JATT sponsor buys 300K private placement shares
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.
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
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Negative
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Ordinary Shares | 300,000 | $0.00 | $0.00 |
Footnotes (2)
- F1. 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.
- F2. 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
Key Terms
over-allotment option financial
beneficial ownership financial
pecuniary interest financial
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