Vinson & Elkins represented KPET Ultra Paceline Solution Corporation in connection with its initial public offering of 20,000,000 units at a price of $10.00 per unit. The units are listed on the NYSE and trade under the ticker symbol “KPET.U.” The Company is sponsored by KPET Ultra Paceline LLC, which is controlled by its managing members, Eduardo Tamraz and KPThree Capital LLC, which is controlled by Karl Peterson. The offering closed on April 1, 2026.
The Vinson & Elkins team was led by Partners Stancell Haigwood and Sarah Morgan and Senior Associate Maram Mahajna, with assistance from Associates Lindsay Moore, Matthew Maron, and Ines Lechani. Also advising were Partner Jason McIntosh, Counsel Allyson Seger, Senior Associate Lauren Nieman, Partner David D’Alessandro, Associate Eric Hechler, and Partner Joyce Adetutu.
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