STOCK TITAN

JATT II sponsor, CEO report 23.1% stake

JATT II Acquisition Corp. (JATT) received a Schedule 13D reporting that JATT Ventures II L.P.

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Form Type
SCHEDULE 13D

Rhea-AI Filing Summary

JATT II Acquisition Corp. (JATT) received a Schedule 13D reporting that JATT Ventures II L.P. (the sponsor) and Chief Executive Officer Dr. Someit Sidhu beneficially own 1,800,000 ordinary shares, representing 23.10% of the company’s 7,800,000 ordinary shares outstanding as of February 20, 2026.

The position consists of 300,000 ordinary shares purchased in a private placement at the IPO and 1,500,000 Founder Shares originally acquired for $25,000, with 225,000 founder shares previously forfeited. These private placement shares are subject to a lock-up until 30 days after a business combination, and the sponsor holds registration rights and has agreed to vote its shares in favor of a proposed business combination and not seek redemption.

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Beneficial ownership 1,800,000 ordinary shares Held by JATT Ventures II L.P. and Dr. Someit Sidhu
Ownership percentage 23.10% Of 7,800,000 ordinary shares outstanding as of February 20, 2026
Shares outstanding 7,800,000 ordinary shares Total ordinary shares outstanding as of February 20, 2026
Founder Shares originally issued 1,725,000 shares Issued to sponsor on February 12, 2026 for $25,000
Founder Shares forfeited 225,000 shares Forfeited subject to underwriters' over-allotment option
Founder Shares purchase price $25,000 Paid by sponsor for 1,725,000 Founder Shares on February 12, 2026
Private placement investment $3,000,000 Paid by sponsor for 300,000 private placement shares at IPO on April 20, 2026
Private placement shares 300,000 shares Purchased simultaneously with IPO and subject to post-business combination lock-up
Founder Shares financial
"Dr. Sidhu may be deemed to beneficially own the 300,000 Ordinary Shares and 1,500,000 Founder Shares"
Founder shares are the ownership stakes given to the people who start a company, often with extra voting power or protections compared with ordinary shares. For investors, they matter because founders’ control and incentives influence decisions about strategy, hiring, and whether the company sells or stays independent — like a family that keeps majority voting rights in a household decision. High founder ownership can mean stable leadership but also a risk that outside shareholders have less influence.
Private Placement Shares financial
"Sponsor purchased 300,000 private placement shares for an aggregate purchase price of $3,000,000"
Registration Rights Agreement regulatory
"Pursuant to the Registration Rights Agreement, the initial shareholders, including Sponsor, are entitled"
A registration rights agreement is a contract that gives investors the option to have their ownership stakes officially registered with the government, making it easier to sell their shares later. This agreement matters because it provides investors with a clearer path to cash out their investments if they choose, offering more liquidity and confidence in their ability to sell their holdings when desired.
Insider Letter regulatory
"Pursuant to the Insider Letter, Sponsor agreed, among other things, to vote all ordinary shares"
Business Combination financial
"the Issuer's business plan is to enter into a business combination"
A business combination happens when two or more companies join together to operate as one, like two friends merging their teams into a single group. This is important because it can change how companies grow, compete, and make money, often making them bigger and more powerful in the market.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many JATT shares do JATT Ventures II L.P. and CEO Someit Sidhu own?

They report beneficial ownership of 1,800,000 ordinary shares of JATT II Acquisition Corp., representing 23.10% of the 7,800,000 ordinary shares outstanding as of February 20, 2026.

What types of JATT (JATT) shares are held by the sponsor and CEO?

Their 1,800,000-share position includes 300,000 ordinary shares from a private placement at the IPO and 1,500,000 Founder Shares originally issued to the sponsor on February 12, 2026.

How much did the sponsor pay for its JATT founder and private placement shares?

On February 12, 2026, the sponsor paid $25,000 for 1,725,000 Founder Shares, of which 225,000 were later forfeited. At the April 20, 2026 IPO, it purchased 300,000 private placement shares for an aggregate $3,000,000.

Are the JATT (JATT) private placement shares subject to a lock-up?

Yes. The 300,000 private placement shares purchased by the sponsor are subject to a lock-up and generally cannot be transferred until 30 days after JATT II Acquisition Corp. completes its initial business combination, subject to limited exceptions.

What voting and redemption commitments has the JATT sponsor made?

Under an Insider Letter, the sponsor agreed to vote all its ordinary shares in favor of a proposed business combination and agreed not to seek redemption rights for any shares it holds, subject to the letter’s terms.

What registration rights do the JATT sponsor and others have?

Under a Registration Rights Agreement dated April 16, 2026, initial shareholders, including the sponsor, may make up to three demand registrations (excluding short-form) and have piggy-back registration rights after the business combination, with the issuer bearing registration expenses.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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G50765109

(CUSIP Number)
Someit Sidhu
Chief Executive Officer, 153 Central Avenue C/O 56
Westfield, NJ, 07091
201-688-0364

(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)
04/20/2026

(Date of Event Which Requires Filing of This Statement)


If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box.

The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).




schemaVersion:


SCHEDULE 13D




Comment for Type of Reporting Person:
Includes 300,000 of the Issuer's ordinary shares, $0.0001 par value ("Ordinary Shares") and 1,500,000 of the Issuer's Ordinary Shares initially purchased by JATT Ventures II L.P. (the "Sponsor") in a private placement prior to this offering (the "Founder Shares").


SCHEDULE 13D




Comment for Type of Reporting Person:
Includes 300,000 of the Issuer's Ordinary Shares, $0.0001 par value and 1,500,000 Founder Shares.


SCHEDULE 13D


JATT Ventures II L.P.
Signature:/s/ Someit Sidhu
Name/Title:Someit Sidhu, Director
Date:09/15/2026
Someit Sidhu
Signature:/s/ Someit Sidhu
Name/Title:Someit Sidhu
Date:09/15/2026

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