Katapult enters tenth limited waiver on amended loan agreement with Midtown Madison lenders

Katapult Holdings, Inc. +1.48%

Katapult Holdings, Inc.

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  • Katapult Holdings entered Tenth Limited Waiver on April 15, 2026 under its amended and restated loan and security agreement dated June 12, 2025.
  • Waiver addresses covenant breach tied to minimum trailing three-month net originations measured as of March 31, 2026.
  • Limited waiver also covers collateral performance trigger tied to charged-off leases exceeding specified thresholds.
  • Agreement permanently waives existing default.
  • It also permanently waives any advance-rate reduction tied to existing advance-rate trigger events.


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