Katapult Holdings to Combine with Aaron's and CCF Holdings in All-Stock Deal

Reuters12-12 19:00
Katapult Holdings to Combine with Aaron's and CCF Holdings in All-Stock Deal

Katapult Holdings Inc., The Aaron's Company, and CCF Holdings LLC have entered into an agreement to combine their businesses, forming an integrated omni-channel platform aimed at non-prime consumers. Upon completion, current Katapult stockholders will own 6% of the combined entity, with the remainder held by Aaron's and CCF Holdings stakeholders. The combined company will benefit from Katapult's technology, Aaron's retail reach, and CCF Holdings' customer base, enhancing its ability to provide durable goods and a broad suite of financial solutions. The transaction, approved by the boards of all three companies, is expected to close in the first half of 2026, after receiving necessary approvals and meeting customary closing conditions. The new entity will continue trading on NASDAQ under the ticker symbol "KPLT."

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Katapult Holdings Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9601156-en) on December 12, 2025, and is solely responsible for the information contained therein.
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