JAB Acquisition I sets $14,000 monthly compensation for CEO and CFO
ATLQ•JAB Acquisition entered a consulting agreement setting monthly fees of $8,000 for CEO Joshua Jagid and $6,000 for CFO Jack Bressman. The agreement also leaves a separate $10,000 monthly administrative fee in place, with the sponsor waiving $50,000 owed for June through October 2026.
1. Consulting agreement
JAB Acquisition entered a consulting agreement with JAB Acquisition Sponsor I on October 27, 2026, retroactive to June 1. The $14,000 monthly fee allocates $8,000 to Chairman and CEO Joshua Jagid and $6,000 to CFO Jack Bressman; payments totaling $70,000 covered June through October.
2. Administrative services
A separate $10,000 monthly administrative services fee remains in place. The sponsor waived $50,000 owed for June through October, and payments are scheduled to resume November 10, 2026, at the sponsor’s discretion. The consulting agreement ends upon completion of an initial business combination or liquidation.
