WESTFIELD, N.J., April  16, 2026  (GLOBE NEWSWIRE) -- JATT II Acquisition Corp (the &#34;Company&#34;), a newly organized special purpose acquisition company formed as a Cayman Islands exempted company, today announced the

JATT

JATT II Acquisition Corp Announces Pricing of $60,000,000 Initial Public Offering

JATT II Acquisition Corp Prices Initial Public Offering at $10 per Share

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  <section data-block="information">
    <h3>Information</h3>
    <p>WESTFIELD, N.J., April  16, 2026  (GLOBE NEWSWIRE) -- JATT II Acquisition Corp (the &amp;#34;Company&amp;#34;), a newly organized special purpose acquisition company formed as a Cayman Islands exempted company, today announced the</p>
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  <section data-block="ai-summary-paragraph">
    <h3>AI Summary</h3>
    <p>JATT II Acquisition Corp has priced its IPO at $10 per share, with trading set to commence on Nasdaq on April 17, 2026. Focused on healthcare, especially biotechnology, the company aims to leverage its management team&#039;s experience for impactful business combinations, likely attracting investor interest and market validation.</p>
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  <section data-block="ai-summary-bullets">
    <h3>Key Points</h3>
    <ul><li>JATT II Acquisition Corp prices IPO of 6 million shares at $10 each.</li><li>Shares expected to start trading on Nasdaq under ticker &#039;JATT&#039; on April 17, 2026.</li><li>Closing of the IPO is projected for April 20, 2026, subject to conditions.</li><li>The company seeks mergers primarily in healthcare and biotechnology sectors.</li><li>Guggenheim Securities acts as the book-running manager for this IPO.</li></ul>
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  <section data-block="companies-mentioned">
    <h3>Companies Mentioned</h3>
    <ul><li><strong>Guggenheim Securities (N/A)</strong>: Managing the IPO can enhance market confidence in JATT.</li></ul>
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  <section data-block="category">
    <h3>Corporate Developments</h3>
    <p>This announcement falls under &#039;Corporate Developments&#039; as it marks JATT&#039;s market debut, significantly altering its public presence and funding capabilities. The focus on biotechnology enhances relevance given current industry dynamics and investor interest in healthcare innovations.</p>
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  <section data-block="market-moving">
    <h3>Market-Moving</h3>
    <ul><li>JATT plans to raise $60 million from the IPO, enhancing liquidity.</li><li>Scheduled trading may drive initial trading volume and price discovery post-IPO.</li><li>Focus on healthcare could attract speculative interest in biotechnology sectors.</li><li>Additional share purchase option allows for flexibility in managing demand.</li></ul>
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  <section data-block="key-facts">
    <h3>Key Facts</h3>
    <ul><li>IPO priced at $10 per share for 6 million shares.</li><li>Trading begins on Nasdaq under ticker &#039;JATT&#039; on April 17, 2026.</li><li>IPO expected to close on April 20, 2026.</li><li>Guggenheim Securities is the sole book-running manager.</li><li>Company has yet to identify specific merger targets.</li></ul>
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  <section data-block="trading-thesis">
    <h3>Trading Thesis</h3>
    <p>Investors should consider accumulating JATT shares post-IPO for potential long-term value appreciation.</p>
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<link type="text/css" rel="stylesheet" href="https://www.globenewswire.com/styles/gnw_nitf.css"></link><p align="justify">WESTFIELD, N.J., April  16, 2026  (GLOBE NEWSWIRE) -- JATT II Acquisition Corp (the "Company"), a newly organized special purpose acquisition company formed as a Cayman Islands exempted company, today announced the pricing of its initial public offering of 6,000,000 ordinary shares at an offering price of $10.00 per ordinary share. The ordinary shares are expected to trade on the Nasdaq Global Market ("NASDAQ") under the ticker symbol "JATT" beginning April 17, 2026. The offering is expected to close on April 20, 2026, subject to customary closing conditions.</p>  <p align="justify">Guggenheim Securities, LLC is acting as sole book-running manager. The Company has granted the underwriters a 45-day option to purchase up to 900,000 additional ordinary shares at the initial public offering price to cover over-allotments, if any.</p>  <p align="justify">A registration statement relating to the securities sold in the initial public offering was declared effective by the U.S. Securities and Exchange Commission (the "SEC") on April 16, 2026 (the "Effective Date"). The public offering is being made only by means of a prospectus. When available, copies of the prospectus relating to the offering may be obtained from Guggenheim Securities, LLC, Attn: Equity Syndicate Department, 330 Madison Avenue, 8th Floor, New York, NY 10017, by telephone at (212) 518-9544, or by email at <a href="mailto:GSEquityProspectusDelivery@guggenheimpartners.com">GSEquityProspectusDelivery@guggenheimpartners.com</a>. <br></br></p>  <p align="justify">This press release shall not constitute an offer to sell or a solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.