Katapult Holdings Secures New Credit Facility Agreement

Katapult Holdings ( (KPLT) ) has provided an announcement.

On June 12, 2025, Katapult Holdings entered into an Amended and Restated Loan and Security Agreement, which includes a new revolving credit facility of $110 million and a term loan of approximately $32.7 million. This refinancing aims to enhance the company’s financial flexibility and address existing defaults, with implications for stockholder approval and potential dilution due to conversion features and warrants. The agreement imposes various covenants and restrictions, impacting the company’s operational strategies and financial obligations.

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 significantly impacted by its weak financial performance, characterized by high leverage and negative profitability. While technical analysis shows neutral momentum, the negative valuation metrics further weigh down the score. The earnings call provided some optimism with anticipated growth, but existing operational challenges and financial instability remain significant concerns.

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 lease-to-own solutions for consumers. The company primarily offers a platform that enables consumers to access essential goods through flexible payment options, catering to a market that seeks alternatives to traditional credit.

Average Trading Volume: 38,068

Technical Sentiment Signal: Sell

Current Market Cap: $40.79M

For detailed information about KPLT stock, go to TipRanks’ Stock Analysis page.