Reported Late Tuesday, WinVest Acquisition Corp. Announces Extension Of Termination Date And Additional Contribution To Trust Account To Extend Termination Date From December 17, 2022 To January 17, 2023
Reported Late Tuesday, WinVest Acquisition Corp. Announces Extension Of Termination Date And Additional Contribution To Trust Account To Extend Termination Date From December 17, 2022 To January 17, 2023
WinVest Acquisition Corp. (NASDAQ:WINV, the " Company" ))))), a special purpose acquisition company, announced today that at a special meeting of its stockholders held on November 30, 2022, the Company's stockholders voted in favor of a proposal to amend its amended and restated certificate of incorporation to extend the date (the "Termination Date") by which the Company must consummate an initial business combination from December 17, 2022 to January 17, 2023 (the "Charter Extension Date"), and to allow the Company, without another stockholder vote, to elect to extend the Termination Date on a monthly basis for up to five times by an additional one month each time after the Charter Extension Date, by resolution of the Company's board of directors, if requested by WinVest SPAC LLC, the Company's sponsor (the "Sponsor"), subject to the Sponsor's deposit of $125,000 per monthly extension into the Company's trust account (the "Trust Account"). In connection therewith, on December 5, 2022, the Company issued an unsecured promissory note to the Sponsor with a principal amount equal to $750,000. The promissory note bears no interest and is convertible at the option of the Sponsor upon the consummation of an initial business combination into private warrants to purchase shares of the Company's common stock at a price of $0.50 per private warrant. Such private warrants will be identical to the private placement warrants issued to the Sponsor at the time of the Company's initial public offering.
特殊目的收購公司(納斯達克股票代碼:WINV,本公司)今天宣佈,在2022年11月30日舉行的股東特別大會上,公司股東投票贊成修改其修訂和重述的公司註冊證書的提案,將公司完成初始業務合併的日期(“終止日期”)從2022年12月17日延長至2023年1月17日(“憲章延期日期”),並允許公司在沒有其他股東投票的情況下,在本公司保薦人(“保薦人”)WinVest SPAC LLC的要求下,經公司董事會決議,選擇將終止日期按月延長最多五次,每次在憲章延期日期後再延長一個月,但保薦人須每月將125,000美元的延期存入本公司的信託賬户(“信託賬户”)。為此,公司於2022年12月5日向保薦人簽發了本金為750,000美元的無擔保本票。本票不產生利息,在初始業務合併完成後,保薦人可以選擇轉換為非公開認股權證,以每非公開認股權證0.50美元的價格購買公司普通股。該等私募認股權證將與本公司首次公開發售時向保薦人發行的私募認股權證相同。
On December 5, 2022, the Sponsor notified the Company of its intent to extend the Termination Date and deposited into the Trust Account an aggregate of $125,000 (representing approximately $0.066 per share of common stock issued in the Company's initial public offering that has not been redeemed), in order to extend the period of time the Company has to complete an initial business combination for an additional one (1) month period, from December 17, 2022 to January 17, 2023. The purpose of the extension is to provide time for the Company to complete an initial business combination.
保薦人於2022年12月5日通知本公司有意延長終止日期,並向信託賬户存入總額125,000美元(相當於本公司首次公開發售中發行但尚未贖回的普通股每股約0.066美元),以將本公司完成首次業務合併的時間再延長一個(1)月,從2022年12月17日至2023年1月17日。延期的目的是為公司提供完成初步業務合併的時間。