Katapult Holdings Inc. has entered into a new amendment to its existing loan and security agreement with Midtown Madison Management LLC and other lenders. On January 15, 2026, the company signed the "Seventh Limited Waiver," which permanently waives a default related to Katapult's failure to maintain Minimum Trailing Three-Month Net Originations as of December 31, 2025, as required by the loan agreement. This waiver follows several previous waivers and amendments to the original agreement, which was last amended on December 11, 2025. The agreement involves Katapult Holdings, its subsidiaries, and the lenders, with Midtown Madison Management serving as the administrative, payment, and collateral agent.
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 EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0000950103-26-000562), on January 15, 2026, and is solely responsible for the information contained therein.
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