Company Description
KPET Ultra Paceline Corporation is a Cayman Islands blank-check company, or SPAC, organized as a public issuer for the purpose of pursuing a business combination. Its public securities include units, Class A ordinary shares and warrants, with each unit described in offering-related disclosure as consisting of one Class A ordinary share and one-sixth of one warrant. Each whole warrant is exercisable for one Class A ordinary share at a stated exercise price.
The company operates as a development-stage acquisition vehicle rather than as a traditional operating business with products, customers or revenue-producing segments. Its corporate activity is centered on public-company capital structure, security terms, shareholder voting matters, governance, and the financial reporting associated with a blank-check issuer. The SPAC structure places emphasis on the terms of the units, ordinary shares and warrants, as well as the mechanics that govern any future business-combination process.
KPET Ultra Paceline Corporation completed its initial public offering in April 2026 and subsequently issued additional units following the underwriter's exercise of the over-allotment option. The company is incorporated in the Cayman Islands, reports as an emerging growth company, and identifies Sioux Falls, South Dakota, as its principal executive office location. Until a business combination changes its operating identity, the issuer's public profile is defined by its SPAC status, capital structure and governance disclosures.
Stock Performance
KPET Ultra Paceline Corporation (KPET) stock last closed at $9.98. Over the past month, the stock has lost 0.7%. At a market capitalization of $289.3M, KPET is classified as a micro-cap stock with approximately 29.0M shares outstanding.
KPET Rankings
Latest News
KPET Ultra Paceline Corporation has 2 recent news articles. Key topics include IPO, offering. View all KPET news →
SEC Filings
KPET Ultra Paceline Corporation has filed 5 recent SEC filings, including 2 Form 10-Q, 2 Form SCHEDULE 13G, 1 Form 8-K. The most recent filing was submitted on August 13, 2026. SEC filings provide transparency into a company's financial condition, material events, and regulatory compliance. View all KPET SEC filings →
Financial Highlights
Upcoming Events
Short Interest History
Short interest in KPET Ultra Paceline Corporation (KPET) currently stands at 329 shares, down 3.8% from the previous reporting period, representing 0.0% of the float. Since May 2026, short interest has decreased by 15.9%. This relatively low short interest suggests limited bearish sentiment.
Days to Cover History
Days to cover for KPET Ultra Paceline Corporation (KPET) currently stands at 1.0 days. This low days-to-cover ratio indicates high liquidity, allowing short sellers to quickly exit positions if needed. The ratio has shown significant volatility over the period, ranging from 1.0 to 1.7 days.
KPET Company Profile & Sector Positioning
KPET Ultra Paceline Corporation (KPET) operates in the Shell Companies industry within the broader Blank Checks sector and is listed on the NYSE. In monthly performance, the stock ranks #2,868 among all tracked companies.