KPET — what changed in the latest 10-Q
A section-by-section comparison of KPET's newest periodic SEC filing (10-K/10-Q) against the prior same-form filing: paragraphs added and removed per section, with verbatim excerpts. Purely a deterministic text diff — no similarity scores, no directional read, not investment advice.
Comparing 10-Q · 2026-08-13 vs the prior 10-Q · 2026-05-13
| Section | Outcome | Added | Removed | Minor | Unchanged |
|---|---|---|---|---|---|
| MD&A | Text added/removed | +9 | −10 | ~5 | 9 |
| Market risk (Item 3) | No paragraph-level changes | 0 | 0 | 0 | 1 |
| Controls & procedures | Text added/removed | 0 | 0 | ~1 | 4 |
| Risk factors | No material changes reported (points to the 10-K) | — | — | — | — |
Counts are paragraphs; added/removed means text added or removed vs the prior filing — no direction or judgement implied.
Not shown (absent or not faithfully extractable): Legal proceedings, Other information
Representative excerpts
Up to 5 excerpts of about 300 characters per section, quoted verbatim from the two SEC filings.
MD&A
Text added vs the prior filing · source: 10-Q · 2026-08-13
For the three months ended June 30, 2026, we had net income of $1,619,436, which consisted of change in fair value of over-allotment option liability of $57,000 and interest earned on investments held in the Trust Account of $1,957,551, offset by formation, general and administrative costs of $395,1…
For the six months ended June 30, 2026, we had net income of $1,579,393, which consisted of change in fair value of over-allotment option liability of $57,000 and interest earned on investments held in the Trust Account of $1,957,551, offset by formation, general and administrative costs of $435,158…
For the six months ended June 30, 2026, net cash used in operating activities was $379,867. Net income of $1,579,393 was affected by the change in fair value of over-allotment option liability of $57,000, interest earned on investments held in the Trust Account of $1,957,551 and changes in operating…
We have no obligations, assets or liabilities, which would be considered off-balance sheet arrangements as of June 30, 2026. We do not participate in transactions that create relationships with entities or financial partnerships, often referred to as variable interest entities, which would have been…
We do not have any long-term debt, capital lease obligations, operating lease obligations or long-term liabilities, other than as follows:
Text removed vs the prior filing · source: 10-Q · 2026-05-13
For the three months ended March 31, 2026, we had a net loss of $40,043, which consisted of general and administrative expenses.
Until the consummation of our Initial Public Offering, our only source of liquidity was an initial purchase of our Class B ordinary shares, par value $0.0001 per share, by the Sponsor and loans from the Sponsor, which was subsequently transferred and assigned to the Unit Holder Sponsor and repaid by…
For the three months ended March 31, 2026, net cash used in operating activities was $130,425. Net loss of $40,043 was affected by changes in operating assets and liabilities of $90,382. For the three months ended March 31, 2026, net cash used in investing activities was $250,000 which consisted of …
We have no obligations, assets or liabilities, which would be considered off-balance sheet arrangements as of March 31, 2026. We do not participate in transactions that create relationships with entities or financial partnerships, often referred to as variable interest entities, which would have bee…
We do not have any long-term debt, capital lease obligations, operating lease obligations or long-term liabilities, other than as follows:
How to read Risk Factors (Item 1A) in a 10-Q
A 10-Q risk-factor section usually takes one of three forms; this page classifies it as one of:
- Pointer — the filer states there have been no material changes and points back to the annual 10-K risk factors; there is no own risk text to compare this quarter.
- Partial update — the filer carves out specific updated risks ("except as set forth below"); the excerpts show exactly what is new this quarter.
- Restated in full — the quarter carries the complete risk-factor text. When the prior quarter was only a pointer there is no prior full text to diff against, so the page flags the section as restated instead.
This describes the filing structure only — it is never a judgement on whether risk went up or down.
Source: text-level diff of the two SEC EDGAR filings · deterministic (no AI-generated content) · for reference only · not investment advice