JATT II Acquisition (NASDAQ: JATT) director reports 25,000 indirect founder shares
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
JATT II Acquisition Corp. director Arjun Goyal has filed an initial Form 3 reporting an indirect holding of 25,000 Ordinary Shares. These shares are held through his membership interests in the company’s sponsor, JATT Ventures II L.P., reflecting founder share compensation for his director services. The filing does not report any new share purchases or sales, only the existing indirect position.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
GOYAL ARJUN
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Ordinary Shares | -- | -- | -- |
Holdings After Transaction:
Ordinary Shares — 25,000 shares (Indirect, See footnote)
Footnotes (1)
- [object Object]
Key Figures
Indirect Ordinary Shares: 25,000 shares
Form Type: Form 3
Ownership type: Indirect
3 metrics
Indirect Ordinary Shares
25,000 shares
Indirect founder shares held via sponsor as of Form 3
Form Type
Form 3
Initial statement of beneficial ownership by director
Ownership type
Indirect
Held through membership interests in JATT Ventures II L.P.
Key Terms
Form 3, indirect interest, founder shares, sponsor
4 terms
Form 3 regulatory
"has filed an initial Form 3 reporting an indirect holding"
Form 3 is the initial public filing that officers, directors and large shareholders must submit to report their ownership of a company’s securities when they become insiders. It acts like an opening inventory sheet that gives investors a starting point to see who holds significant stakes and to spot later trades or potential conflicts of interest, helping assess insider confidence and transparency.
indirect interest financial
"the Reporting Person receives indirect interest in founder shares"
sponsor financial
"through membership interests in the Company's sponsor, JATT Ventures II L.P."
FAQ
What does the JATT (JATT) Form 3 filing by Arjun Goyal report?
The Form 3 shows that director Arjun Goyal has an indirect interest in 25,000 Ordinary Shares of JATT II Acquisition Corp., held through membership interests in the sponsor JATT Ventures II L.P. This is an initial ownership report, not a trade.
Is the JATT (JATT) Form 3 an insider buy or sell transaction?
The Form 3 does not report a buy or sell. It is an initial statement of beneficial ownership, listing an existing indirect position of 25,000 Ordinary Shares held through sponsor interests, with no transaction codes or trade prices disclosed.
What does indirect ownership mean in the JATT (JATT) Form 3?
Indirect ownership means the reported 25,000 Ordinary Shares are held through another entity, not directly by the individual. Here, Arjun Goyal’s interest comes via membership interests in the sponsor partnership, JATT Ventures II L.P., which holds the founder shares.