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.
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: 0001493152-26-002506), on January 16, 2026, and is solely responsible for the information contained therein.