KPET Ultra Paceline Corp 8K
0001213900-26-046698
View on SEC EDGARKPET Ultra Paceline Corporation reported pro forma balance sheet adjustments for the April 20, 2026 full exercise of the IPO over-allotment option, increasing trust assets and updating related equity and liability accounts.
KPET Ultra Paceline Corporation filed a pro forma unaudited balance sheet and related notes reflecting the April 20, 2026 closing of the underwriters’ full over-allotment option in its SPAC IPO, which added 3,000,000 units for $30 million of gross proceeds, increased cash held in the trust account to $230 million, eliminated the over-allotment option liability upon full exercise, recorded additional deferred underwriting fees and related accretion of Class A ordinary shares subject to redemption to $10.00 per share, and confirmed that 750,000 founder Class B shares are no longer subject to forfeiture.
Filing Facts
- CIK
- 2095297
- Ticker
- -
- Form
- 8K
- Source Type
- sec
- Accession
- 0001213900-26-046698
- Alert Tier
- 5