JATT JATT II Acquisition Corp
Price Chart
Executive Summary
JATT II Acquisition Corp completed its IPO of 6 million shares at $10.00 per share, raising $60 million in gross proceeds. The SPAC, focused on healthcare and biotech targets, will begin trading on Nasdaq under 'JATT'. An additional 900,000 shares may be issued via a 45-day over-allotment option.
Key Financial Metrics
Actionable Insight
Monitor for future announcements on potential acquisition targets, particularly in biotech or computational biology. The over-allotment option could increase float by 15% — watch for underwriter activity in the next 45 days.
Key Facts
- IPO closed on April 20, 2026, with 6,000,000 shares issued at $10.00 per share
- Total gross proceeds: $60,000,000 (before underwriting discounts and expenses)
- Shares began trading on Nasdaq under ticker 'JATT' on April 17, 2026
- Underwriters granted 45-day option to purchase up to 900,000 additional shares
- SPAC targets healthcare and life sciences, particularly data-driven biotech companies
- Sponsored by JATT Ventures II L.P., led by Dr. Someit Sidhu (CEO) and Nicholas Fernandez (CFO)
Financial Impact
$60 million gross proceeds raised; potential for additional $9 million if over-allotment exercised
Risk Factors
- No identified target yet; risk of failure to complete a business combination within required timeframe
- Proceeds may not be used as intended; future dilution possible in a de-SPAC transaction
Market Snapshot
Documents Analyzed
This report is based on 1 press release from GlobeNewswire.
| Document | Accession Number |
|---|---|
| PRESS-RELEASE Data (Synthetic) | press-3277497 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
|
Apr 24, 2026
6w ago
|
8-K
| $10.94 $10.90 | ▼ −0.37% | ▼ −5.32% | $10.48 (−4.20%) |
|
Apr 20, 2026
7w ago
|
Press Release
| $10.20 $10.95 | ▲ +7.35% | ▲ +2.44% | $10.48 (+2.75%) |
|
Apr 16, 2026
7w ago
|
Press Release
| $10.50 $10.55 | ▲ +0.48% | ▼ −4.89% | $10.48 (−0.19%) |
US Market Status
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