JATT III sponsor buys 234K shares at $10
JATT III Acquisition Corp (JTTT) disclosed that its sponsor, JATT Ventures III L.P., purchased 234,000 Ordinary Shares at $10.00 per share on August 27, 2026, as private placement shares under a Private Placement Shares Purchase Agreement.
Rhea-AI Filing Summary
JATT III Acquisition Corp (JTTT) disclosed that its sponsor, JATT Ventures III L.P., purchased 234,000 Ordinary Shares at $10.00 per share on August 27, 2026, as private placement shares under a Private Placement Shares Purchase Agreement. Following this transaction, the sponsor holds 1,959,000 Ordinary Shares, over which Dr. Someit Sidhu has voting and investment discretion while disclaiming beneficial ownership except for any pecuniary interest.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Ordinary Shares F1, F2 | 234,000 | $10.00 | $2.34M |
Footnotes (2)
- F1. Reflects the 234,000 private placement shares purchased by JATT Ventures III L.P., the Issuer's sponsor (the "Sponsor") of its initial public offering, pursuant to the Private Placement Shares Purchase Agreement dated August 25, 2026 by and between the Issuer and the Sponsor.
- F2. The Sponsor is the record holder of the securities reported herein. JATT Ventures III Ltd is the sole general partner of the Sponsor, and Dr. Someit Sidhu is a limited partner of the Sponsor. Dr. Someit Sidhu is also the sole member of JATT Ventures III Ltd. Dr. Someit Sidhu has voting and investment discretion with respect to the ordinary shares held of record by the Sponsor. Dr. Someit Sidhu disclaims any beneficial ownership of the securities held by the Sponsor other than to the extent of any pecuniary interest he may have therein, directly or indirectly.
Key Figures
Key Terms
initial public offering financial
pecuniary interest financial
beneficial ownership financial
FAQ
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