JATT III Acquisition Corp closes $69 million IPO, places proceeds in trust account
JATT III Acquisition Corp, a blank check company, closed its initial public offering on August 27, 2026, selling 6,900,000 ordinary shares at $10.00 per share for gross proceeds of $69,000,000, including the full exercise of the underwriters' over-allotment option. The company also sold 234,000 private placement shares to its sponsor, JATT Ventures III L.P., for $2,340,000, and placed $69,000,000 in a trust account for public shareholders. The company has 24 months to complete a business combination and has not yet selected a target.
Key points
- IPO: 6,900,000 ordinary shares at $10.00 per share, gross proceeds of $69,000,000, closed August 27, 2026
- Private placement: 234,000 shares to JATT Ventures III L.P. for $2,340,000
- Trust account: $69,000,000 ($10.00 per public share) deposited as of August 27, 2026
- Completion window: 24 months from the IPO closing; no business combination target selected
The filing
Written by AI on Nov 9, 2026, 11:48 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on September 02, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.