Katapult Holdings Secures Waiver on Loan Agreement Default with Lenders

Reuters
2026.01.15 22:14
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Katapult Holdings Inc. has secured a waiver on a loan agreement default with lenders, including Midtown Madison Management LLC. The "Seventh Limited Waiver," signed on January 15, 2026, permanently waives a default related to the company's failure to meet Minimum Trailing Three-Month Net Originations as of December 31, 2025. This amendment follows previous waivers and amendments to the original loan agreement, which was last updated on December 11, 2025. Midtown Madison Management acts as the administrative and collateral agent for the agreement.