SPAC PHP Ventures stockholders approve extension to Dec 31, 2026; trust amendment executed

PHP Ventures Acquisition Corp.

Extension Amendment extends business combination deadline from Aug 16, 2025 to Dec 31, 2026 via up to 16 monthly extensions.
Trust Agreement amended; sponsor must deposit $0.10/share/month (max $1,000/month) into trust account for each extension.
Votes: 1,685,900 for, 19 against, 0 abstentions, 127 broker non-votes for both Extension and Trust Amendment proposals.
Company has been suspended from Nasdaq trading since April 2024; Form 25 filed June 28, 2024.

Key facts

Extracted from this filing and checked against the source text.

Governance Changes SEC 8-K Item 5.03/5.05/5.06 confidence 0.9

PHP Ventures Acquisition Corp.: Approved an amendment to the Amended and Restated Certificate of Incorporation to extend the business combination deadline from August 16, 2025 to December 31, 2026 (effective 2025-08-16).

Change: charter amendment
Effective: 2025-08-16

Exact text from the filing

The Extension Amendment extends the date by which the Company must consummate a business combination from August 16, 2025 to December 31, 2026, in a series of up to sixteen (16) one-month extensions, with each such extension at the election of the Company’s Board of Directors, provided that (i) The Sponsor, or its affiliates or permitted designees, will deposit into the Trust Account $0.10 per share for each share of Class A common stock issued in connection with the Company’s initial public offering that remains outstanding, subject to a maximum amount of $1,000 per month, and (ii) the procedures relating to any such extension, as set forth in the Company’s Investment Management Trust Agreement, shall have been complied with.

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Source: SEC EDGAR

accession 0001493152-26-003332

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