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 UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
 
FORM 8-K
 
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
 
Date of Report (Date of earliest event reported): November 9, 2021
 
KATAPULT HOLDINGS, INC.
(Exact name of registrant as specified in its charter)
 
Delaware 001-39116 81-4424170
(State or other jurisdiction
of incorporation)
 (Commission File Number) 
(IRS Employer
Identification No.)
 
5204 Tennyson Parkway, Suite 500
Plano, TX
 75024
(Address of principal executive offices) (Zip Code)
 

 (833) 528-2785 
(Registrant’s telephone number, including area code:)

Not Applicable
(Former name or former address, if changed since last report)
 
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
 
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:
 
Title of Each Class Trading Symbol(s) Name of Each Exchange on
Which Registered
Common Stock, par value $0.0001 per share KPLT The Nasdaq Stock Market LLC
Redeemable Warrants KPLTW The Nasdaq Stock Market LLC

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
 



Emerging growth company
 
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.
 




Item 2.02 Results of Operations and Financial Condition.

On November 9, 2021, Katapult Holdings, Inc., a Delaware corporation ("Katapult"), issued a press release regarding its financial results for the three and nine months ended September 30, 2021. A copy of the press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K, and is incorporated herein by reference.

The information in this Item 2.02, including Exhibits 99.1 is being furnished and shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as expressly set forth by specific reference in such a filing.

Item 8.01 Other Events.

On November 9, 2021, Katapult updated the size of its estimated total addressable market. The total addressable market for the virtual lease-to-own market is estimated to be $40 billion to $50 billion, with Katapult capturing less than 1% of market share (based on year to date 2021 gross originations).

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits

Exhibit No.Exhibit
104Cover Page Interactive Data File (embedded within the inline XBRL document)





SIGNATURES



Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.


Date:November 9, 2021/s/ Orlando Zayas
Name:Orlando Zayas
Title:Chief Executive Officer