The Latest Katapult News can be found on their blog at https://blog.katapult.com/katapult_konnect
On April 26, 2021, as discussed with WithumSmith+Brown, PC, the Company’s independent registered public accounting firm (the “Independent Accountants”), the Company’s management and the Audit Committee of the Company’s Board of Directors (the “Audit Committee”) concluded that, in light of the SEC Statement, it is appropriate to restate the Company’s financial statements for the periods ended November 5, 2019, December 31, 2019, March 31, 2020, June 30, 2020, September 30, 2020 and December 31, 2020 (the “Relevant Periods”). Considering such restatement, such financial statements should no longer be relied upon.
On April 21, 2021, Katapult, the leading provider of eCommerce point-of-sale (“POS”) lease-purchase options for nonprime U.S. consumers, held an analyst day with sell-side research analysts and published an updated investor presentation, which can be found on the SEC website.
On April 6, 2021, Katapult, the leading provider of eCommerce point-of-sale (“POS”) lease-purchase options for nonprime U.S. consumers, today announced it is a checkout option with smartphone manufacturer, Motorola.
On March 23, 2021, Katapult, the leading provider of eCommerce point-of-sale (“POS”) lease-purchase options for nonprime U.S. consumers, today announced it is a checkout option with new and pre-owned Apple product retailer, Simply Mac.
On March 4, 2021, Katapult Holding, Inc. announced it will present at the 2021 Wolfe Research Fintech Conference.
Chief Executive Officer, Orlando Zayas, will present at the eComm Panel on Thursday, March 11, 2021 at 1:00 p.m. Eastern Time and it will be webcast live. The live audio webcast will be available on the Katapult Investor Relations website at https://go.katapult.com/investor_relations. After the event, an archive of the webcast will also be available for a limited time on the Katapult Investor Relations website.
On January 19, 2021, FinServ Acquisition Corp. and Katapult Holdings, Inc. jointly announced that they will present at the Northland SPAC Conference. Katapult and FinServ management will present on Wednesday, January 20, 2021 at 12:00 p.m. Eastern Time and it will be webcast live.
After the event, the transcript will be available here: https://www.sec.gov/Archives/edgar/data/1785424/000121390021003302/ea133671-425_finservacq.htm
On December 18, 2020, FinServ Acquisition Corp. and Katapult Holdings, Inc. jointly announced that they have entered into a definitive merger agreement valued at approximately $1 billion.
Additional regulatory disclosures can be found on the SEC website:
FinServ Acquisition Corp. is a special purpose acquisition company formed for the purpose of acquiring or merging with one or more businesses or entities in the financial services industry or businesses providing technology services to the financial services industry.
The company raised $250,000,000 in its initial public offering in November 2019 and is listed on the NASDAQ under the symbol “FSRV”.
Information on FinServ Acquisition Corp. II (Ticker: FSRXU) can be found at https://www.finservacquisition2.com/.
Meet The Team
Chief Executive Officer
Lee Einbinder, our Chief Executive Officer and a Director since inception, was a Vice Chairman at Barclays prior to retiring in August 2019. He was responsible for senior client relationships across the financial services industry, including Banks, Specialty Finance, Financial Technology, Asset Management and Financial Sponsors. Mr. Einbinder was at Barclays since the acquisition of Lehman Brothers in 2008, and during that time was also co-Head of the Financial Institutions Group and a member of the Investment Banking Operating Committee.
Prior to joining Barclays, Mr. Einbinder worked at Lehman Brothers from 1996 to 2008, where he was Head of the Specialty Finance group and founded the Financial Technology group. He previously worked in similar capacities at CS First Boston and Salomon Brothers.
He received his M.B.A. with Distinction from the Wharton School and his B.S.E. cum laude from Princeton University.
President and Chief Financial Officer
Howard Kurz, our President and Chief Financial Officer since inception, has over 30 years’ experience as a successful institutional investor and asset manager. Mr. Kurz was the founder and has been serving as the Chief Executive Officer of Lily Pond Capital Management LLC (“LPCM”), an alternative investment manager headquartered in New York since January 2001. Most recently, LPCM was the investment manager of a Private Equity Fund (Lilypad Investors I) which provided early stage operating capital and expertise to an array of alternative investment management firms.
Before founding LPCM, from September 1996 to January 2001, Mr. Kurz was Managing Director and Head of North American Financial Markets at The Royal Bank of Scotland Plc. Additionally, he was responsible globally for Foreign Exchange, Emerging Markets, and principal investments and was a senior member of the division’s Executive Committee. Prior to RBS, Mr. Kurz was a Managing Director at Lehman Brothers where he headed the Multi-Markets Proprietary Trading unit.
He received his B.A. from University of Pennsylvania.
Consultant to FinServ and Head of Business Development
Steven Handwerker serves as a Consultant to FinServ Acquisition Corp. and Head of Business Development since Inception. Prior to FinServ, Mr. Handwerker spent more than 10 years investing in and covering the financial services industry and the financial technology industry in particular. Before joining FinServ as a Consultant, Mr. Handwerker was an Analyst on two of Citadel’s Equity Long/Short Hedge Fund platforms, Surveyor Capital and Aptigon Capital, covering companies within financial technology, payments, insurance, and other financial sub-sectors. Prior to Citadel, Mr. Handwerker was an Investment Banking Analyst in Barclay’s Financial Institutions Group.
He received his B.B.A. from Emory University.
Get In Touch
c/o Ellenoff Grossman & Schole LLP
1345 Avenue of the Americas
New York, NY 10105