WinVest Acquisition Corp. Announces Extension Of Termination Date And Additional Contribution To Trust Account To Extend Termination Date To March 17, 2024
Portfolio Pulse from Benzinga Newsdesk
WinVest Acquisition Corp. (NASDAQ:WINV) has extended its termination date for completing an initial business combination from February 17, 2024, to March 17, 2024. This extension allows more time for the company to finalize a business combination. Additionally, $55,000 has been added to the trust account for this purpose, funded through a drawdown on a promissory note issued to WinVest SPAC LLC, the company's sponsor.
February 15, 2024 | 1:14 pm
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WinVest Acquisition Corp. has extended its deadline to complete an initial business combination and deposited an additional $55,000 into its trust account.
The extension of the termination date and the additional contribution to the trust account are positive signals to investors, indicating the company's commitment to securing a valuable business combination. This could lead to increased investor confidence and potentially a positive impact on WINV's stock price in the short term.
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