JATT Ventures II L.P. reports 1.73M JATT shares
JATT II Acquisition Corp. insider JATT Ventures II L.P. filed an initial Form 3 disclosing its ownership in the company’s ordinary shares.
Rhea-AI Filing Summary
JATT II Acquisition Corp. insider JATT Ventures II L.P. filed an initial Form 3 disclosing its ownership in the company’s ordinary shares. The filing reports direct ownership of 1,725,000 Ordinary Shares, establishing JATT Ventures II L.P. as a ten percent owner of the company.
The footnotes explain that JATT Ventures II Ltd is the sole general partner of JATT Ventures II L.P., and Dr. Someit Sidhu is both a limited partner of JATT Ventures II L.P. and the sole member of JATT Ventures II Ltd. Dr. Sidhu has voting and investment discretion over these shares but disclaims beneficial ownership except for any pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
JATT Ventures II L.P.
Role
10% Owner
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Ordinary Shares | -- | -- | -- |
Holdings After Transaction:
Ordinary Shares — 1,725,000 shares (Direct)
Footnotes (1)
- F1. JATT Ventures II L.P. is the record holder of the securities reported herein. JATT Ventures II Ltd is the sole general partner of JATT Ventures II L.P., and Dr. Someit Sidhu is a limited partner of JATT Ventures II L.P.. Dr. Someit Sidhu is also the sole member of JATT Ventures II Ltd. Dr. Someit Sidhu has voting and investment discretion with respect to the ordinary shares held of record by JATT Ventures II L.P. Dr. Someit Sidhu disclaims any beneficial ownership of the securities held by JATT Ventures II L.P. other than to the extent of any pecuniary interest he may have therein, directly or indirectly.
Key Figures
Ordinary Shares owned: 1,725,000 Ordinary Shares
1 metrics
Ordinary Shares owned
1,725,000 Ordinary Shares
Direct ownership disclosed on Form 3
Key Terms
Form 3, beneficial ownership, general partner, limited partner, +1 more
5 terms
Form 3 regulatory
"insider JATT Ventures II L.P. filed an initial Form 3 disclosing its ownership"
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.
beneficial ownership financial
"serves as an initial baseline of its reported beneficial ownership position"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
general partner financial
"JATT Ventures II Ltd is the sole general partner of JATT Ventures II L.P."
A general partner is the person or firm that runs an investment partnership and legally represents it — they make the day-to-day decisions, choose which assets to buy or sell, and are responsible for the partnership’s obligations. Investors care because the general partner’s judgment, risk-taking and fee and profit-sharing arrangements determine both the potential returns and the level of exposure to losses; think of the GP as the ship’s captain whose skill and honesty shape the voyage’s outcome.
limited partner financial
"Dr. Someit Sidhu is a limited partner of JATT Ventures II L.P."
A limited partner is an investor in a pooled investment vehicle—such as a private equity, venture capital, or real estate fund—who provides capital but does not take part in day‑to‑day management and whose financial responsibility is capped at the amount invested. For investors, being a limited partner matters because it defines how much control they have, how much risk they bear, and how returns are distributed; think of a limited partner as a silent co‑owner who shares in profits and losses while leaving operations to the fund managers.
pecuniary interest financial
"disclaims any beneficial ownership of the securities held other than to the extent of any pecuniary interest"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What does JATT Ventures II L.P. report in its Form 3 for JATT?
JATT Ventures II L.P. reports direct ownership of 1,725,000 Ordinary Shares of JATT II Acquisition Corp. on Form 3. This establishes it as a significant, ten percent owner and serves as an initial baseline of its reported beneficial ownership position in the company.
Who controls the JATT Ventures II L.P. holdings in JATT II Acquisition Corp. (JATT)?
The filing states that JATT Ventures II Ltd is the sole general partner of JATT Ventures II L.P., and Dr. Someit Sidhu is the sole member of JATT Ventures II Ltd. Dr. Sidhu has voting and investment discretion over the reported ordinary shares.
What beneficial ownership disclaimer does Dr. Someit Sidhu make in the JATT Form 3?
Dr. Someit Sidhu disclaims any beneficial ownership of securities held by JATT Ventures II L.P. beyond any pecuniary interest he may have, directly or indirectly. This clarifies that his reported relationship is based on economic interest rather than full beneficial ownership.
Why is JATT Ventures II L.P. considered a ten percent owner of JATT (JATT)?
The Form 3 marks JATT Ventures II L.P. as a ten percent owner of JATT II Acquisition Corp. because its reported holding of 1,725,000 Ordinary Shares represents at least ten percent of the company’s outstanding ordinary shares, triggering Section 16 reporting obligations.
AI-generated analysis. How Rhea-AI works. Not financial advice.
