PR Newswire | Aug 10, 2021 09:51AM EDT

Fistel Regarding Investigation

08/10 08:50 CDT

(KPLT) Katapult Alert: Did You Lose Money on Your Investment? Contact Johnson Fistel Regarding Investigation SAN DIEGO, Aug. 10, 2021

SAN DIEGO, Aug. 10, 2021 /PRNewswire/ -- Shareholder rights law firm Johnson Fistel, LLP is investigating potential violations of the federal securities laws by Katapult Holdings, Inc. ("Katapult" or the "Company") (NASDAQ: KPLT).

On August 9, 2021, Katapult announced financial results for the second quarter ended June 30, 2021. Net loss was $8.1 million, down from $5.1 million of net income in the second quarter of 2020. Adjusted net income was $1.5 million, down 70.4% from $5.2 million in the second quarter of 2020. Following this news, Katapult stock was trading down over 45% in early morning trading on August 10, 2021.

If you have information that could assist in this investigation, including past employees and others, or if you are a Katapult shareholder and are interested in learning more about the investigation, please contact Jim Baker (jimb@johnsonfistel.com) by email or phone at 619-814-4471. If emailing, please include a phone number.

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About Johnson Fistel, LLP:Johnson Fistel, LLP is a nationally recognized shareholder rights law firm with offices in California, New York and Georgia. The firm represents individual and institutional investors in shareholder derivative and securities class action lawsuits. For more information about the firm and its attorneys, please visit http://www.johnsonfistel.com. Attorney advertising. Past results do not guarantee future outcomes.

Contact:Johnson Fistel, LLPJim Baker, 619-814-4471jimb@johnsonfistel.com

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SOURCE Johnson Fistel, LLP