false
--12-31
0002128739
0002128739
2026-06-11
2026-06-11
0002128739
JAB:UnitsEachConsistingOfOneClassOrdinaryShareAndOnehalfOfOneRedeemableWarrantMember
2026-06-11
2026-06-11
0002128739
JAB:ClassOrdinarySharesParValue0.0001PerShareMember
2026-06-11
2026-06-11
0002128739
JAB:WarrantsEachWholeWarrantExercisableForOneClassOrdinaryShareMember
2026-06-11
2026-06-11
0002128739
JAB:RightsToReceiveOnefourthThOfOneClassOrdinaryShareMember
2026-06-11
2026-06-11
iso4217:USD
xbrli:shares
iso4217:USD
xbrli:shares
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
June 11, 2026
Date of Report (Date of earliest event reported)
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 |
| |
|
| ☐ |
Soliciting material pursuant to Rule 14a-12 under the Exchange Act |
| |
|
| ☐ |
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act |
| |
|
| ☐ |
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act |
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 and one-half of one redeemable warrant |
|
JABRU |
|
The Nasdaq Stock Market LLC |
| Class A ordinary shares, par value $0.0001 per share |
|
JAB |
|
The Nasdaq Stock Market LLC |
| Warrants, each whole warrant exercisable for one Class A ordinary share |
|
JABRW |
|
The Nasdaq Stock Market LLC |
| Rights to receive one-fourth (¼th) of one Class A ordinary share |
|
JABRR |
|
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 (17 CFR §230.405) or Rule 12b-2 of the
Securities Exchange Act of 1934 (17 CFR §240.12b-2).
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 June 11, 2026 (the
“Closing”), JAB Acquisition Corp I (the “Company”) consummated its initial public offering
(“IPO”), which consisted of 17,250,000 units, including 2,250,000 units (the “Units”) available pursuant to
the exercise of the underwriters’ over-allotment option. Each Unit consists of one Class A ordinary share, $0.0001 par value
(“Class A Ordinary Share”), one redeemable warrant of the Company (each, a “Warrant”), with each whole
Warrant entitling the holder thereof to purchase one Class A Ordinary Share for $11.50 per share (subject to adjustment), and one
right of the Company (each, a “Right”) to receive one-fourth (¼th) of one Class A Ordinary Share upon the
consummation of an initial business combination. The Units were sold at an offering price of $10.00 per Unit, generating gross
proceeds of $172,500,000. D. Boral Capital LLC, as representative of the underwriters (“DBC”) was granted a 45-day
option to purchase up to an additional 2,250,000 units at the initial public offering price to cover over-allotments, if any. This
option was exercised in full by DBC on the date of the Closing and all of the 2,250,000 units were purchased at Closing.
In connection with the IPO, the Company entered
into the following agreements, forms of which were previously filed as exhibits to the Company’s registration statement on Form
S-1, File No. 333-296035, as amended (the “Registration Statement”), filed with the U.S. Securities and Exchange Commission:
| |
● |
Underwriting Agreement, dated June 9, 2026, by and between the Company and D. Boral Capital LLC, as representative of the underwriters (“DBC”), a copy of which is attached as Exhibit 1.1 hereto; |
| |
|
|
| |
● |
Warrant Agreement, dated as of June 9, 2026, by and between the Company and Continental Stock Transfer & Trust Company, as warrant agent, a copy of which is attached as Exhibit 4.1 hereto and incorporated herein by reference; |
| |
|
|
| |
● |
Rights Agreement, dated as of June 9, 2026, by and between the Company and Continental Stock Transfer & Trust Company, as rights agent, a copy of which is attached as Exhibit 4.2 hereto and incorporated herein by reference; |
| |
|
|
| |
● |
Letter Agreement, dated June 9, 2026, by and among the Company, JAB Acquisition Sponsor I. LLC, a limited liability company formed in Delaware (the “Sponsor”), and the initial shareholders and the officers and directors of the Company, a copy of which is attached as Exhibit 10.1 hereto and incorporated herein by reference; |
| |
|
|
| |
● |
Investment Management Trust Agreement, dated as of June 9, 2026, by and between the Company and Continental Stock Transfer & Trust Company, as trustee, a copy of which is attached as Exhibit 10.2 hereto and incorporated herein by reference; |
| |
|
|
| |
● |
Registration Rights Agreement, dated as of June 9, 2026, by and among the Company and certain security holders of the Company, a copy of which is attached as Exhibit 10.3 to the Registration Statement and incorporated herein by reference; |
