Talawar Therapeutics to Go Public via Business Combination with JATT II Acquisition Corp

June 29, 2026

Talawar Therapeutics entered into a definitive business combination agreement with JATT II Acquisition Corp to create a publicly listed biotechnology company focused on developing bispecific antibodies for immunology and inflammatory diseases. The transaction is expected to close in the second half of 2026 and includes an oversubscribed $225 million PIPE alongside $60 million held in JATT II’s trust account (assuming no redemptions).

Buyers
JATT II Acquisition Corp, Access Biotechnology, Bain Capital Life Sciences, Deep Track Capital, RA Capital Management, Janus Henderson Investors, Vianti Capital, Farallon Capital Management, JATT Ventures II L.P.
Targets
Talawar Therapeutics, Talawar Tx Inc
Industry
Biotechnology
Location
New Jersey, United States
Transaction Type
Buyout

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