WinVest Acquisition Corp. Announces Extension of Termination Date and Additional Contribution to Trust Account to Extend Termination Date
July 12 2024 - 3:05PM
WinVest Acquisition Corp. (NASDAQ: 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 July 17, 2024 to August 17, 2024 (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, $30,000
(representing approximately $0.061 per unredeemed share of common
stock issued in the Company’s initial public offering) will be
deposited into the trust account established in connection with the
Company’s initial public offering pursuant to the Company’s second
drawdown upon an unsecured non-interest-bearing promissory note in
the aggregate principal amount of $180,000 issued by the Company to
WinVest SPAC LLC (the “Sponsor”) on June 12, 2024.
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
WinVest Acquisition (NASDAQ:WINV)
Historical Stock Chart
From Oct 2024 to Nov 2024
WinVest Acquisition (NASDAQ:WINV)
Historical Stock Chart
From Nov 2023 to Nov 2024