WinVest Acquisition Corp. Announces Extension of Termination Date and Additional Contribution to Trust Account to Extend Termination Date
WinVest Acquisition Corp. (OTC: WINV), a special purpose acquisition company, has secured shareholder approval to extend its business combination deadline. The extension moves the termination date from September 17, 2025, to October 17, 2025, with the option for up to five additional monthly extensions until March 17, 2026.
The company's sponsor, WinVest SPAC LLC, must deposit $30,000 per monthly extension into the trust account. For this purpose, WINV has issued an unsecured promissory note of $180,000 to the sponsor. The first extension deposit of $30,000 (approximately $0.136 per public share) has already been made to extend until October 17, 2025.
WinVest Acquisition Corp. (OTC: WINV), una SPAC, ha ottenuto l'approvazione degli azionisti per prolungare il termine della fusione aziendale. L'estensione sposta la data di terminazione da 17 settembre 2025 a 17 ottobre 2025, con l'opzione per fino a cinque estensioni mensili aggiuntive fino al 17 marzo 2026.
Lo sponsor della società, WinVest SPAC LLC, deve versare $30.000 per ogni estensione mensile nel conto fiduciario. A tale scopo, WINV ha emesso nei confronti dello sponsor una nota promissoria non garantita di $180.000. La prima quota di estensione di $30.000 (circa $0,136 per azione pubblica) è già stata versata per estendere fino al 17 ottobre 2025.
WinVest Acquisition Corp. (OTC: WINV), una SPAC, ha obtenido la aprobación de los accionistas para ampliar el plazo de la combinación de negocios. La extensión traslada la fecha de terminación desde el 17 de septiembre de 2025 al 17 de octubre de 2025, con la opción de hasta cinco extensiones mensuales adicionales hasta el 17 de marzo de 2026.
El patrocinador de la empresa, WinVest SPAC LLC, debe depositar $30,000 por cada extensión mensual en la cuenta de fideicomiso. Con este fin, WINV ha emitido una nota promisoria no garantizada de $180,000 a favor del patrocinador. El primer depósito de extensión de $30,000 (aproximadamente $0.136 por acción en circulación) ya se ha realizado para extender hasta el 17 de octubre de 2025.
WinVest Acquisition Corp. (OTC: WINV)는 SPAC로서 주주들의 승인을 받아 사업결합 시한을 연장했습니다. 연장은 종료일을 2025년 9월 17일에서 2025년 10월 17일로 옮기며, 2026년 3월 17일까지 최대 5회의 추가 월간 연장 옵션을 제공합니다.
회사의 스폰서인 WinVest SPAC LLC는 매월 연장마다 30,000달러를 신탁계좌에 예치해야 합니다. 이를 위해 WINV는 스폰서에게 180,000달러의 무담보 약속어음을 발행했습니다. 첫 번째 연장 예치금 30,000달러(공모주당 약 0.136달러)은 이미 2025년 10월 17일까지 연장하기 위해 납입되었습니다.
WinVest Acquisition Corp. (OTC: WINV), une SPAC, a obtenu l'approbation des actionnaires pour prolonger le délai de la fusion. L'extension porte la date de fin de 17 septembre 2025 à 17 octobre 2025, avec une option pour jusqu'à cinq extensions mensuelles supplémentaires jusqu'au 17 mars 2026.
Le sponsor de l'entreprise, WinVest SPAC LLC, doit verser 30 000 $ par extension mensuelle dans le compte en fiducie. À cet effet, WINV a émis au sponsor une note de promesse non garantie de 180 000 $. Le premier dépôt d'extension de 30 000 $ (environ 0,136 $ par action publique) a déjà été effectué pour étendre jusqu'au 17 octobre 2025.
WinVest Acquisition Corp. (OTC: WINV), eine SPAC, hat die Zustimmung der Aktionäre erhalten, die Frist für die Geschäftsabwicklung zu verlängern. Die Verlängerung verschiebt das Enddatum von 17. September 2025 auf 17. Oktober 2025, mit der Option auf bis zu fünf weitere monatliche Verlängerungen bis zum 17. März 2026.
Der Sponsor des Unternehmens, WinVest SPAC LLC, muss je Verlängerung monatlich 30.000 USD auf das Treuhandkonto einzahlen. Zu diesem Zweck hat WINV dem Sponsor eine ungesicherte Wandelanleihe über 180.000 USD ausgestellt. Die erste Verlängerungseinzahlung von 30.000 USD (ca. 0,136 USD pro ausstehende Aktie) wurde bereits geleistet, um bis zum 17. Oktober 2025 zu verlängern.
