WinVest Acquisition Extends Business Combination Deadline to November 2024

WinVest Acquisition has announced a strategic move to extend its timeline for completing an initial business combination. The company's Board of Directors has approved a one-month extension, moving the deadline from October 17, 2024, to November 17, 2024. This decision aligns with the provisions of the company's Amended and Restated Certificate of Incorporation. The extension aims to provide WinVest with additional time to finalize a suitable business combination, enhancing its growth prospects and strategic objectives.

To facilitate this extension, WinVest will deposit $30,000 into its trust account. This deposit is part of the company's fifth drawdown from an unsecured, non-interest-bearing promissory note with a total principal amount of $180,000. This note was originally issued to WinVest SPAC LLC on June 12, 2024, in connection with the company's initial public offering. The strategic extension and associated financial arrangements underscore WinVest's commitment to securing a successful business combination that aligns with its long-term goals.