WinVest Acquisition Draws $30,000 in Second Tranche of Sponsor Loan for SPAC Extension

Reuters

Oct 18

WinVest Acquisition Draws $30,000 in Second Tranche of Sponsor Loan for SPAC Extension

WinVest Acquisition Corp. has drawn down an additional $30,000 under an existing unsecured promissory note with its sponsor, WinVest SPAC LLC, as part of a financing arrangement to extend the deadline for completing a business combination. The promissory note allows for up to $180,000 in total borrowings, with the latest draw facilitating the extension of the company's termination date from October 17, 2025, to November 17, 2025. The note does not bear interest and is repayable upon the closing of a business combination or the company's liquidation, with repayment limited to funds outside of the trust account established during the company's IPO.

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: 0001493152-25-018436), on October 17, 2025, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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The promissory note allows for up to $180,000 in total borrowings, with the latest draw facilitating the extension of the company's termination date from October 17, 2025, to November 17, 2025. The note does not bear interest and is repayable upon the closing of a business combination or the company's liquidation, with repayment limited to funds outside of the trust account established during the company's IPO.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<em>Disclaimer: <span>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: 0001493152-25-018436), on October 17, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"WINV","symbol_name":"Winvest Acquisition Corp","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20251017:nNDL3rpGKy:1","article_id":"2576065018","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2576065018","pubTimestamp":1760728650,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"WinVest Acquisition Corp. has drawn down an additional $30,000 under an existing unsecured promissory note with its sponsor, WinVest SPAC LLC, as part of a financing arrangement to extend the deadline for completing a business combination. 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WinVest Acquisition Corp. published the ori","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"WINV":"Winvest Acquisition Corp"},"translate_title":"WinVest Acquisition为SPAC延期提取第二批30,000美元发起人贷款","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"WINV":0.9},"content_text":"WinVest Acquisition Draws $30,000 in Second Tranche of Sponsor Loan for SPAC Extension\n    \n\nWinVest Acquisition Corp. has drawn down an additional $30,000 under an existing unsecured promissory note with its sponsor, WinVest SPAC LLC, as part of a financing arrangement to extend the deadline for completing a business combination. The promissory note allows for up to $180,000 in total borrowings, with the latest draw facilitating the extension of the company's termination date from October 17, 2025, to November 17, 2025. 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