secwatch.observer — SEC 8-K summary
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Issuer:     Zura Bio Ltd (ZURA)
CIK:        0001855644
Form:       8-K
Filed at:   2023-03-10T23:59:59+00:00
Accession:  0001104659-23-030711
Event type: other_material
Sentiment:  neutral
Materiality: 0.70
Item codes: 1.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

JATT Acquisition amends forward purchase agreement; Athanor commits $45M backstop, gets 2.5M additional shares
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- Amendment No. 2 to Forward Purchase Agreement signed March 8, 2023 with Athanor funds.
- Athanor commits $45M total: $30M for 3M forward shares plus $15M backstop for excess redemptions.
- Athanor can purchase up to 1.5M backstop shares from company at $10/share if redemptions exceed thresholds.
- Athanor receives additional 2.5M Class A shares upon closing of Zura Bio combination.
- Post-combination, Hana holds 5.4M shares; Willow and Stone Peach hold 2.7M each; no lock-up on their shares.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1855644/000110465923030711/0001104659-23-030711-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1855644/000110465923030711/tm239063d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-23-030711

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