Jones Ventures INTL Acquisition1, a blank check company backed by JonesTrading, filed on Friday with the SEC to raise up to $200 million in an initial public offering.
The company plans to raise $200 million by offering 20 million units at $10. Each unit consists of one share of common stock, and one right to receive one-tenth of one share at the time of the business combination.
Jones Ventures INTL Acquisition1 is led by CEO and Director Alan Hill, the CEO of JonesTrading. He is joined by CFO Bryan Turley, the Managing Director and Co-Head of Investment Banking at JonesTrading, and Chairman Harsha Agadi, the CEO of Conduent, and Chairman of GHS Holdings and Flotek Industries. The SPAC intends to target businesses with positive long term growth prospects, competitive advantages, consolidation opportunities, recurring revenue or the potential for recurring revenue, opportunities for operational improvement, and attractive margins or the potential for attractive margins. Potential areas of interest include emerging industries, industrial technology, financial services, digital assets, real estate services, and software.
The New York, NY-based company was founded in 2021. It plans to list on the Nasdaq under the symbol JONEU. Jones Ventures INTL Acquisition1 filed confidentially on April 13, 2026. JonesTrading is the sole bookrunner on the deal.
