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

Jones Ventures INTL Acquisition1’s (NASDAQ:JONEU) quiet period will expire on Monday, August 24th. Jones Ventures INTL Acquisition1 had issued 20,000,000 shares in its 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, insiders and any underwriters involved in the IPO are prevented from issuing any research reports for the company because of regulations issued by the Securities and Exchange Commission. Following the end of the company’s quiet period, it’s expected that the brokerages that served as underwriters on the stock will initiate research coverage on the company.

Analyst Upgrades and Downgrades

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

Jones Ventures INTL Acquisition1 Stock Performance

Shares of NASDAQ:JONEU opened at $9.92 on Friday. Jones Ventures INTL Acquisition1 has a one year low of $9.91 and a one 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.