---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-005068"
form_type: "8-K"
ticker: "ZURA"
cik: "0001855644"
company_name: "Zura Bio Ltd"
filed_at: "2023-01-19T23:59:59+00:00"
generated_at: "2026-06-20T13:16:56.984567+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# JATT shareholders approve extension but 87.8% of public shares redeemed, trust drops to ~$17.3M

## Summary
- Shareholders approved extension of business combination deadline to April 17, 2023.
- 12,111,022 Class A shares redeemed at $10.257 per share (~$124.2M total), 87.76% of outstanding.
- Trust account reduced to ~$17.3M plus $101,338 sponsor contribution for the extension.
- Sponsor contributed $101,338 in exchange for an unsecured promissory note repayable upon closing.
- Third Amendment to BCA executed January 13, 2023, extending Outside Date to April 17, 2023.

## SEC filing metadata
- accession: 0001104659-23-005068
- form_type: 8-K
- ticker: ZURA
- cik: 0001855644
- company_name: Zura Bio Ltd
- filed_at: 2023-01-19T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 1.01, 5.03, 5.07, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1855644/000110465923005068/0001104659-23-005068-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1855644/000110465923005068/tm233516d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-005068
- JSON: https://secwatch.observer/filing/0001104659-23-005068.json
- Plain text: https://secwatch.observer/filing/0001104659-23-005068.txt

## Key facts
- Material Agreements
  Zura Bio Ltd amended Third Amendment to the BCA with JATT Acquisition Corp, JATT Merger Sub, JATT Merger Sub 2, Zura Bio Holdings Ltd, Zura Bio Limited (effective 2023-01-16).
  - Action: amendment
  - Agreement: merger
  - Counterparty: JATT Acquisition Corp, JATT Merger Sub, JATT Merger Sub 2, Zura Bio Holdings Ltd, Zura Bio Limited
  - Effective: 2023-01-16
  source text: on January 16, 2023, JATT, Merger Sub, Merger Sub 2, Zura and Holdco entered into the third amendment to the Original Business Combination Agreement (the “ Third Amendment to the BCA ”) to extend the Outside Date to April 17, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1855644/000110465923005068/0001104659-23-005068-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.