Winvest announces extension of termination date, additional contribution

WinVest Acquisition (WINV) announced that its Board of Directors has approved an extension of the period of time available to the Company to consummate an initial business combination by one month from November 17, 2024 to December 17, 2024, as permitted under the Company’s Amended and Restated Certificate of Incorporation, as amended. The purpose of the extension is to provide additional time for the Company to complete an initial business combination. In connection with the extension, $30,000 will be deposited into the trust account established in connection with the Company’s initial public offering pursuant to the Company’s sixth drawdown upon an unsecured non-interest-bearing promissory note in the aggregate principal amount of $180,000 issued by the Company to WinVest SPAC on June 12, 2024.