Spruce Street Capital LP Makes New $1.82 Billion Investment in JATT Acquisition Corp $JATT

Spruce Street Capital LP purchased a new position in shares of JATT Acquisition Corp (NYSE:JATT) in the second quarter, HoldingsChannel reports. The fund purchased 160,000 shares of the company’s stock, valued at approximately $1,817,600,000.

JATT Acquisition Price Performance

Shares of JATT opened at $13.01 on Tuesday. JATT Acquisition Corp has a 1 year low of $9.99 and a 1 year high of $23.76. The company’s 50 day simple moving average is $11.76 and its 200 day simple moving average is $9.38.

About JATT Acquisition

JATT Acquisition Corp does not have significant operations. It intends to effect a merger, capital share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities. The company intends to focus on businesses primarily operating in the life sciences sector. JATT Acquisition Corp was incorporated in 2021 and is based in Grand Cayman, the Cayman Islands.