Corporate ActionJul 15, 2026, 02:40 PM
JONEU Closes $200M IPO of 20M Units; Trading Began July 14
AI Summary
Jones Ventures INTL Acquisition1 Corp (JONEU) announced the closing of its initial public offering of 20,000,000 units at $10.00 per unit, raising $200 million. The units began trading on the Nasdaq Global Market on July 14, 2026, under the symbol "JONEU". Each unit comprises one Class A ordinary share and one-eighth of a Class A ordinary share right, with separate trading expected for "JONE" and "JONER" respectively. The company also granted underwriters an option to purchase up to an additional 3,000,000 units.
Key Highlights
- Jones Ventures INTL Acquisition1 Corp closed its initial public offering of 20,000,000 units.
- The units were sold at a price of $10.00 per unit, totaling $200,000,000.
- Units began trading on July 14, 2026, on Nasdaq Global Market under the symbol "JONEU".
- Each unit consists of one Class A ordinary share and one-eighth of a Class A ordinary share right.
- The company granted underwriters a 45-day option to purchase up to an additional 3,000,000 units.
- JonesTrading Institutional Services LLC acted as sole book-running manager for the offering.
Price Impact
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