WinVest Acquisition Corp. Draws Additional $30,000 from Sponsor Under Existing $180,000 Promissory Note

Reuters
Jan 17
<a href="https://laohu8.com/S/WINVR">WinVest Acquisition Corp.</a> Draws Additional $30,000 from Sponsor Under Existing $180,000 Promissory Note

WinVest Acquisition Corp. has executed the fifth drawdown of $30,000 under an existing unsecured promissory note agreement with WinVest SPAC LLC, its sponsor. This drawdown is part of a broader $180,000 loan facility arranged in connection with the extension of the deadline to complete an initial business combination. The funds were deposited into the company's trust account to extend the termination date from January 17, 2026, to February 17, 2026. The promissory note, which does not carry interest, matures upon either the completion of a business combination or the company's liquidation. Repayment of the loan is limited to funds remaining outside the trust account if no business combination is completed.

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