Jones Ventures INTL Acquisition1 closes $200 million IPO of 20 million units
Jones Ventures INTL Acquisition1 Corp, a blank-check company with no target selected, closed its initial public offering of 20,000,000 units at $10.00 per unit on July 15, 2026, for gross proceeds of $200 million. The $200 million was placed in a U.S. trust account, and the company has 21 months from the closing to complete a business combination or return the trust funds to public shareholders.
Key points
- Initial public offering of 20,000,000 units at $10.00 per unit, generating $200 million in gross proceeds on July 15, 2026
- Private placement of 645,000 units to the sponsor and underwriter for $6,450,000
- $200 million placed in a trust account at Citibank, N.A., with Equiniti Trust Company, LLC as trustee; underwriters have a 45-day option to buy up to 3,000,000 more units
- Company had cash of $1,614,681 as of July 15, 2026, and must complete a business combination within 21 months
The filing
Written by AI on Nov 9, 2026, 11:48 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on July 22, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.