Jones Ventures CFO awarded 100,000 Class B shares
Jones Ventures INTL Acquisition1 Corp reported that Chief Financial Officer Bryan Patrick Turley acquired 100,000 Class B ordinary shares on July 13, 2026 at $0.003 per share.
Rhea-AI Filing Summary
Jones Ventures INTL Acquisition1 Corp reported that Chief Financial Officer Bryan Patrick Turley acquired 100,000 Class B ordinary shares on July 13, 2026 at $0.003 per share. These shares were assigned to him by the sponsor under a securities purchase agreement tied to his appointment to the Board of Directors.
The Class B ordinary shares automatically convert into an equal number of Class A ordinary shares at the time of the initial business combination, subject to anti-dilution adjustments, have no expiration date, and may be forfeited under certain conditions relating to his Board service. Following the transaction, he directly holds 100,000 Class B ordinary shares.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Class B Ordinary Shares F1, F2 | 100,000 | $0.003 | $300.00 |
Footnotes (2)
- F1. The Class B ordinary shares are automatically convertible into the shares of the Issuer's Class A ordinary shares at the time of the Issuer's initial business combination on a one-for-one basis, subject to adjustment pursuant to certain anti-dilution rights, and have no expiration date. The Class B ordinary shares are subject to forfeiture under certain circumstances relating to Mr. Turley's service on the Issuer's Board of Directors.
- F2. As contemplated by the securities purchase agreement between Jones Ventures INTL Acquisition1 Sponsor, LLC (the "Sponsor") and Mr. Turley, dated July 13, 2026, the Sponsor assigned 100,000 Class B ordinary shares to Mr. Turley in connection with Mr. Turley's appointment to the Issuer's Board of Directors.
Key Figures
Key Terms
anti-dilution rights financial
initial business combination financial
securities purchase agreement regulatory
FAQ
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