{"filing":{"accession_number":"0000950103-26-008473","cik":"0001785424","ticker":"KPLTW","company_name":"Katapult Holdings, Inc.","form":"8-K","filing_date":"2026-06-03","report_date":null,"primary_document":"dp247764_8k.htm","primary_document_url":"https://www.sec.gov/Archives/edgar/data/1785424/000095010326008473/dp247764_8k.htm"},"events":[{"id":7067,"run_id":6201,"accession_number":"0000950103-26-008473","anchor_item_number":"1.01","event_type":"covenant_breach","event_domain":"financial","is_material":true,"confidence":0.75,"summary":"The disclosure describes the Third Amendment to a loan agreement, which is the company's eleventh waiver or amendment since June 2025—a pattern of repeated covenant modifications (removing the \"Minimum Trailing Net Three-Month Originations requirement\" and reducing the advance rate). This frequency and nature of amendments strongly suggests the company has been unable to meet its original loan covenants, triggering the need for successive waivers and amendments. While technically labeled as a \"material definitive agreement,\" the substance points to covenant stress and financial difficulty, making covenant_breach the most appropriate classification.","company_name":"Katapult Holdings, Inc.","ticker":"KPLTW","filing_date":"2026-06-03","form":"8-K","submitted_at":null,"items":[{"id":3840,"accession_number":"0000950103-26-008473","item_number":"1.01","item_title":"Entry Into a Material Definitive Agreement.","event_type":"covenant_breach","event_domain":"financial","is_material":true,"confidence":0.75,"reasoning":"The disclosure describes the Third Amendment to a loan agreement, which is the company's eleventh waiver or amendment since June 2025—a pattern of repeated covenant modifications (removing the \"Minimum Trailing Net Three-Month Originations requirement\" and reducing the advance rate). This frequency and nature of amendments strongly suggests the company has been unable to meet its original loan covenants, triggering the need for successive waivers and amendments. While technically labeled as a \"material definitive agreement,\" the substance points to covenant stress and financial difficulty, making covenant_breach the most appropriate classification.","classifier_version":"claude-haiku-4-5-20251001+prompt-9e0ffca5","taxonomy_version":"v1","classified_at":"2026-06-04T02:15:51.599064+00:00","company_name":"","ticker":null,"filing_date":""}]}],"classifications":[{"id":3840,"accession_number":"0000950103-26-008473","item_number":"1.01","item_title":"Entry Into a Material Definitive Agreement.","event_type":"covenant_breach","event_domain":"financial","is_material":true,"confidence":0.75,"reasoning":"The disclosure describes the Third Amendment to a loan agreement, which is the company's eleventh waiver or amendment since June 2025—a pattern of repeated covenant modifications (removing the \"Minimum Trailing Net Three-Month Originations requirement\" and reducing the advance rate). This frequency and nature of amendments strongly suggests the company has been unable to meet its original loan covenants, triggering the need for successive waivers and amendments. While technically labeled as a \"material definitive agreement,\" the substance points to covenant stress and financial difficulty, making covenant_breach the most appropriate classification.","classifier_version":"claude-haiku-4-5-20251001+prompt-9e0ffca5","taxonomy_version":"v1","classified_at":"2026-06-04T02:15:51.599064+00:00","company_name":"Katapult Holdings, Inc.","ticker":"KPLTW","filing_date":"2026-06-03"}]}