Katapult (NASDAQ:KPLT) held its 2026 Annual Meeting of Shareholders on Thursday, April 30, 2026, via a virtual online platform, with Chief Executive Officer Orlando Zayas presiding as chair of the meeting.
Zayas said the company’s decision to host the meeting online was intended to be “more inclusive and reach a greater number of shareholders.” He outlined that the meeting would follow the order set forth in the notice of annual meeting and proxy statement, with a question-and-answer session planned after the formal business.
Attendance and meeting procedures
Zayas reviewed the rules of conduct and voting procedures, including that each share of common stock entitled its holder to one vote and that only validated stockholders could submit questions through the web portal. He said a list of stockholders of record as of March 16, 2026—the record date—was available for inspection on the meeting platform during the meeting.
According to Zayas, the inspector of election reported that shares representing “more than a majority of the voting power of all issued and outstanding stock entitled to vote on the record date” were represented in person or by proxy, establishing a quorum.
Three proposals presented for a vote
Zayas said shareholders were asked to vote on three proposals:
- Election of directors: Election of one Class II director for a three-year term ending at the company’s 2029 annual meeting of stockholders; the nominee was Derek Medlin.
- Auditor ratification: Ratification of the Audit Committee’s selection of Grant Thornton LLP as the company’s independent registered public accounting firm for the fiscal year ending December 31, 2026.
- Advisory vote on executive compensation: A non-binding advisory resolution approving compensation of the company’s named executive officers.
Zayas reminded shareholders that those who had already voted by proxy did not need to vote again unless they wished to change their vote, and he instructed those who had not voted to submit their ballots online before the polls closed.
Preliminary results: all proposals approved
After the polls closed, Zayas reported that the inspector of election provided preliminary results indicating that shareholders approved all three items.
Specifically, Zayas said Derek Medlin was elected as a Class II director to serve until the 2029 annual meeting of stockholders. He also said shareholders ratified the appointment of Grant Thornton LLP as the company’s independent registered public accounting firm for the fiscal year ending December 31, 2026, and approved the non-binding advisory resolution on executive compensation.
Zayas said a full tally of the votes would be published in a current report on Form 8-K to be filed with the U.S. Securities and Exchange Commission within four business days.
No shareholder questions submitted
Following adjournment of the formal portion of the meeting, Zayas opened the planned Q&A segment and provided a standard caution that the discussion could include forward-looking statements subject to risks and uncertainties, referencing the company’s earnings release and Form 10-Q for the quarter ended March 31, 2026, as well as other SEC filings.
The operator stated there were no questions submitted. Zayas then concluded the meeting and directed shareholders with follow-up questions to contact investor relations at [email protected].
About Katapult (NASDAQ:KPLT)
Katapult Holdings Inc is a New York–based fintech company that provides point-of-sale financing solutions designed to expand access to affordable consumer credit. The company’s platform enables retailers to offer lease-to-own and installment payment options to customers who may not qualify for traditional financing, using a data-driven credit decision engine and proprietary underwriting algorithms. Katapult’s digital approach streamlines the application process and automates account management, helping merchants boost conversion rates and average order values.
The company partners with a broad range of online and omnichannel retailers across categories such as furniture, electronics, outdoor equipment and consumer goods, integrating its financing options via APIs and plug-and-play modules.
