JATT III Acquisition Prices $60 Million IPO at $10 per Share
JATT III Acquisition (NASDAQ: JATT), a Cayman Islands-based special purpose acquisition company, priced its initial public offering at $10 per share. The offering raised $60 million from the sale of 6 million ordinary shares and includes an additional overallotment option for up to 900,000 more shares available to underwriters. The SPAC plans to focus primarily on opportunities in the healthcare sector following its IPO. This move positions JATT III Acquisition as a vehicle targeting potential mergers or acquisitions within this industry segment.
Tickers: $JATT
Topics: healthcare initial public offering SPAC