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JAB Acquisition Corp I signs $14K monthly consulting deal

The $14,000 monthly consulting fee is paid outside the trust account; separate administrative fees resume at the sponsor’s discretion on November 10, 2026.

(Moderate)

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Form Type
8-K

Rhea-AI Filing Summary

JAB Acquisition Corp I entered into a Consulting Services Agreement with its sponsor, JAB Acquisition Sponsor I, LLC, effective retrospectively as of June 1, 2026. The company pays the Sponsor $14,000 per month from funds outside the trust account for services by Chairman Joshua Jagid, who serves as Chief Executive Officer, and Jack Bressman, who serves as Chief Financial Officer; the fee also covers their work on the company’s initial business combination. At the Sponsor’s direction, $8,000 goes to Mr. Jagid and $6,000 to Mr. Bressman. The $70,000 already paid covers June through October 2026.

The consulting fee is separate from the $10,000 monthly fee under the Administrative Services Agreement. The Sponsor waived $50,000 owed for June through October 2026, none of which had been paid; payments under that agreement resume at the Sponsor’s discretion on November 10, 2026. The consulting agreement ends upon completion of the initial business combination or liquidation, with specified earlier termination rights. The Sponsor waived claims against the trust account, and the audit committee and board approved the consulting agreement as a related-party transaction.

Item 1.01 Entry into a Material Definitive Agreement Business
The company signed a significant contract such as a merger agreement, credit facility, or major partnership.
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers Governance
Key personnel changes including departures, elections, or appointments of directors and executive officers.
Item 9.01 Financial Statements and Exhibits Exhibits
Financial statements, pro forma financial information, or exhibit attachments filed with this report.
Monthly consulting fee $14,000 per month Paid from funds outside the trust account
Amount directed to Joshua Jagid $8,000 Monthly allocation at the Sponsor’s direction
Amount directed to Jack Bressman $6,000 Monthly allocation at the Sponsor’s direction
Consulting fees already paid $70,000 Covers June through October 2026
Monthly administrative services fee $10,000 per month Separate from the consulting fee
Administrative fees waived $50,000 For June through October 2026; none had been paid
initial business combination financial
"complete the Company’s initial business combination"
An initial business combination is the deal in which a special-purpose acquisition company (SPAC) merges with or acquires an operating business to bring that business onto public markets. Think of the SPAC as an empty shell that raises money from investors, then uses that cash to buy a private company—this transaction turns the private company into a public one and often changes its ownership, valuation, and access to capital, so investors should watch for shifts in risk, future growth prospects, and shareholder rights.
trust account financial
"Sponsor waived any claim against the trust account"
A trust account is a special bank or brokerage account where assets are held and managed by a designated person or firm (the trustee) for the benefit of another person or group (the beneficiary). It matters to investors because it separates assets from personal or corporate funds, can protect assets, control how and when money is used, and may affect tax or legal rights—think of it as a locked drawer opened only under agreed rules.
Administrative Services Agreement financial
"the $10,000 monthly fee for office space and administrative support"
uncured material breach financial
"terminate it earlier for an uncured material breach"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How much does ATLQ pay under its consulting agreement?

JAB Acquisition Corp I pays its sponsor $14,000 per month from funds outside the trust account. At the Sponsor’s direction, $8,000 goes to Joshua Jagid and $6,000 to Jack Bressman.

When does ATLQ's consulting agreement end?

The agreement ends when JAB Acquisition Corp I completes its initial business combination or liquidates. Either party may terminate it earlier for an uncured material breach, and the company may terminate it if both Joshua Jagid and Jack Bressman stop serving as officers.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

 

Date of Report (Date of earliest event reported): October 27, 2026

 

JAB ACQUISITION CORP I

(Exact name of registrant as specified in its charter)

 

Cayman Islands   001-43341   41-2462795

(State or other jurisdiction of
incorporation)

  (Commission File Number)  

(I.R.S. Employer

Identification No.)

