JATT II Acquisition Corp. focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses in healthcare and healthcare-related businesses. The company was incorporated in 2026 and is based in Westfield, New Jersey.
Talawar Therapeutics and JATT II Acquisition Corp. Announce Definitive Business Combination Agreement to Create Publicly Listed Biotechnology Company Developing Potentially Best-in-Class Bispecifics for I&I Diseases
JATT II Acquisition Corp. entered into a definitive business combination agreement with Talawar Therapeutics, a biotech firm developing bispecific antibodies for immunology and inflammatory diseases.
The transaction is expected to provide $285 million in pro forma cash, comprising $60 million from JATT II's trust and a $225 million PIPE priced at $10.00 per share led by Access Biotechnology and Bain Capital Life Sciences.
Talawar's lead asset TALA-125 targets atopic dermatitis and is slated for clinical entry in Q1 2027, with funds expected to support operations through a Phase 2b data readout in H2 2028.