WinVest Acquisition Corp. Announces Extension of Termination Date and Additional Contribution to Trust Account to Extend Termination Date
WinVest Acquisition Corp. (OTC: WINV) has announced a one-month extension of its deadline to complete an initial business combination, moving from August 17, 2025, to September 17, 2025. To facilitate this extension, the company has deposited $30,000 (approximately $0.116 per unredeemed share) into its trust account.
The funds were obtained through the company's third drawdown on a $90,000 unsecured non-interest-bearing promissory note issued to WinVest SPAC LLC on June 16, 2025. This extension aims to provide additional time for WINV to complete its initial business combination.
WinVest Acquisition Corp. (OTC: WINV) ha prorogato di un mese il termine per completare la propria business combination iniziale, spostandolo dal 17 agosto 2025 al 17 settembre 2025. Per ottenere questa estensione la società ha versato 30.000 $ (circa 0,116 $ per azione non riscattata) sul conto fiduciario.
I fondi derivano dal terzo prelievo su una polizza di credito non garantita, non fruttifera di interessi, da 90.000 $ emessa a favore di WinVest SPAC LLC il 16 giugno 2025. L’estensione intende concedere più tempo a WINV per finalizzare la business combination iniziale.
WinVest Acquisition Corp. (OTC: WINV) ha anunciado una prórroga de un mes para completar su combinación de negocios inicial, trasladando el plazo del 17 de agosto de 2025 al 17 de septiembre de 2025. Para facilitar esta extensión, la compañía depositó 30.000 $ (aproximadamente 0,116 $ por acción no reembolsada) en su cuenta en fideicomiso.
Los fondos provienen del tercer desembolso de una pagaré no garantizado de 90.000 $ sin intereses emitido a WinVest SPAC LLC el 16 de junio de 2025. La prórroga busca dar a WINV más tiempo para completar la combinación de negocios inicial.
WinVest Acquisition Corp. (OTC: WINV)는 초기 합병 완료 기한을 한 달 연장하여 2025년 8월 17일에서 2025년 9월 17일로 변경했다고 발표했습니다. 이 연장을 위해 회사는 신탁 계좌에 30,000달러(주당 미환매 주식 기준 약 0.116달러)를 예치했습니다.
해당 자금은 2025년 6월 16일 WinVest SPAC LLC에 발행된 90,000달러의 무담보 무이자 약속어음에서 세 번째로 인출한 금액입니다. 이번 연장은 WINV가 초기 합병을 완료할 수 있는 추가 시간을 확보하기 위한 것입니다.
WinVest Acquisition Corp. (OTC: WINV) a annoncé une prolongation d'un mois de son délai pour conclure sa combinaison d'affaires initiale, le repoussant du 17 août 2025 au 17 septembre 2025. Pour obtenir cette extension, la société a déposé 30 000 $ (environ 0,116 $ par action non rachetée) sur son compte en fiducie.
Les fonds proviennent du troisième tirage sur un billet à ordre non garanti de 90 000 $ sans intérêt émis à WinVest SPAC LLC le 16 juin 2025. Cette prolongation vise à donner à WINV du temps supplémentaire pour finaliser sa combinaison d'affaires initiale.
WinVest Acquisition Corp. (OTC: WINV) hat die Frist zur Durchführung einer anfänglichen Unternehmenszusammenführung um einen Monat verlängert und verschiebt das Datum vom 17. August 2025 auf den 17. September 2025. Zur Ermöglichung dieser Verlängerung hat das Unternehmen 30.000 $ (etwa 0,116 $ pro nicht eingelöstem Anteil) auf sein Treuhandkonto eingezahlt.
Die Mittel stammen aus der dritten Inanspruchnahme einer am 16. Juni 2025 an WinVest SPAC LLC ausgestellten 90.000 $ unbesicherten, zinslosen Wechsel. Die Verlängerung soll WINV zusätzliche Zeit geben, um die anfängliche Unternehmenszusammenführung abzuschließen.
- Additional time secured to complete business combination
- Trust account funding maintained through sponsor support
- Board approval obtained for extension
- Delay in completing initial business combination
- Additional funding required for extension
- Uncertainty about successful completion within new deadline
Cambridge, MA, Aug. 14, 2025 (GLOBE NEWSWIRE) -- WinVest Acquisition Corp. (OTC: WINV, the “Company”), a special purpose acquisition company, announced today that its Board of Directors (the “Board”) has approved an extension of the period of time available to the Company to consummate an initial business combination by one month from August 17, 2025 to September 17, 2025 (the “Termination Date”), as permitted under the Company’s Amended and Restated Certificate of Incorporation, as amended. The purpose of the extension is to provide additional time for the Company to complete an initial business combination.
In connection with the extension,
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
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