 

270 Sylvan Avenue, Suite 2230, Englewood Cliffs, New Jersey

  07632
(Address of principal executive offices)   (Zip Code)

 

Registrant’s telephone number, including area code: (201) 899-4470

 

N/A

(Former name or former address, if changed since last report)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

☐

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

   
☐

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

   
☐

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

   
☐

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class   Trading Symbol(s)   Name of each exchange on which registered
Units, each consisting of one Class A ordinary share, one redeemable warrant and one right   ATLQU   The Nasdaq Stock Market LLC
Class A ordinary shares, par value $0.0001 per share   ATLQ   The Nasdaq Stock Market LLC
Redeemable warrants, each whole warrant exercisable for one Class A ordinary share at an exercise price of $11.50 per share   ATLQW   The Nasdaq Stock Market LLC
Rights, each right entitling the holder to receive one-fourth (1/4) of one Class A ordinary share   ATLQR   The Nasdaq Stock Market LLC

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

 

Emerging growth company ☒

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

 

 

 

 

 

 

Item 1.01 Entry into a Material Definitive Agreement.

 

On October 27, 2026, JAB Acquisition Corp I (the “Company”) entered into a Consulting Services Agreement (the “Consulting Agreement”) with JAB Acquisition Sponsor I, LLC, the Company’s sponsor (the “Sponsor”), with retrospective effect as of June 1, 2026.

 

The Company pays the Sponsor $14,000 a month for Joshua Jagid, the Company’s Chairman, to serve as its Chief Executive Officer, for Jack Bressman to serve as its Chief Financial Officer, and for both to identify, evaluate, negotiate, finance and complete the Company’s initial business combination. They receive no other cash compensation as officers under the Consulting Agreement, but may receive consideration, directly or indirectly under the Administrative Services Agreement dated June 9, 2026 between the Company and the Sponsor (the “Administrative Services Agreement”) as described below.

 

The Consulting Agreement fee is paid from funds held outside the trust account for each month from June 2026 through the month in which the Company completes its initial business combination. At the Sponsor’s direction, $8,000 goes to Mr. Jagid and $6,000 to Mr. Bressman. The $70,000 already paid to them covers June through October 2026. The Company also reimburses the Sponsor or Messrs. Jagid and Bressman for documented out-of-pocket expenses incurred on its behalf.

 

The Consulting Agreement fee is separate from the $10,000 monthly fee for office space and administrative support under the Administrative Services Agreement. The Sponsor waived the $50,000 owed under that agreement for June through October 2026, none of which had been paid. Payments under that agreement resume, at the Sponsor’s discretion, on November 10, 2026.

 

The Consulting Agreement ends when the Company completes its initial business combination or liquidates. Either party may terminate it earlier for an uncured material breach, and the Company may terminate it if both Messrs. Jagid and Bressman stop serving as officers. The Sponsor waived any claim against the trust account under the agreement.

 

The Company’s audit committee approved the Consulting Agreement, including the prior payments and the waiver, as a related-party transaction, and the board of directors approved it on the audit committee’s recommendation.

 

This summary is qualified in its entirety by the Consulting Agreement, which is filed as Exhibit 10.1 and incorporated by reference.

 

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

 

The information set forth under Item 1.01 of this Current Report on Form 8-K is incorporated by reference into this Item 5.02(e).

 

Item 9.01 Financial Statements and Exhibits.

 

(d) Exhibits.

 

Exhibit No.

  Description
10.1†   Consulting Services Agreement, dated as of October 27, 2026, by and between JAB Acquisition Corp I and JAB Acquisition Sponsor I, LLC*
104   Cover Page Interactive Data File (embedded within the Inline XBRL document)

 

†Management contract or compensatory plan or arrangement.

 

*Portions of this exhibit (Schedule B) have been omitted pursuant to Item 601(b)(10)(iv) of Regulation S-K because the omitted information is not material and is the type of information that the Company customarily and actually treats as private or confidential. The Company agrees to furnish supplementally an unredacted copy of this exhibit to the Securities and Exchange Commission upon request.

 

1

 

  

SIGNATURE

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

Date: October 28, 2026

JAB ACQUISITION CORP I

     
  By:

/s/ Joshua Jagid

  Name:  Joshua Jagid
  Title: Chairman and Chief Executive Officer

 

2

 

Filing Exhibits & Attachments

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