secwatch.observer — SEC 8-K summary
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Issuer:     Katapult Holdings, Inc. (KPLT)
CIK:        0001785424
Form:       8-K
Filed at:   2023-07-28T23:59:59+00:00
Accession:  0001628280-23-025967
Event type: other_material
Sentiment:  neutral
Materiality: 0.70
Item codes: 3.03, 5.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1785424/000162828023025967/0001628280-23-025967-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1785424/000162828023025967/kplt-20230727.htm
  HTML page:      https://secwatch.observer/filing/0001628280-23-025967

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