Jones Ventures INTL Acquisition1 Corp’s Quiet Period Will End on August 24th (NASDAQ:JONEU)

Jones Ventures INTL Acquisition1’s (NASDAQ:JONEU) quiet period will end on Monday, August 24th. Jones Ventures INTL Acquisition1 had issued 20,000,000 shares in its initial public offering on July 14th. The total size of the offering was $200,000,000 based on an initial share price of $10.00. During Jones Ventures INTL Acquisition1’s quiet period, underwriters and any insiders involved in the IPO are restricted from issuing any research reports or earnings estimates for the company because of SEC regulations. Following the expiration of the company’s quiet period, the brokerages that served as underwriters will likely initiate research coverage on the company.

Analyst Ratings Changes

Separately, Wall Street Zen upgraded shares of Jones Ventures INTL Acquisition1 to a “hold” rating in a research report on Saturday, July 18th.

Jones Ventures INTL Acquisition1 Price Performance

Shares of JONEU stock opened at $9.92 on Wednesday. Jones Ventures INTL Acquisition1 has a 1-year low of $9.91 and a 1-year high of $10.00.

Jones Ventures INTL Acquisition1 Company Profile

We are a blank check company incorporated on June 15, 2021 as a Cayman Islands exempted company for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses, which we refer to throughout this prospectus as our initial business combination. We have not selected any specific business combination target and we have not, nor has anyone on our behalf, initiated any substantive discussions, directly or indirectly, with any business combination target regarding an initial business combination with our company.