Welcome to our dedicated page for JATT.U news (Ticker: JATT.U), a resource for investors and traders seeking the latest updates and insights on JATT.U stock.
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JATT Acquisition Corp has successfully closed its IPO of 13,800,000 units at $10.00 each, totaling gross proceeds of $138 million. The units began trading on the NYSE under the symbol 'JATT U' on July 14, 2021, and consist of one Class A ordinary share and one-half of a redeemable warrant. The company, a SPAC, led by CEO Someit Sidhu, aims to pursue business combinations primarily in the life sciences sector. Following the offering, $139.38 million was placed in the trust account for future business endeavors.