</p>  <p align="justify"><strong>About JATT II Acquisition Corp </strong></p>  <p align="justify">JATT II Acquisition Corp is a newly incorporated blank check company incorporated as a Cayman Islands exempted company and formed for the purpose of entering into a merger, amalgamation, share exchange, asset acquisition, share purchase, recapitalization, reorganization or similar business combination with one or more businesses. The Company has not selected any specific business combination target and has not, nor has anyone on its behalf, engaged in any substantive discussions, directly or indirectly, with any business combination target with respect to an initial business combination with the Company. While the Company may pursue an initial business combination in any business or industry, the Company intends to focus its search on healthcare and healthcare-related businesses, with a primary emphasis on biotechnology and broader life sciences. In particular, the Company intends to seek businesses that can benefit from the clinical, scientific, operational, strategic and capital markets experience of the management team and board of directors and, in many cases, from access to the public markets as a means of funding continued development, executing strategic transactions and increasing visibility with investors and potential partners. The Company expects to focus particularly, though not exclusively, on businesses applying data-driven approaches, including machine learning, computational biology, structure-based drug design and related technologies, to improve the therapeutic discovery and development process. The Company is sponsored by JATT Ventures II L.P. and is led by Dr. Someit Sidhu, Chief Executive Officer and Chairman of the Board, and Nicholas Fernandez, Chief Financial Officer. The Company's Board of Directors also includes Verender S. Badial, Arjun Goyal, Jonathon Kluft and Christopher Staral, bringing extensive experience across biotechnology investing, company architecture, and public and private capital markets.</p>  <p align="justify"><strong>Forward-Looking Statements</strong></p>  <p align="justify">This press release contains statements that constitute "forward-looking statements," including with respect to the Company's initial public offering ("IPO") including the gross proceeds of the IPO, the anticipated use of the net proceeds from the IPO and the search for an initial business combination. No assurance can be given that the offering discussed above will be completed on the terms described, or that the net proceeds of the offering will be used as indicated or that the Company will ultimately complete a business combination transaction in the sectors it is targeting or at all. Forward-looking statements are subject to numerous conditions, many of which are beyond the control of JATT II Acquisition Corp, including those set forth in the Risk Factors section of JATT II Acquisition Corp's registration statement and preliminary prospectus for the IPO filed with the SEC. Copies are available on the SEC's website, <a href="http://www.sec.gov" title="www.sec.gov">www.sec.gov</a>. JATT II Acquisition Corp undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.</p>  <p><strong>Contacts:</strong></p>  <p>Nicholas Fernandez<br></br>Chief Financial Officer<br></br>153 Central Avenue<br></br>C/O 56<br></br>Westfield, NJ 07091<br></br>201-688-0364</p> <img alt="" class="__GNW8366DE3E__IMG" src="https://www.globenewswire.com/newsroom/ti?nf=OTY5MTc0NyM3NTQwNzY2IzIzMTA4MDM="></img> <br></br><img alt="" src="https://ml.globenewswire.com/media/Y2VkMGMzMmItMDBhMy00M2IxLTg3M2YtYWI2NzhiOTg2ZWJmLTEzMjIzNTMtMjAyNi0wNC0xNi1lbg==/tiny/JATT-II-Acquisition-Corp.png" referrerpolicy="no-referrer-when-downgrade"></img><p><a href="https://www.globenewswire.com/NewsRoom/AttachmentNg/bdc8f213-b6bf-408e-bb10-139f74e91c08"><img src="https://ml.globenewswire.com/media/bdc8f213-b6bf-408e-bb10-139f74e91c08/small/jatt-ii-logo-png.png" border="0" width="150" height="67" alt="Primary Logo"></img></a></p>

JATT II Acquisition Corp has priced its IPO at $10 per share, with trading set to commence on Nasdaq on April 17, 2026. Focused on healthcare, especially biotechnology, the company aims to leverage its management team's experience for impactful business combinations, likely attracting investor interest and market validation.

JATT II Acquisition Corp Announces Pricing of $60,000,000 Initial Public Offering

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Trading Thesis

Market-Moving

Key Facts

Companies Mentioned

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