Katapult Holdings, Inc. 8-K

What Happened
Katapult Holdings, Inc. filed an 8-K reporting that on June 17, 2026 it entered into amendments to its December 11, 2025 Merger Agreement and Stockholders Agreement (related to the announced all‑stock merger with Aaron’s and CCFI). The amendments increase the Katapult Board from nine to ten members and add Philip Bartow III to the director class whose term ends at the second annual meeting of stockholders following the closing, alongside Lynn DeVault, Gene Schutt and Orlando Zayas.

Key Details

• Amendment date: June 17, 2026; original Merger Agreement dated December 11, 2025.
• Board change: Katapult Board size increased from 9 to 10 directors.
• New director: Philip Bartow III appointed to the board class ending at the second annual meeting after closing.
• Governance change: For three years after closing, any increase in board size above ten directors will require an affirmative vote of at least 80% of then-current directors, and that vote must include at least one of Lynn DeVault or Will Jones (or their designated substitutes).

Why It Matters
This filing documents a concrete governance change tied to the pending merger: an additional director seat and stricter approval rules for future board expansion. Board composition and voting thresholds affect control and oversight of the combined company after closing. Katapult also notes it will file the Registration Statement/Proxy Statement and call a special stockholder meeting to obtain approval of the transaction; investors should review those forthcoming materials for full details.