| |
|
|
| |
● |
Private Placement Units Purchase Agreement, dated June 9, 2026, by and between the Company and the Sponsor, a copy of which is attached as Exhibit 10.4 hereto and incorporated herein by reference; |
| |
|
|
| |
● |
Indemnity Agreement, dated as of June 9, 2026, by and among the Company and each of the officers and directors of the Company, a copy of which is attached as Exhibit 10.5 hereto and incorporated herein by reference; and |
| |
|
|
| |
● |
Administrative Services Agreement, dated June 9, 2026, by and between the Company and the Sponsor, a copy of which is attached as Exhibit 10.6 hereto and incorporated herein by reference. |
As of June 11, 2026, of the net
proceeds from the total of $170,330,069.74 raised in the IPO and the of the net proceeds from the Private Placement (as defined
below) was deposited in a trust account established for the
benefit of the Company’s public shareholders. An audited balance sheet, reflecting receipt of the proceeds upon consummation
of the IPO and the Private Placement will be filed within four (4) business days of the consummation of the IPO.
Item 3.02. Unregistered Sales of Equity
Securities.
Simultaneously with the closing of the IPO, the
Company consummated a private placement (the “Private Placement”) of an aggregate of 260,000 units (the “Private Units”)
to the Sponsor, at a price of $10.00 per Private Unit, generating total proceeds of $2,600,000. Each Private Unit consists of one Class
A Ordinary Share, one redeemable warrant, with each whole warrant entitling the holder thereof to purchase one Class A Ordinary Share
for $11.50 per share (subject to adjustment), and one right to receive one-fourth (¼th) of one Class A ordinary share
upon the consummation of an initial business combination. In connection with the partial exercise of the over-allotment option, no additional
Private Units were sold and no incremental underwriting expense was incurred.
The Private Units are identical to the Units sold
in the IPO except with respect to certain registration rights and transfer restrictions, as described in the Registration Statement. Additionally,
the Sponsor has agreed not to transfer, assign or sell any of the Private Units or underlying securities (except in limited circumstances,
as described in the Registration Statement) until the completion of the Company’s initial business combination.
The Private Units were issued pursuant to Section 4(a)(2)
of the Securities Act, in a transaction not involving a public offering. No underwriting commissions were paid in connection with the
Private Placement.
Item 5.02. Departure of Directors or Certain
Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On June 11, 2026, in connection with the
IPO, Luisa Ingargiola, Kyle Miller and David Pfeffer were appointed to the board of directors of the Company. Luisa Ingargiola, Kyle
Miller and David Pfeffer are independent directors. Additional information regarding, among other things, each individual’s
background, board committee membership and compensatory arrangements is contained in the Registration Statement and is incorporated
herein by reference.
On June 11, 2026, in connection with their
appointments to the Board, each of the members of the Board entered into the Letter Agreement as well as an Indemnity Agreement with the
Company filed, respectively, as Exhibits 10.1 and 10.5, herewith, respectively.
Other than the foregoing, none of the directors
are party to any arrangement or understanding with any person pursuant to which they were appointed as directors, nor are they party to
any transactions required to be disclosed under Item 404(a) of Regulation S-K involving the Company.
Item 5.03. Amendments to Certificate
of Incorporation or Bylaws; Change in Fiscal Year.
On June 9, 2026, and in connection with the
IPO, the Company adopted its Amended and Restated Memorandum and Articles of Association. The Amended and Restated Memorandum and Articles
of Association is filed herewith as Exhibit 3.1 and is incorporated by reference herein.
Item 8.01. Other Events.
On June 10, 2026, the Company issued a press
release announcing the pricing of the IPO, a copy of which is attached as Exhibit 99.1 to this Current Report on Form 8-K.
On June 11, 2026, the Company issued a press
release announcing the closing of the IPO, a copy of which is attached as Exhibit 99.2 to this Current Report on Form 8-K.
