secwatch.observer — SEC 8-K summary
======================================

Issuer:     KPET Ultra Paceline Corp (KPET)
CIK:        0002095297
Form:       8-K
Filed at:   2026-04-02T23:59:59+00:00
Accession:  0001213900-26-039471
Event type: other_material
Sentiment:  neutral
Materiality: 0.55
Item codes: 1.01, 3.02, 5.02, 5.03, 7.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2095297/000121390026039471/0001213900-26-039471-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2095297/000121390026039471/ea0284529-8k_kpet.htm
  HTML page:      https://secwatch.observer/filing/0001213900-26-039471

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer