The 1/4 jack on a Series bass is by far the most complicated output jack on any musical instrument! The reason it's so complicated is that, in addition to two pickup outputs and a ground, there's a separate switch that turns on the onboard batteries when you insert a plug.
You can see the 1/4 jack wiring in this sheet from Alembic:
http://www.alembic.com/support/PF6_quarter-inch-wiring.pdf In theory, this is an easy mod. You take the wires off of pin 4 and pin 8 of your current jack. You add 20K resistors inline on those two wires, then connect them both up to pin 4.
In practice, this is a little tricky because adding inline resistors isn't trivial. You need to make a solid solder connection between the wire and the resistor lead, and you'll need to insulate this perfectly. Alembic did this with clear teflon insulating tube, or you could use regular heat shrink tubing. But the connection has to be really perfect because your output is depending on this. Getting the two wires on that small target may be a test of your soldering skill as well (the insulators needs to run right up to the jack lug and the conductor has to be properly trimmed). If you're really ambitious, you can cut a little piece of pc board and build the resistors there so you can more easily make a solid connection.
Once you've made the mono conversion, if you decide to break with tradition and go stereo, you can still do that on the 5-pin connector, which is unchanged in this mod.
One other consideration, which you may have seen in the forum before. When Alembic designed the EQ circuit, they optimized for sound with no consideration of battery life, since the external power was an integral part of the design. When I run with internal batteries (I did this mod so I could easily use wireless), I don't think I see even 40 hours of battery life before the output goes farty. The energy sipping circuit in an EMG system is more like 1000 hours life, or change it once a year if you're a weekend warrior. So going the battery route does take a toll on your sound.
Good luck,
David Fung