WinVest Acquisition draws down $30,000 on sponsor promissory note for extension
WinVest Acquisition Corp Ordinary Shares WINV | 0.00 |
- WinVest Acquisition issued an unsecured promissory note for up to USD 180,000 to sponsor WinVest SPAC on March 16, 2026 to fund extensions of deadline to complete an initial business combination.
- Note carries no interest, matures at earlier of business combination closing or liquidation, with borrowings available in up to six drawdowns of USD 30,000.
- Company drew third USD 30,000 tranche on May 10, 2026, with sponsor depositing funds into trust account to extend termination date to June 17, 2026 from May 17, 2026.
- Repayment in liquidation limited to amounts held outside trust account, if any.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. WinVest Acquisition Corp. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001493152-26-022471), on May 12, 2026, and is solely responsible for the information contained therein.
