Appleby is pleased to announce that it acted as Cayman Islands legal counsel to JATT III Acquisition Corp in connection to its initial public offering of 6,900,000 units at an offering price of $10.00 per unit, including full 900,000-share overallotment. The gross proceeds from the offering were US$69 million. The units are listed and trading on the Nasdaq Capital Market under the ticker symbol “JTTT.”
The Appleby Capital Markets team was led by Cayman Islands Partner Alexandra Low, Hong Kong Senior Associate Alejandra Gonzalez Saucedo, Legal Manager Kelly Tang, Cayman Islands Articled Clerk Emily McIntyre Paralegal Sophia Cunningham, alongside other members of the corporate team.
Appleby continues to play a key role in major IPO and public-market matters worldwide.