WinVest Acquisition Corp. Announces Extension Of Termination Date And Additional Contribution To Trust Account To Extend Termination Date; Extend Business Combination By One Month From Sept. 17 To Oct. 17 And Deposits $65K In Trust Account
Portfolio Pulse from Benzinga Newsdesk
WinVest Acquisition Corp. has announced an extension of its termination date and an additional contribution to its trust account. The business combination deadline has been extended by one month from September 17 to October 17, and an additional $65K has been deposited into the trust account.
September 14, 2023 | 8:30 pm
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WinVest Acquisition Corp. has extended its termination date and business combination deadline by one month, and deposited an additional $65K into its trust account. This could potentially delay any immediate returns for investors.
The extension of the termination date and business combination deadline by WinVest Acquisition Corp. indicates that the company is taking more time to finalize its business combination. The additional deposit into the trust account provides further financial security for the company. However, this could potentially delay any immediate returns for investors, hence the neutral score.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100