JATT II Acquisition (JATT) sponsor adds 300,000 private placement shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
JATT Ventures II L.P., the sponsor of JATT II Acquisition Corp., reported an open-market style private transaction to acquire 300,000 Ordinary Shares at a stated price of $0.0000 per share. These are private placement shares purchased under a Private Placement Shares Purchase Agreement dated April 16, 2026.
Following this transaction, JATT Ventures II L.P. holds 2,025,000 Ordinary Shares, including up to 225,000 Ordinary Shares that are subject to potential forfeiture depending on the underwriter’s over-allotment option from the company’s initial public offering.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Net Buy
1 txn
Insider
JATT Ventures II L.P.
Role
null
Bought
300,000 shs ($0.00)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Ordinary Shares | 300,000 | $0.00 | -- |
Holdings After Transaction:
Ordinary Shares — 2,025,000 shares (Direct, null)
Footnotes (1)
- Reflects the 300,000 private placement shares purchased by JATT Ventures II L.P., the Issuer's sponsor, pursuant to the Private Placement Shares Purchase Agreement dated April 16, 2026 entered into with the Issuer. Including up to 225,000 Ordinary Shares subject to forfeiture depending on the extent to which the Issuer's underwriter' over-allotment option was exercised during the Issuer's initial public offering. 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
Shares purchased: 300,000 shares
Purchase price per share: $0.0000 per share
Total shares after transaction: 2,025,000 shares
+1 more
4 metrics
Shares purchased
300,000 shares
Private placement Ordinary Shares acquired on April 20, 2026
Purchase price per share
$0.0000 per share
Stated transaction price for 300,000 Ordinary Shares
Total shares after transaction
2,025,000 shares
Ordinary Shares held by JATT Ventures II L.P. following acquisition
Shares subject to forfeiture
225,000 shares
Ordinary Shares potentially forfeitable based on IPO over-allotment
Key Terms
Private Placement Shares Purchase Agreement, over-allotment option, beneficial ownership, pecuniary interest
4 terms
over-allotment option financial
"subject to forfeiture depending on the extent to which the Issuer's underwriter' over-allotment option was exercised"
An over-allotment option is a special agreement that allows underwriters to sell more shares than initially planned if demand is high. Think of it like a retailer offering extra units of a popular product to meet additional customer interest. This option helps ensure the full sale is completed and can also give investors extra shares if they want more.
beneficial ownership financial
"Dr. Someit Sidhu disclaims any beneficial ownership of the securities held by JATT Ventures II L.P."
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.
pecuniary interest financial
"other than to the extent of any pecuniary interest he may have therein, directly or indirectly"
FAQ
What insider transaction did JATT Ventures II L.P. report for JATT?
JATT Ventures II L.P., sponsor of JATT II Acquisition Corp. (JATT), reported acquiring 300,000 Ordinary Shares. The purchase involved private placement shares under a Private Placement Shares Purchase Agreement dated April 16, 2026, at a stated price of $0.0000 per share.
Does this JATT Form 4 involve derivative securities or options?
This JATT Form 4 reports only a non-derivative transaction in Ordinary Shares. The filing’s derivative summary is empty, indicating no reported option, warrant, or other derivative exercises or conversions in connection with the 300,000 private placement shares acquisition by JATT Ventures II L.P.