Jones Ventures INTL Acquisition1 Corp’s Quiet Period Will Expire Tomorrow (NASDAQ:JONEU)

Jones Ventures INTL Acquisition1’s (NASDAQ:JONEU) quiet period is set to end on Monday, August 24th. Jones Ventures INTL Acquisition1 had issued 20,000,000 shares in its IPO on July 14th. The total size of the offering was $200,000,000 based on an initial share price of $10.00. During the company’s quiet period, insiders and underwriters involved in the IPO are prevented from issuing any earnings forecasts or research reports for the company because of SEC regulations. 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.

Analysts Set New Price Targets

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

Jones Ventures INTL Acquisition1 Price Performance

Shares of Jones Ventures INTL Acquisition1 stock opened at $9.92 on Friday. Jones Ventures INTL Acquisition1 has a 12-month low of $9.91 and a 12-month high of $10.00.

About Jones Ventures INTL Acquisition1

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.