Jones Ventures INTL Acquisition1 closes $200M IPO on Nasdaq

Jones Ventures INTL Acquisition1 Corp (Nasdaq: JONEU) announced the closing of its initial public offering of 20,000,000 units at $10.00 per unit, raising $200 million in total proceeds.

The company's units began trading on the Nasdaq Global Market on July 14, 2026, under the symbol "JONEU." Each unit consists of one Class A ordinary share and one right to receive one-eighth (1/8) of a Class A ordinary share upon the completion of an initial business combination. Once the securities begin separate trading, the Class A ordinary shares and rights are expected to trade under the ticker symbols "JONE" and "JONER," respectively.

JonesTrading Institutional Services LLC acted as sole book-running manager for the offering. The company has granted underwriters a 45-day option to purchase up to an additional 3,000,000 units at the initial public offering price to cover over-allotments.

The SEC declared the related registration statement effective on July 13, 2026.

Jones Ventures INTL Acquisition1 Corp is a blank check company formed to pursue a merger, asset acquisition, share exchange, or similar business combination. The company is led by Chairman Harsha Agadi, Chief Executive Officer Alan F. Hill, and Chief Financial Officer Bryan Turley.

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