Material Agreement, Regulation FD Disclosure (Form 8-K)

Item 1.01 Entry Into a Material Definitive Agreement.

On June 9, 2025, Katapult Holdings, Inc. (the "Company") entered into the Limited Waiver and Amendment Agreement (the "Third Limited Waiver") to our Loan and Security Agreement, dated as of May 14, 2019 (as amended, amended and restated, supplemented, revised, or otherwise modified from time to time prior to the date hereof, including pursuant to that certain Limited Waiver and Amendment Agreement dated May 14, 2025 (the "First Limited Waiver") and that certain Limited Waiver and Amendment Agreement dated June 3, 2025 (the "Second Limited Waiver" and, together with the First Limited Waiver, the "Existing Limited Waivers"), by and among Katapult SPV-1 LLC, Katapult Group, Inc., the Company, Midtown Madison Management LLC, as administrative, payment and collateral agent and lender, and the lenders party thereto (the "Lenders" and, such agreement, the "Credit Agreement") which, among other things, extended the Maturity Date (as defined in the Credit Agreement) and the Limited Waiver Termination Date (as defined in the Existing Limited Waivers), in each case, from June 9, 2025 to June 13, 2025.

This description of the Third Limited Waiver does not purport to be complete, and is subject to and qualified in its entirety by reference to the full text of the Third Limited Waiver, which is attached as Exhibit 10.1 to this Current Report on Form 8-K, and is incorporated herein by reference.

Item 7.01 Regulation FD Disclosure.

The Company continues to actively work with the Lenders on a comprehensive maturity extension amendment to the Credit Agreement that adjusts the covenants and advance rate to align with the Company's business plan. The Company is working diligently to conclude those negotiations as soon as possible. The Company may not be able to complete such a comprehensive maturity extension amendment on favorable terms, or at all, and the Company's inability to do so could have a material adverse effect on its business, financial condition, results of operations and prospects.

The information furnished in this Item 7.01 on this Current Report on Form 8-K shall not be deemed "filed" for purposes of Section 18 of the Exchange Act, or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference into any filing under the Securities Act or the Exchange Act, regardless of any general incorporation language in such filing.