Katapult Holdings, Inc. Enters into Sixth Limited Waiver Agreement

On October 29, 2025, Katapult Holdings, Inc. entered into the Sixth Limited Waiver to its Amended and Restated Loan and Security Agreement, dated June 12, 2025. This waiver temporarily addresses the Credit Parties' failure to maintain Minimum Trailing Three-Month Originations as of August 31, 2025, and September 30, 2025. The Sixth Limited Waiver temporarily waives the Existing Default until October 31, 2025. Despite this waiver, the Existing Default is deemed to have occurred and is continuing for purposes of the Conversion Rights, allowing Class B Lenders to convert up to 100% of the outstanding Term Loan into shares of common stock at the Conversion Rate. The 20-day VWAP as of October 28, 2025, was approximately $12.85. The full text of the Sixth Limited Waiver is attached as Exhibit 10.1 to the Form 8-K.