Welcome to our dedicated page for KPET Ultra Paceline Corporation SEC filings (Ticker: KPET), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
KPET Ultra Paceline Corporation filings document the company's SPAC structure, public securities and material-event disclosures. The 8-K record identifies the issuer as a Cayman Islands emerging growth company and describes units composed of Class A ordinary shares and fractional warrant interests, with whole warrants exercisable for Class A ordinary shares.
The filings also cover offering-related capital-structure events, including the issuance of additional units after an underwriter over-allotment exercise. For this blank-check issuer, regulatory disclosure centers on security terms, governance status, capital structure and other events that define the company before any completed business combination.
KPET Ultra Paceline Corporation announced that holders of its NYSE-listed units can now choose to trade the components separately. Each unit consists of one Class A ordinary share with $0.0001 par value and one-sixth of one warrant, with each whole warrant exercisable at $11.50 per share.
Beginning May 21, 2026, unsplit units continue trading under the symbol KPET.U, while separated Class A shares trade as KPET and whole warrants trade as KPET.WS. No fractional warrants will be issued; only whole warrants will trade. The company is a blank check vehicle formed to pursue a business combination.
KPET ULTRA PACELINE CORPORATION Schedule 13G discloses beneficial ownership positions held by related reporting persons as of March 31, 2026 with the ownership percentages calculated using 28,985,000 ordinary shares outstanding as of May 13, 2026.
The filing shows KPThree Capital LLC beneficially owns 5,865,000 shares (20.20%) and KPET Ultra Paceline LLC (the Sponsor) beneficially owns 5,630,000 shares (19.40%). Individual reporting persons Karl Peterson and Roger Edward (Eduardo) Tamraz are reported with the same beneficial totals through managerial relationships; 235,000 Class A shares are held by Unit Holdings via a private placement and 39,167 Class A shares are associated with warrants that are not presently exercisable.
KPET Ultra Paceline Corporation, a Cayman Islands-based blank check company, reported a net loss of $40,043 for the three months ended March 31, 2026, reflecting start-up and public-company costs before any merger.
As of March 31, it held $1,759,111 in cash, $250,000 in a Trust Account and had a working capital deficit of $866,998. Subsequent to quarter-end, KPET completed its IPO and over-allotment, selling 23,000,000 units at $10.00 each and placing $230,000,000 in the Trust Account while incurring $13,445,810 of transaction costs.
Management disclosed a material weakness in internal control tied to a restatement of a related party promissory note balance but believes current financials are fairly stated and that cash on hand and IPO proceeds will fund operations while it seeks a business combination within 24–27 months.
RP Investment Advisors and affiliated funds filed a joint Schedule 13G reporting shared beneficial ownership of Class A ordinary shares of KPET Ultra Paceline Corp. The cover shows combined shared dispositive and voting positions held across five funds, including 1,250,000 shares (5.4%) by RP Investment Advisors (via funds) and other fund positions of 760,125 shares (3.3%), 281,125 shares (1.2%), 148,125 shares (0.6%), and 60,625 shares (0.3%). The percentages are calculated “based upon 23,000,000 Class A ordinary shares outstanding following the issuer’s IPO,” as cited in the filing.
KPET Ultra Paceline Corporation reports that the underwriter fully exercised its IPO over-allotment option, purchasing an additional 3,000,000 units at $10.00 per unit and generating gross proceeds of $30,000,000.
The IPO previously closed on 20,000,000 units at $10.00 per unit for $200,000,000, and a concurrent private placement added 235,000 units at $10.00 per unit for $2,350,000. In total, $230,000,000 of net proceeds, including $12,650,000 of deferred underwriting discounts and commissions, was placed in a trust account. A pro forma unaudited balance sheet as of April 20, 2026 reflects these transactions, showing 23,000,000 Class A ordinary shares subject to possible redemption at $10.00 per share.