JATT · JATT II Acquisition Corp.

JATT II Acquisition Corp, a blank check company, completed its initial public offering of 6,000,000 ordinary shares at $10.00 per share on April 20, 2026, generating $60 million in gross proceeds. Simultaneously, the company completed a private placement of 300,000 ordinary shares to its sponsor, JATT Ventures II L.P., at $10.00 per share, raising an additional $3 million. The net proceeds of $60 million were deposited into a trust account for the benefit of public shareholders. The underwriters have a 45-day over-allotment option to purchase up to 900,000 additional shares. The company has 24 months from the closing to complete an initial business combination. Transaction costs totaled $2,881,539, including $600,000 in cash underwriting fees, $1,800,000 in deferred underwriting fees, and $481,539 in other offering costs. The audited balance sheet as of April 20, 2026, shows total assets of $62.4 million, total liabilities of $2.45 million, and shareholders' deficit of $46,323, reflecting the early-stage nature of the company.