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Jones Ventures INTL Acquisition1 Corp (Nasdaq: JONEU) closed its previously announced initial public offering of 20,000,000 units at $10.00 per unit, representing $200 million of units sold. According to Jones Ventures INTL Acquisition1 Corp, the units began trading on July 14, 2026 on the Nasdaq Global Market under the symbol “JONEU”.
Each unit consists of one Class A ordinary share and one right to receive 1/8 of a Class A ordinary share upon completion of an initial business combination. The Class A ordinary shares and rights are expected to trade separately under “JONE” and “JONER”, respectively, once separate trading begins. JonesTrading Institutional Services served as sole book-running manager. The company granted underwriters a 45-day option to purchase up to 3,000,000 additional units at the IPO price to cover any over-allotments.
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, for gross proceeds of $200 million. Each unit consists of one Class A ordinary share and one right to receive one-eighth of a Class A ordinary share upon completion of an initial business combination.
The units are expected to begin trading on the Nasdaq Global Market on July 14, 2026 under the ticker “JONEU”. Once the securities trade separately, the Class A ordinary shares and rights are expected to trade under “JONE” and “JONER”, respectively. JonesTrading Institutional Services is acting as sole book-running manager, and underwriters have a 45-day option to purchase up to 3,000,000 additional units at the IPO price to cover over-allotments.