JONE Director Nathan Hubbard Receives 30,000 Class B Shares

What Happened
Nathan Hubbard, a director of Jones Ventures INTL Acquisition1 Corp (JONE), was assigned 30,000 Class B ordinary shares on July 13, 2026. The shares were recorded at $0.00 per share with an aggregate derivative value of $90 in the Form 4. This was an other acquisition/assignment related to his appointment to the issuer’s board (not an open-market purchase).

Key Details

• Transaction date: July 13, 2026; Form 4 filed July 17, 2026. The filing shows no explicit late-filing flag.
• Transaction type/code: Other acquisition (Code J) — assignment of 30,000 Class B ordinary shares.
• Reported price: $0.00 per share; aggregate derivative value listed as $90.
• Shares owned after transaction: Not specified in the filing.
• Footnotes:
  • F1: Class B shares convert one-for-one into Class A ordinary shares upon the issuer’s initial business combination (subject to anti-dilution adjustments) and may be forfeited under certain conditions tied to Mr. Hubbard’s board service.
  • F2: The 30,000 Class B shares were assigned by Jones Ventures INTL Acquisition1 Sponsor, LLC under a securities purchase agreement in connection with Mr. Hubbard’s board appointment.

Context
This assignment appears to be a board-compensation award/assignment rather than a market purchase or sale. Class B shares are derivative/convertible securities that only convert into Class A shares upon the company’s initial business combination, so this grant does not represent immediately tradable Class A shares. As with most compensation-related grants, it reflects a contractual arrangement for board service rather than a direct market sentiment signal.