• Business Combination Vehicle: A blank check company formed to provide a mechanism for a private operating business to become publicly traded through a merger, acquisition, or similar transaction.

Jones Ventures INTL Acquisition1 (symbol: JONE) is a blank check company, also known as a Special Purpose Acquisition Company (SPAC). Its primary purpose is to raise capital through an initial public offering (IPO) and then use that capital to acquire an existing private company. As a SPAC, it does not engage in traditional business operations involving the sale of products or services to customers.

Therefore, Jones Ventures INTL Acquisition1 does not have major customers in the conventional sense. Its "target" is a private company it intends to acquire for its initial business combination.

Alan F. Hill, Chief Executive Officer & Director

Mr. Hill has served as CEO and Director of Jones Ventures INTL Acquisition1 since June 2021. He has also been the CEO of JonesTrading since 2014, having joined the company as CFO in 2006. Earlier in his career, he was the Vice President of Finance and Corporate Controller at Korn/Ferry International and Vice President of Finance at Jefferies.

Bryan Turley, Chief Financial Officer

Mr. Turley has served as CFO of Jones Ventures INTL Acquisition1 since February 2026. He is also a Managing Director and Co-Head of Investment Banking at JonesTrading, a position he has held since May 2015. He previously served as Principal and Head of the Financial Institutions Group at MLV & Co. Mr. Turley brings over 30 years of international experience in investment banking, capital markets, private equity, and structured products, with earlier experience at Anglo Irish Bank and NCB Stockbrokers.

Harsha V. Agadi, Chairman of the Board

Mr. Agadi has served as Chairman of the Board since April 2026, bringing over 35 years of executive leadership and corporate governance experience. He is currently the President and CEO of Conduent, Chairman of GHS Holdings, and non-executive Chairman of Flotek Industries. His previous roles include CEO of Crawford & Company, Friendly's Ice Cream, Church's Chicken, and Little Caesar's Enterprises.

Shlomo "Moe" Cohen, Director

Mr. Cohen has been a Director of Jones Ventures INTL Acquisition1 since June 2021. He is also a Managing Director and Co-Head of Investment Banking at JonesTrading since 2007 and a member of the JonesTrading board since January 2026. He was instrumental in launching the firm's Equity Capital Markets Group and establishing its Investment Banking Group. Prior to JonesTrading, he was Vice President and Head of Capital Markets Trading at Cantor Fitzgerald from 2001 to 2006.

Dave Horin, Independent Director

Mr. Horin offers over 35 years of financial consulting and executive management experience. He was the Chief Financial Officer of Eagle Football Holdings from April 2023 to June 2025. He also founded and was Managing Partner of Chord Advisors LLC, a boutique accounting advisory firm that was sold to Williams Marston in 2021. Previously, he was the Managing Director of Global Accounting Policy and Financial Reporting at Jefferies Financial Group.

The key risks for Jones Ventures INTL Acquisition1 (JONE) are primarily associated with its nature as a blank check company or Special Purpose Acquisition Company (SPAC).

1. Failure to Complete an Initial Business Combination: As a blank check company, JONE's sole purpose is to effect a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. A significant risk is its potential inability to identify a suitable target business and complete such a combination within the timeframe required by its organizational documents and applicable regulations. If JONE fails to complete an initial business combination, it would be forced to liquidate and return the funds held in its trust account to its public shareholders. This could result in JONE’s public shareholders receiving only their pro rata portion of the trust account (plus any accrued interest), and their warrants would expire worthless.
2. Intense Competition for Acquisition Targets: JONE's efforts to identify a prospective target business will not be limited to a particular industry or geographic region. The company expects to focus on industries such as emerging industries, industrial technology, financial services, digital assets, real estate services, and software. There is significant competition from other SPACs, private equity firms, and other entities for attractive acquisition targets. This intense competition may limit the number of suitable targets available or drive up the price of potential acquisition targets, which could adversely affect JONE's ability to complete a favorable initial business combination or the value of its post-combination company.
3. Dependence on Management's Ability to Identify and Execute a Business Combination: JONE’s success is highly dependent on the ability of its management team to identify, evaluate, and complete an initial business combination. The company has not selected any specific business combination target and has not initiated any substantive discussions regarding an initial business combination. The expertise and judgment of its management, particularly in identifying and negotiating with potential targets within its expected focus areas, are critical. If the management team is unable to effectively execute this core function, JONE may not be able to complete a successful business combination.

For Jones Ventures INTL Acquisition1 (symbol: JONE), a blank check company that recently completed its initial public offering in July 2026, the expected drivers of future revenue growth over the next 2-3 years are intrinsically tied to its ability to successfully complete an initial business combination and the subsequent performance of the acquired operating company. As a blank check company, JONE currently generates no operating revenue. The company aims to merge with businesses possessing specific characteristics that would drive post-combination revenue growth.

The key drivers of future revenue growth are expected to be:

1. Successful Completion of a Business Combination: The foundational driver for JONE to generate any revenue is the successful identification and completion of a merger or acquisition with an operating business. The company is actively seeking targets, with approximately $200 million held in trust for this purpose.
2. Growth in Customer Base and Market Share of the Acquired Business: JONE intends to acquire target companies that demonstrate "positive long term growth prospects" and "competitive advantages". This includes the ability of the acquired entity to expand its customer base and capture greater market share within its industry.
3. Launch and Expansion of New Products or Services by the Acquired Business: The company is focused on target sectors such as "emerging industries, industrial technology, financial services, digital assets, real estate services, and software". Businesses in these areas often drive revenue growth through continuous innovation, product development, and service diversification.
4. Expansion into New Markets or Geographies by the Acquired Business: Future revenue growth will be driven by the acquired company's ability to expand its operations into new domestic or international markets, leveraging its core offerings in additional regions.
5. Realization and Growth of Recurring Revenue Streams: JONE explicitly targets businesses with "recurring revenue or the potential for recurring revenue". The establishment and growth of stable, predictable revenue streams from subscriptions, long-term contracts, or repeat business would be a significant driver of future revenue for the combined entity.

Share Issuance

• Jones Ventures INTL Acquisition1 completed its initial public offering (IPO) on July 15, 2026, generating gross proceeds of $200,000,000 by selling 20,000,000 units at $10.00 per unit.
• Each unit issued in the IPO consists of one Class A ordinary share and one right to receive one-eighth (1/8) of a Class A ordinary share upon the consummation of an initial business combination.
• The company also sold 645,000 Private Placement Units to its sponsor and the underwriter for an aggregate of $6,450,000.

Inbound Investments

• The company raised $200 million through its initial public offering, with units trading on the Nasdaq Global Market under the symbol "JONEU."
• An additional $6,450,000 was generated from the private placement of units to the sponsor and underwriter.
• A total of $200,000,000 from the IPO and a portion of the private placement proceeds were deposited into a U.S. trust account, to be used for a future business combination or redemptions of public shares.