debtconfidence high
WinVest draws $30K from sponsor note; SPAC extension to June 17, 2026
WinVest Acquisition Corp.
- Third drawdown of $30,000 under existing $180,000 promissory note from sponsor WinVest SPAC LLC on May 10, 2026.
- Funds deposited into trust account to extend business combination deadline from May 17 to June 17, 2026.
- Note is unsecured, non-interest bearing; principal repayable only from amounts outside trust if no deal closes.
- Proceeds will go to public shareholders upon redemption or liquidation if a business combination is not consummated.
item 2.03
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