Katapult Holdings, Inc. Enters into Limited Waiver Agreement
2025-09-16SEC Filing 8-K (0000950103-25-011678)
On September 15, 2025, Katapult Holdings, Inc. entered into a Limited Waiver agreement with its lenders, temporarily waiving a default under its Amended and Restated Loan and Security Agreement. The default arose from the company's failure to maintain a Minimum Trailing Three-Month Origination of at least $61,000,000 as of August 31, 2025. The Limited Waiver, effective until September 29, 2025, provides temporary relief from the default but does not waive any other potential defaults or events of default. The agreement includes representations and warranties from the Credit Parties and outlines conditions for the waiver's effectiveness. The filing includes the full text of the Limited Waiver as Exhibit 10.1.
Tickers mentioned in this filing:KPLTW
The link to the original SEC document:https://www.sec.gov/Archives/edgar/data/1785424/0000950103-25-011678.txt