Katapult amends loan pact, cuts advance rate

• Katapult entered a Third Amendment and Limited Waiver to its Amended and Restated Loan and Security Agreement on June 2, 2026.
• The amendment removed the Minimum Trailing Net Three-Month Originations requirement.
• The amendment reduced the advance rate under the facility.
• Midtown Madison Management serves as administrative, payment, and collateral agent, also acting as a lender alongside other lenders.

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: 0000950103-26-008473), on June 03, 2026, and is solely responsible for the information contained therein.