions receive one full post-split share.
- Ticker KPLT and warrants KPLTW unchanged; new CUSIP for common: 485859 201.
- Proportionate adjustments to outstanding equity awards, warrants, and equity plans.

## SEC filing metadata
- accession: 0001628280-23-025967
- form_type: 8-K
- ticker: KPLT
- cik: 0001785424
- company_name: Katapult Holdings, Inc.
- filed_at: 2023-07-28T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 3.03, 5.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1785424/000162828023025967/0001628280-23-025967-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1785424/000162828023025967/kplt-20230727.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-23-025967
- JSON: https://secwatch.observer/filing/0001628280-23-025967.json
- Plain text: https://secwatch.observer/filing/0001628280-23-025967.txt

## Key facts
- Governance Changes
  Katapult Holdings, Inc.: Amendment to certificate of incorporation to effect a 1-for-25 reverse stock split (effective 2023-07-27).
  - Change: charter amendment
  - Effective: 2023-07-27
  source text: On July 27, 2023, Katapult Holdings, Inc. (the “ Company ”) filed a Certificate of Amendment (the “ Certificate of Amendment ”) with the Secretary of State of the State of Delaware to amend the Company’s Second Amended and Restated Certificate of Incorporation to effect, effective as of 5:00 p.m. Eastern Time on July 27, 2023, a 1-for-twenty-five reverse stock split (the “ Reverse Stock Split ”) of its common stock, par value $0.0001 per share (“ Common Stock ”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1785424/000162828023025967/0001628280-23-025967-index.htm

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