debt
confidence high
sentiment neutral
materiality 0.35
WinVest Acquisition Corp. (WINV): debt financing — WinVest Acquisition draws $55K from sponsor note to extend deadline to Feb 17, 2024
WinVest Acquisition Corp.
- Second drawdown of $55,000 under the $330,000 unsecured promissory note from sponsor WinVest SPAC LLC.
- Extension moves the business-combination deadline from January 17 to February 17, 2024.
- Deposited into trust account; repayable only from non-trust assets if no deal closes.
- Note bears no interest and matures at earlier of business combination or liquidation.