Item 9.01. Financial Statements and Exhibits.
| Exhibit
No. |
|
Description |
| 1.1 |
|
Underwriting Agreement, dated June 9, 2026, by and between the Company and D. Boral Capital, LLC, as representative of the underwriters |
| |
|
|
| 3.1 |
|
Amended and Restated Memorandum and Articles of Association |
| |
|
|
| 4.1 |
|
Warrant Agreement, dated as of June 9, 2026, by and between the Company and Continental Stock Transfer & Trust Company, as warrant agent |
| |
|
|
| 4.2 |
|
Rights Agreement, dated as of June 9, 2026, by and between the Company and Continental Stock Transfer & Trust Company, as warrant agent |
| |
|
|
| 10.1 |
|
Letter
Agreement, dated June 11, 2026, by and among the Company, JAB Acquisition Sponsor I, LLC, the initial shareholders and the officers
and directors of the Company |
| |
|
|
| 10.2 |
|
Investment Management Trust Agreement, dated as of June 9, 2026, by and between the Company and Continental Stock Transfer & Trust Company, as trustee
|
| |
|
|
| 10.3 |
|
Registration Rights Agreement, dated as of June 9, 2026, by and among the Company and certain security holders of the Company |
| |
|
|
| 10.4 |
|
Private Units Subscription Agreement, dated June 9, 2026, by and between the Company and JAB Acquisition Sponsor I, LLC |
| |
|
|
| 10.5 |
|
Indemnity
Agreement, dated as of June 11, 2026, by and between the Company and each of the officers and directors of the
Company |
| |
|
|
| 10.6 |
|
Administrative Services Agreement, dated June 9, 2026, by and between the Company and JAB Acquisition Sponsor I, LLC |
| |
|
|
| 99.1 |
|
Press Release Dated June 9, 2026 |
| |
|
|
| 99.2 |
|
Press Release Dated June 11,
2026 |
| |
|
|
| 104 |
|
The cover page from this
Current Report on Form 8-K, formatted in Inline XBRL |
SIGNATURES
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.
Dated: June 12, 2026
| |
JAB Acquisition Corp I |
| |
|
|
| |
By: |
/s/ Joshua Jagid |
| |
Name: |
Joshua Jagid |
| |
Title: |
Chief Executive Officer |
Exhibit 99.1
JAB Acquisition Corp I Announces Pricing of
$150 Million Initial Public Offering
NEW YORK, June 9, 2026 /PRNewswire/ -- JAB Acquisition Corp I (the
“Company”) today announced the pricing of its initial public offering of 15,000,000 units at an offering price of $10.00 per
unit. Each unit is comprised of one Class A ordinary share, one redeemable warrant to purchase one Class A ordinary share at a price of
$11.50 per share subject to certain adjustments, and one right to receive one-fourth (1/4) of one Class A ordinary share upon consummation
of the Company’s initial business combination.
The units are expected to trade on the Nasdaq Global Market (“Nasdaq”)
under the ticker symbol “JABRU” beginning on June 10, 2026. Once the securities comprising the units begin separate trading,
the Class A ordinary shares, warrants and rights are expected to trade on Nasdaq under the symbols “JAB,” “JABRW,”
and “JABRR,” respectively.
D. Boral Capital LLC is acting as sole book-running manager for the
offering.
The Company has granted the underwriter a 45-day option to purchase
up to 2,250,000 additional units at the initial public offering price to cover over-allotments, if any. The offering is expected to close
on June 11, 2026, subject to customary closing conditions.
A registration statement on Form S-1, as amended (File No. 333-296035)
(the “Registration Statement”) relating to these securities was declared effective by the U.S. Securities and Exchange Commission
(the “SEC”) on June 9, 2026. The offering is being made only by means of a prospectus. When available, copies of the prospectus
may be obtained from: D. Boral Capital LLC, 590 Madison Avenue, 39th Floor, New York, NY 10022, or by emailing dbccapitalmarkets@dboralcapital.com,
or by accessing the SEC’s website at www.sec.gov.
This press release shall not constitute an offer to sell or a solicitation
of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or
sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.
