Jones Ventures director receives 100,000 Class B shares
Cohen Shlomo, a director of Jones Ventures INTL Acquisition1 Corp, reported acquiring 100000.0000 Class B ordinary shares on July 13, 2026 through an assignment from the Sponsor in connection with his board appointment.
Rhea-AI Filing Summary
Cohen Shlomo, a director of Jones Ventures INTL Acquisition1 Corp, reported acquiring 100000.0000 Class B ordinary shares on July 13, 2026 through an assignment from the Sponsor in connection with his board appointment. These Class B shares are automatically convertible into 100000.0000 Class A ordinary shares upon the initial business combination, subject to anti-dilution adjustments and potential forfeiture tied to his board service. Following the transaction, he directly holds 100000.0000 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. Cohen'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. Cohen, dated July 13, 2026, the Sponsor assigned 100,000 Class B ordinary shares to Mr. Cohen in connection with Mr. Cohen's appointment to the Issuer's Board of Directors.
Key Figures
Key Terms
initial business combination financial
anti-dilution rights financial
securities purchase agreement financial
subject to forfeiture financial
FAQ
What transaction did Cohen Shlomo report in his Form 4 for JONEU?
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