---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-26-039471"
form_type: "8-K"
ticker: "KPET"
cik: "0002095297"
company_name: "KPET Ultra Paceline Corp"
filed_at: "2026-04-02T23:59:59+00:00"
generated_at: "2026-05-15T07:54:08.919081+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# SPAC KPET Ultra Paceline prices 20M-unit IPO at $10, raises $200M gross

## Summary
- IPO of 20M units at $10 each; units begin trading on NYSE March 31 under KPET.U.
- Gross proceeds $200M deposited into trust; $11M deferred underwriting; 24-month deadline for business combination.
- Private placement of 235,000 units at $10 each to Unit Holder Sponsor, generating $2.35M.
- Appointed three independent directors: Kneeland Youngblood, Kathleen Philips, James McKee; serve on audit and comp committees.
- Deutsche Bank sole bookrunner; 45-day over-allotment option for up to 3M additional units.

## SEC filing metadata
- accession: 0001213900-26-039471
- form_type: 8-K
- ticker: KPET
- cik: 0002095297
- company_name: KPET Ultra Paceline Corp
- filed_at: 2026-04-02T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 3.02, 5.02, 5.03, 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/2095297/000121390026039471/0001213900-26-039471-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/2095297/000121390026039471/ea0284529-8k_kpet.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-26-039471
- JSON: https://secwatch.observer/filing/0001213900-26-039471.json
- Plain text: https://secwatch.observer/filing/0001213900-26-039471.txt

## Key facts
- Equity Issuances
  KPET Ultra Paceline Corp issued 235,000 units of unit to KPET Ultra Paceline Unit Holdings, LLC for $10.00 per Private Placement Unit.
  - Security: unit
  - Shares: 235,000 units
  - Purchaser: KPET Ultra Paceline Unit Holdings, LLC
  - Consideration: $10.00 per Private Placement Unit
  source text: On April 1, 2026, simultaneously with the closing of the IPO and pursuant to the Purchase Agreement, the Company completed the private sale of 235,000 units (the “ Private Placement Units ”) at a purchase price of $10.00 per Private Placement Unit to Unit Holder Sponsor, generating gross proceeds to the Company of $2,350,000.
  evidence_url: https://www.sec.gov/Archives/edgar/data/2095297/000121390026039471/0001213900-26-039471-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.