WinVest Acquisition Corp. (OTC: WINV)، شركة استحواذ بغرض خاص SPAC، حصلت على موافقة المساهمين لتمديد مهلة دمج الأعمال. التمديد ينقل تاريخ الإنهاء من 17 سبتمبر 2025 إلى 17 أكتوبر 2025، مع خيار حتى خمس تمديدات شهرية إضافية حتى 17 مارس 2026.
يجب على راعي الشركة، WinVest SPAC LLC، إيداع 30,000 دولار أمريكي مقابل كل تمديد شهري في حساب الثقة. ولغرض ذلك، أصدرت WINV لصاحب الرعاية سند وعد غير مضمون بقيمة 180,000 دولار. وقد تم بالفعل إجراء الإيداع الأول للتمديد بمبلغ 30,000 دولار (حوالي 0.136 دولاراً أمريكياً للسهم العلني) لتمديد حتى 17 أكتوبر 2025.
WinVest Acquisition Corp. (OTC: WINV)，一家特殊目的并购公司（SPAC），已获得股东批准延长其业务合并期限。延期将终止日由2025年9月17日延至2025年10月17日，并可在至多五次的月度延期内延至2026年3月17日。
公司的发起人 WinVest SPAC LLC 必须为每次月度延期向托管账户存入30,000美元。为此，WINV 已向发起人发行一份180,000美元的不担保本票。第一笔延期存款30,000美元（约每股公开股0.136美元）已支付，将延期至2025年10月17日。
- Successful shareholder approval for deadline extension provides more time to complete business combination
- Flexibility to extend for up to six months without additional shareholder votes
- Sponsor's commitment demonstrated through $180,000 promissory note
- Additional extension fees of $30,000 per month will be required
- Delay in completing initial business combination suggests potential challenges in finding/closing suitable target
- Extension costs may impact available capital for business combination
Cambridge, MA, Sept. 16, 2025 (GLOBE NEWSWIRE) -- WinVest Acquisition Corp. (OTC: WINV, the “Company”), a special purpose acquisition company, announced today that at a special meeting of its stockholders held on September 16, 2025, the Company’s stockholders voted in favor of a proposal to amend its amended and restated certificate of incorporation, as amended (the “Charter”), to extend the date by which the Company must consummate an initial business combination (the “Termination Date”) from September 17, 2025 to October 17, 2025 (the “Charter Extension Date”), and to allow the Company, without another stockholder vote, to elect to extend the Termination Date on a monthly basis for up to five times by an additional one month (or such shorter period as may be requested) each time after the Charter Extension Date, by resolution of the Company’s board of directors, if requested by WinVest SPAC LLC, the Company’s sponsor (the “Sponsor”), and upon five days’ advance notice prior to the applicable Termination Date, until March 17, 2026, or a total of up to six months after the Current Termination Date, unless the closing of the Company’s Business Combination shall have occurred prior thereto, and subject to the deposit by the Sponsor or one or more of its affiliates, members or third-party designees of
At the special meeting, the Company’s stockholders also voted in favor of a proposal to effect a corresponding amendment to the Investment Management Trust Agreement by and between the Company and Continental Stock Transfer & Trust Co. (the “Trustee”) to extend the date on which the Trustee must liquidate the Trust Account from September 17, 2025 to October 17, 2025, and to allow the Company, without another stockholder vote, to elect to further extend the liquidation date on a monthly basis for up to five times from October 17, 2025 to March 17, 2026.
Following the Special Meeting, the Sponsor notified the Company of its request to extend the Termination Date, and on September 16, 2025, the Sponsor deposited into the Trust Account an aggregate of
About WinVest Acquisition Corp.
WinVest Acquisition Corp. is a blank check company formed for the purpose of effecting a merger, share exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses.
Forward Looking Statements
This press release includes forward-looking statements that involve risks and uncertainties. Forward-looking statements are statements that are not historical facts. Such forward-looking statements, including statements about the successful consummation of the Company’s initial business combination, are subject to risks and uncertainties, which could cause actual results to differ from those contemplated by the forward-looking statements. Forward-looking statements are subject to numerous conditions, many of which are beyond the control of the Company, including those set forth in the Risk Factors section of the Company’s registration statement and prospectus for the Company’s initial public offering and other reports filed with the Securities and Exchange Commission. The Company expressly disclaims any obligations or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in the Company’s expectations with respect thereto or any change in events, conditions or circumstances on which any statement is based, except as required by law.
Contact:
WinVest Acquisition Corp.
Manish Jhunjhunwala
(617) 658-3094
FAQ
When is WinVest Acquisition Corp's (WINV) new termination deadline?
How much does WINV's sponsor need to pay for each monthly extension?
What is the total potential extension period for WINV's business combination deadline?
How much is the total promissory note issued by WINV to its sponsor?
What approvals did WINV receive at its special meeting?
