Jones Ventures Intl Acquisition1 net loss widens to $43,605 in Q2 FY26 - JONEU News | RalliesJones Ventures Intl Acquisition1 net loss widens to $43,605 in Q2 FY26
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JONEU• Quarterly and six-month losses widen
- Jones Ventures Intl Acquisition1 posted a net loss of USD 43,605 for the three months ended June 30, 2026, versus break-even a year earlier.
- Six-month net loss widened to USD 87,081, from USD 2,226 in the prior-year period, reflecting formation, general and administrative costs.
- Cash totaled USD 192,683 at June 30, 2026, with a working capital deficit of USD 664,274.
Post-quarter IPO proceeds and trust account
- Subsequent to quarter-end, it raised USD 200 million in a July 15 IPO, added USD 3.96 million from over-allotment units on July 31.
- Placed USD 203.96 million into the trust account, with total transaction costs of USD 4.96 million including USD 4 million cash underwriting fees.
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