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Jones Ventures INTL Acquisition1 Corp (JONEU) director receives 100k Class B shares

(Neutral)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Jones Ventures INTL Acquisition1 Corp director Harshavardhan V Agadi was assigned 100,000 Class B ordinary shares on July 13, 2026, in connection with his appointment to the board, at $0.003 per share. These Class B shares automatically convert one-for-one into Class A shares at the initial business combination, are subject to anti-dilution adjustments and potential forfeiture tied to his board service, and have no expiration. It states the transaction was not made under a Rule 10b5-1 trading plan.

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Insider Agadi Harshavardhan V
Role Director
Type Security Shares Price Value
Other Class B Ordinary Shares F1, F2 100,000 $0.003 $300.00
Holdings After Transaction: Class B Ordinary Shares — 100,000 shares (Direct)
Footnotes (2)
  1. 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. Agadi's service on the Issuer's Board of Directors.
  2. F2. As contemplated by the securities purchase agreement between Jones Ventures INTL Acquisition1 Sponsor, LLC (the "Sponsor") and Mr. Agadi, dated July 13, 2026, the Sponsor assigned 100,000 Class B ordinary shares to Mr. Agadi in connection with Mr. Agadi's appointment to the Issuer's Board of Directors.
Class B ordinary shares acquired 100,000 shares Assigned to director Harshavardhan V Agadi on July 13, 2026
Transaction price $0.003 per share Valuation per Class B ordinary share in the reported assignment
Underlying Class A shares 100,000 shares Class B shares automatically convertible one-for-one at initial business combination
Class B ordinary shares financial
"The Class B ordinary shares are automatically convertible into the shares of the Issuer's Class A"
Class B ordinary shares are a type of ownership stake in a company that typically come with different voting rights or privileges compared to other share classes. For investors, they represent a way to hold part of the company’s value and influence its decisions, often with fewer voting rights than Class A shares. Understanding these shares helps investors assess their level of control and potential returns within a company.
anti-dilution rights financial
"on a one-for-one basis, subject to adjustment pursuant to certain anti-dilution rights, and have no"
initial business combination financial
"are automatically convertible into the shares of the Issuer's Class A ordinary shares at the time of the Issuer'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.

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

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FAQ

What insider transaction did Jones Ventures (JONEU) report for Harshavardhan V Agadi?

Jones Ventures reported that director Harshavardhan V Agadi was assigned 100,000 Class B ordinary shares on July 13, 2026, at $0.003 per share. The shares were transferred from the sponsor in connection with his appointment to the board of directors.

How are the Class B ordinary shares held by Jones Ventures (JONEU) director Agadi structured?

Agadi’s 100,000 Class B ordinary shares automatically convert into 100,000 Class A ordinary shares at the time of Jones Ventures’ initial business combination. The conversion is one-for-one, subject to anti-dilution rights, and the shares have no expiration date.

What conditions could cause forfeiture of Agadi’s Class B shares at Jones Ventures (JONEU)?

The Class B ordinary shares assigned to Agadi are subject to forfeiture under certain circumstances related to his service on the Board of Directors. If those service-related conditions are not met, some or all of the assigned shares could be forfeited.

Who transferred the 100,000 Class B shares to Harshavardhan V Agadi at Jones Ventures (JONEU)?

The shares were assigned by Jones Ventures INTL Acquisition1 Sponsor, LLC to Harshavardhan V Agadi under a securities purchase agreement dated July 13, 2026. The assignment occurred in connection with his appointment to the company’s Board of Directors.

Was Agadi’s Jones Ventures (JONEU) share assignment under a Rule 10b5-1 trading plan?

No. The report indicates the transaction was not made pursuant to a Rule 10b5-1 trading plan. It is recorded as an “other acquisition or disposition” transaction, reflecting a restructuring-type assignment rather than an open-market trade.
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Agadi Harshavardhan V

(Last)(First)(Middle)
C/O JONES VENTURES INTL ACQ.1 CORP
325 HUDSON ST, 6TH FLOOR

(Street)
NEW YORK NEW YORK 10013

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Jones Ventures INTL Acquisition1 Corp [ JONE ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
07/13/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Class B Ordinary Shares(1)07/13/2026J(2)100,000 (1) (1)Class A Ordinary Shares100,000$0.003100,000D
Explanation of Responses:
1. 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. Agadi's service on the Issuer's Board of Directors.
2. As contemplated by the securities purchase agreement between Jones Ventures INTL Acquisition1 Sponsor, LLC (the "Sponsor") and Mr. Agadi, dated July 13, 2026, the Sponsor assigned 100,000 Class B ordinary shares to Mr. Agadi in connection with Mr. Agadi's appointment to the Issuer's Board of Directors.
/s/ Harshavardhan V. Agadi, by Burke Cook with Power of Attorney07/17/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)