WinVest Acquisition Corp. (WINV): debt financing — WinVest Acquisition draws $30K from sponsor note, extends deadline to April 17, 2025

WinVest Acquisition Corp.

Fourth drawdown of $30,000 under unsecured promissory note from Sponsor WinVest SPAC LLC.
Proceeds deposited into trust account to extend Termination Date from March 17 to April 17, 2025.
Promissory Note principal totals $180,000; non-interest bearing, due at business combination or liquidation.
Repayment contingent on funds remaining outside trust if no business combination occurs.

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

WinVest Acquisition Corp. incurred loan of $180,000 with WinVest SPAC LLC at does not bear interest maturing upon the earlier of (a) the closing of a Business Combination and (b) the Company's liquidation.

Instrument: loan
Principal: $180,000
Counterparty: WinVest SPAC LLC
Rate: does not bear interest
Maturity: upon the earlier of (a) the closing of a Business Combination and (b) the Company's liquidation
Event: incurrence

Exact text from the filing

or a Registrant. As previously disclosed, on December 16, 2024, WinVest Acquisition Corp. (the “Company”) issued an unsecured promissory note in the principal amount of $180,000 (the “Promissory Note”) to WinVest SPAC LLC, a Delaware limited liability company (the “Sponsor”), pursuant to which the Sponsor agreed to loan to the Company up to $180,000 in

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Source: SEC EDGAR

accession 0001493152-25-010355

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