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Katapult Holdings Amends Loan Agreement Maturity Date

Story Highlights
  • Katapult Holdings amended its Loan Agreement, extending maturity to June 13, 2025.
  • Negotiations for a comprehensive extension are ongoing, with potential adverse effects if unsuccessful.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Katapult Holdings Amends Loan Agreement Maturity Date

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An update from Katapult Holdings ( (KPLT) ) is now available.

On June 9, 2025, Katapult Holdings entered into a Third Limited Waiver to amend its existing Loan and Security Agreement, extending the maturity date to June 13, 2025. The company is actively negotiating a comprehensive maturity extension amendment to align with its business plan, but failure to secure favorable terms could adversely affect its financial condition and operations.

The most recent analyst rating on (KPLT) stock is a Hold with a $20.00 price target. To see the full list of analyst forecasts on Katapult Holdings stock, see the KPLT Stock Forecast page.

Spark’s Take on KPLT Stock

According to Spark, TipRanks’ AI Analyst, KPLT is a Neutral.

Katapult Holdings’ overall stock score is primarily impacted by its financial instability and weak valuation, as reflected in the negative financial performance and valuation scores. Despite some positive momentum and growth potential highlighted in the earnings call, the underlying financial struggles and recent corporate events continue to pose significant risks to investors.

To see Spark’s full report on KPLT stock, click here.

More about Katapult Holdings

Katapult Holdings, Inc. operates in the financial services industry, focusing on providing innovative lease-purchase solutions for consumers and businesses. The company is known for its technology-driven approach to offering flexible payment options, catering primarily to non-prime customers who may not have access to traditional financing.

Average Trading Volume: 38,195

Technical Sentiment Signal: Sell

Current Market Cap: $42.65M

Learn more about KPLT stock on TipRanks’ Stock Analysis page.

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