EQUITY ALERT: Levi & Korsinsky, LLP Notifies Investors of an Investigation Involving Possible Securities Fraud Violations by Certain Officers and Directors of Katapult Holdings, Inc.

August 18, 2021 5:33 PM EDT | Source: Levi & Korsinsky, LLP

New York, New York--(Newsfile Corp. - August 18, 2021) -  Levi & Korsinsky notifies investors that it has commenced an investigation of Katapult Holdings, Inc. ("Katapult" or the "Company") (NASDAQ: KPLT) concerning possible violations of federal securities laws.

On August 9, 2021, Katapult announced financial results for the second quarter that ended on June 30, 2021. The net loss was $8.1 million, down from $5.1 million of net income in the second quarter of 2020. The adjusted net income was $1.5 million, down 70.4% from $5.2 million in the second quarter of 2020.

On this news, the Company's stock fell as much as 53% during intraday trading on August 10, 2021, thereby injuring investors. To obtain additional information, go to:

https://www.zlk.com/pslra-1/katapult-holdings-inc-information-request-form

or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500.

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Levi & Korsinsky is a nationally recognized firm with offices in New York, California, Connecticut and Washington D.C. The firm's attorneys have extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities and shareholder lawsuits. Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
55 Broadway, 10th Floor
New York, NY 10006
Tel: (212) 363-7500
Fax: (212) 363-7171
www.zlk.com

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/93651

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