About JAB Acquisition Corp I
JAB Acquisition Corp I is a blank check company incorporated and registered
in the Cayman Islands as an exempted company with limited liability for the purpose of effecting a merger, amalgamation, share exchange,
asset acquisition, share purchase, reorganization or similar business combination with one or more businesses.
Forward-Looking Statements
This press release contains statements that constitute “forward-looking
statements,” including with respect to the initial public offering, the anticipated use of the net proceeds and the search for an
initial business combination. The forward-looking statements are based on our current expectations and beliefs concerning future developments
and their potential effects on us. There can be no assurance that future developments affecting us will be those that we have anticipated.
No assurance can be given that the net proceeds of the offering will be used as indicated or that the Company will consummate an initial
business combination. Forward-looking statements are subject to numerous conditions, many of which are beyond the control of the Company,
including those set forth in the Risk Factors section of the Registration Statement and related prospectus filed in connection with the
initial public offering with the SEC. Copies are available on the SEC’s website, www.sec.gov. The Company undertakes no obligation
to update these statements for revisions or changes after the date of this release, except as required by law.
Contact
JAB Acquisition Corp I
Joshua Jagid
Chairman and Chief Executive Officer
Phone: (332) 203-6124
Email: josh@jabllc.com
Exhibit 99.2
JAB Acquisition Corp I Announces Closing of
$172,500,000 Initial Public Offering and Full Exercise of Underwriters’ Over-Allotment Option
NEW YORK, NY / ACCESS Newswire / June 11, 2026 / JAB Acquisition Corp
I (the “Company”) today announced the closing of its initial public offering of 17,250,000 units at $10.00 per unit, which includes
the exercise in full by the underwriters of their option to purchase an additional 2,250,000 units, with each unit consisting of one Class
A ordinary share, one redeemable warrant to purchase one Class A ordinary share at a price of $11.50 per share subject to certain adjustments,
and one right to receive one-fourth (1/4) of one Class A ordinary share upon consummation of the Company’s initial business combination.
The units began to trade on the Nasdaq Global Market (“Nasdaq”)
under the ticker symbol “JABRU” on June 10, 2026. Once the securities comprising the units begin separate trading, the Class
A ordinary shares, warrants and rights will be traded on Nasdaq under the symbols “JAB,” “JABRW,” and “JABRR,”
respectively.
D. Boral Capital LLC acted as sole book-running manager for the offering.
A registration statement on Form S-1, as amended (File No. 333-296035)
(the “Registration Statement”) relating to these securities was declared effective by the U.S. Securities and Exchange Commission
(the “SEC”) on June 9, 2026. The offering is being made only by means of a prospectus. When available, copies of the prospectus
may be obtained from: D. Boral Capital LLC, 590 Madison Avenue, 39th Floor, New York, NY 10022, or by emailing dbccapitalmarkets@dboralcapital.com,
or by accessing the SEC’s website at www.sec.gov.
This press release shall not constitute an offer to sell or a solicitation
of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or
sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.
About JAB Acquisition Corp I
JAB Acquisition Corp I is a blank check company incorporated and registered
in the Cayman Islands as an exempted company with limited liability for the purpose of effecting a merger, amalgamation, share exchange,
asset acquisition, share purchase, reorganization or similar business combination with one or more businesses.
Forward-Looking Statements
This press release contains statements that constitute “forward-looking
statements,” including with respect to the initial public offering, the anticipated use of the net proceeds and the search for an
initial business combination. The forward-looking statements are based on our current expectations and beliefs concerning future developments
and their potential effects on us. There can be no assurance that future developments affecting us will be those that we have anticipated.
No assurance can be given that the net proceeds of the offering will be used as indicated or that the Company will consummate an initial
business combination. Forward-looking statements are subject to numerous conditions, many of which are beyond the control of the Company,
including those set forth in the Risk Factors section of the Registration Statement and related prospectus filed in connection with the
initial public offering with the SEC. Copies are available on the SEC’s website, www.sec.gov. The Company undertakes no obligation
to update these statements for revisions or changes after the date of this release, except as required by law.
Contact
JAB Acquisition Corp I
Joshua Jagid
Chairman and Chief Executive Officer
Phone: (332) 203-6124
Email: josh@jabllc.com