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PHP Ventures Acquisition Corp. (Nasdaq: PPHPU) has announced a deposit of $575,000 into its Trust account for public stockholders, marking $0.10 per public share. This funding extends the deadline for completing its initial business combination by three months, from November 16, 2022 to February 16, 2023. This is the second of two permitted three-month extensions. The extension aims to provide additional time for potential business combinations, which are crucial for investor confidence and future growth.