JATT (JATT) director Jonathon Kluft discloses 25,000 indirect founder shares
Rhea-AI Filing Summary
JATT II Acquisition Corp. director Jonathon Kluft filed an initial ownership report on Form 3. The filing shows an indirect holding of 25,000 Ordinary Shares, recorded as of the reported date. These shares reflect founder-related interests received through the company’s sponsor rather than a new market transaction.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Kluft Jonathon
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Ordinary Shares | -- | -- | -- |
Holdings After Transaction:
Ordinary Shares — 25,000 shares (Indirect, See footnote)
Footnotes (1)
- F1. For his services as a director, the Reporting Person receives indirect interest in founder shares through membership interests in the Company's sponsor, JATT Ventures II L.P.
Key Figures
Indirect Ordinary Shares held: 25,000 shares
1 metrics
Indirect Ordinary Shares held
25,000 shares
Total Ordinary Shares indirectly owned following reported holding entry
Key Terms
Ordinary Shares, founder shares, indirect interest, sponsor
4 terms
indirect interest financial
"receives indirect interest in founder shares through membership interests"
sponsor financial
"through membership interests in the Company's sponsor, JATT Ventures II L.P."
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What does Jonathon Kluft’s Form 3 for JATT indicate?
The Form 3 shows that director Jonathon Kluft has an indirect interest in 25,000 Ordinary Shares of JATT II Acquisition Corp., reflecting founder-related sponsor interests, rather than reporting a new open-market purchase or sale.
Is Kluft’s JATT ownership direct or indirect on this Form 3?
The Form 3 characterizes Kluft’s ownership as indirect. The shares are linked to his membership interests in the company’s sponsor, JATT Ventures II L.P., rather than being held directly in his own name as an individual shareholder.