debt
confidence high
sentiment neutral
materiality 0.35
WinVest draws $30k from sponsor note, extends termination date to Feb 17, 2025
WinVest Acquisition Corp.
- Second drawdown of $30,000 under Promissory Note from Sponsor WinVest SPAC LLC.
- Funds deposited into trust account to extend business combination deadline from Jan 17 to Feb 17, 2025.
- Promissory Note principal of $180,000; up to six equal draws of $30,000 each.
- Note is unsecured, non-interest bearing; matures upon business combination or liquidation.
- Repayment only from trust account residual if no business combination is consummated.