Katapult Holdings Amends Revolving Credit, Extends Draw Period

What Happened Katapult Holdings, Inc. (KPLT) filed an 8-K dated August 28, 2026, disclosing a Sixth Amendment to its Second Amended and Restated Revolving Credit Agreement. The amendment, among CCF OpCo LLC (the borrower), the lenders party to the facility and The Huntington National Bank (successor to Veritex Community Bank) as administrative agent, extends the scheduled Draw Period Termination Date from August 30, 2026 to September 30, 2026. The Credit Agreement provides that upon the Draw Period Termination Date a 12‑month amortization period will commence and, absent an Event of Default, the loan maturity will occur at the end of that amortization period.

Key Details

• Sixth Amendment dated August 28, 2026; attached as Exhibit 10.1 to the 8-K.
• Draw Period Termination Date extended from August 30, 2026 to September 30, 2026.
• Extension is subject to earlier termination if an unwaived “Cease Funding Event” occurs under the Credit Agreement.
• Upon the Draw Period Termination Date, a 12‑month amortization schedule begins; maturity is deferred to end of amortization absent an Event of Default.
• The filing does not disclose changes to pricing or principal amounts in the credit facility.

Why It Matters This amendment alters the timing of Katapult’s access to its revolving credit line—giving the company one additional month to borrow under the facility before scheduled draw availability ends. For investors, that affects near‑term liquidity planning and the timeline for when scheduled principal repayments (the 12‑month amortization) will begin. Because the extension can be cut short by a Cease Funding Event and repayment timing is firm once the draw period ends, investors should note the change in cash‑flow timing and monitor future filings for any further amendments, draws, or Events of Default.