JATT III Acquisition Closes $69 Million Initial Public Offering
MT Newswires Live
Aug 28
JATT III Acquisition (JTTT) said Thursday it closed its initial public offering of 6.9 million ordinary shares at an offering price of $10 each, including 900,000 shares issued pursuant to over-allotment option, for gross proceeds of $69 million.
The ordinary shares began trading on the Nasdaq Global Market under the symbol "JTTT" on Wednesday, the company said.
AI Biotechnology, an affiliate of Access Industries, and Vianti Capital Fund I have indicated non-binding interests to participate in a private placement that may occur alongside the consummation of an initial business combination, the company added.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.