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Katapult Holdings receives waiver for loan agreement default from lenders
Katapult Holdings (NASDAQ:KPLT) has received an Eighth Limited Waiver from its lenders, permanently resolving a default related to failing to meet a financial covenant on net originations as of January 31, 2026. This waiver is part of its Amended and Restated Loan and Security Agreement, initially from June 2025. The company also announced a definitive all-stock merger agreement with The Aaron’s Company, Inc. and CCF Holdings LLC, aiming to create an integrated platform for non-prime consumers, with Katapult shareholders owning 6% of the new entity.