Corporate ActionJul 13, 2026, 06:32 PM
JONE Prices IPO of 20M Units at $10.00 Each
AI Summary
Jones Ventures INTL Acquisition1 Corp, a blank check company, announced the pricing of its initial public offering of 20,000,000 units at $10.00 per unit. Each unit comprises one Class A ordinary share and one right to receive one-eighth of a Class A ordinary share upon the consummation of an initial business combination. The units are set to begin trading on the Nasdaq Global Market under the ticker symbol "JONEU" on July 14, 2026. JonesTrading Institutional Services LLC is acting as the sole book-running manager, and the company has granted underwriters a 45-day option to purchase up to an additional 3,000,000 units.
Key Highlights
- Priced initial public offering of 20,000,000 units.
- Units priced at $10.00 each.
- Each unit consists of one Class A ordinary share and one-eighth Class A ordinary share right.
- Units will begin trading on Nasdaq under "JONEU" on July 14, 2026.
- Underwriters granted 45-day option to purchase up to 3,000,000 additional units.
- JonesTrading Institutional Services LLC is the sole book-running manager.
- Company led by Harsha Agadi (Chairman), Alan F. Hill (CEO), and Bryan Turley (CFO).
Price Impact
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