WinVest Acquisition Corp. announced the extension of its Termination Date for an initial business combination.
Stockholders voted to extend the date from September 17, 2025, to October 17, 2025, with the possibility of further extensions.
The Company issued a promissory note of $180,000 and an aggregate of $30,000 was deposited into the Trust Account.
Termination Date Extended
The Company voted to extend the Termination Date by a month at a time, potentially up to March 17, 2026.
Trust Account Contribution
$30,000 per monthly extension was deposited into the Trust Account to provide more time for a business combination.
Sponsor's Request
The Sponsor requested the extension, showing confidence in the Company's future prospects.
- The extension allows WinVest Acquisition Corp. more time to secure and finalize a suitable business combination.
- Stockholders and the Sponsor are supportive of the Company's mission and potential opportunities.
The decision to extend the Termination Date and Trust Account contribution reflects the Company's commitment to achieving a successful business combination.