secwatch.observer — SEC 8-K summary
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Issuer:     WinVest Acquisition Corp. (WINV)
CIK:        0001854463
Form:       8-K
Filed at:   2023-04-18T23:59:59+00:00
Accession:  0001493152-23-012719
Event type: debt
Sentiment:  neutral
Materiality: 0.60
Item codes: 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

WinVest draws $125k from sponsor note to extend business combination deadline to May 17, 2023
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- Fifth drawdown of $125,000 under $750,000 unsecured promissory note from sponsor WinVest SPAC LLC.
- Deposited into trust account to extend Termination Date from April 17, 2023 to May 17, 2023.
- Promissory Note matures upon business combination close or liquidation; sponsor may convert outstanding into private warrants at $0.50 each.
- Repayment of note limited to funds outside trust if no business combination is consummated.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1854463/000149315223012719/0001493152-23-012719-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1854463/000149315223012719/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-23-012719

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer