[144] Robinhood Markets, Inc. SEC Filing

Rhea-AI Filing Summary

WinVest Acquisition Corp. (WINVU) filed an 8-K on 14 July 2025 to disclose a one-month extension of its SPAC deadline. The company now has until 17 August 2025 to consummate an initial business combination, moving the prior deadline of 17 July 2025. The information is furnished under Item 7.01 (Regulation FD) and therefore is not deemed “filed” for liability purposes.

The filing contains no financial statements, earnings data, or target details, and there is no indication of additional capital infusion or amendments to trust arrangements. All existing securities—units (WINVU), common shares (WINV), warrants (WINVW), and rights (WINVR)—remain listed on the OTC Markets.

Operationally, the extension preserves the SPAC’s optionality and avoids immediate liquidation, but it also signals that a definitive deal has not yet been reached within the originally allotted timeframe. Investors should monitor future disclosures, especially any Form 8-K announcing a definitive merger agreement before the new August deadline.

Positive

• Extension avoids immediate liquidation, giving WINVU shareholders continued optionality to participate in a potential business combination.

Negative

• Delay underscores absence of completed deal, increasing uncertainty and the possibility of further extensions or eventual liquidation.

Insights

SPAC Analyst

TL;DR: WINVU gets a 1-month lifeline; neutral near-term, but watch for deal progress before 17 Aug 2025.

Extending the combination deadline is routine in the SPAC market when talks are ongoing. It buys time and preserves the trust, so outright liquidation risk is pushed back. However, the short duration—just one month—suggests negotiations may be close yet still uncertain. No financial contribution or redemption figures are disclosed, limiting insight into shareholder redemption pressure or trust depletion. Overall, the event is low impact unless no deal materializes by the new date.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
COMMON	Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza 8th Floor New York NY 10004	114175	11227969.50	767047021	07/14/2025	NASDAQ

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	12/04/2013	Founders Shares	Issuer			114175	12/04/2013	N/A

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
10b5-1 Sales for VLADIMIR TENEV 85 Willow Road Menlo Park CA 94025	COMMON	07/11/2025	340	34510.00
10b5-1 Sales Plan for THE TENEV 2017 IRR TRUST AGREEMENT U/ADTD 02/28/2017 85 Willow Road Menlo Park CA 94025	COMMON	07/07/2025	125000	11694150.00
10b5-1 Sales for SURFBOARD MANAGEMENT LLC 85 Willow Road Menlo Park CA 94025	COMMON	07/07/2025	200000	18710660.00
10b5-1 Sales for VLADIMIR TENEV 85 Willow Road Menlo Park CA 94025	COMMON	07/01/2025	750000	69954825.00

144: Remarks and Signature

Remarks

Date of Notice

Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)