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WinVest Acquisition Corp. Unit - WINVU STOCK NEWS

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WinVest Acquisition Corp is a blank check company focused on potential mergers, share exchanges, and business combinations with various entities. Established with the goal of growth and expansion, the company aims to create strategic partnerships and opportunities for business development.

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WinVest Acquisition Corp. (NASDAQ: WINV) has announced a one-month extension of the period to consummate an initial business combination, from May 17, 2023, to June 17, 2023. $125,000 will be deposited into the trust account, representing approximately $0.066 per unredeemed share of common stock. The extension aims to provide additional time for completing the business combination.
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WinVest Acquisition Corp. (NASDAQ: WINV) announced an extension for its initial business combination deadline from April 17 to May 17, 2023. The Board approved this one-month extension to facilitate the completion of a business combination. As part of the extension, the Company will deposit $125,000 into its trust account, equivalent to approximately $0.066 per unredeemed share issued during its initial public offering. Furthermore, WinVest has the option to extend the deadline on a monthly basis until June 17, 2023, under similar financial terms. This move aims to secure additional time for strategic business planning and execution. The Company remains focused on completing a merger or business combination that will enhance shareholder value.

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WinVest Acquisition Corp. (NASDAQ: WINV) announced a one-month extension of its deadline to complete an initial business combination, moving the date from February 17 to March 17, 2023. The extension aims to allow more time for finalizing this business deal. To facilitate this extension, WinVest SPAC LLC deposited $125,000 into the company's trust account, part of a $750,000 unsecured promissory note issued on December 5, 2022. This note may convert into private warrants at $0.50 per warrant upon the completion of a business combination. The Board can extend this deadline further on a monthly basis until June 17, 2023, with additional deposits.

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WinVest Acquisition Corp. (NASDAQ: WINV) announced an extension of its deadline to finalize an initial business combination from January 17, 2023, to February 17, 2023. This one-month extension was approved by the Board of Directors to allow additional time for the transaction. In connection with the extension, the Company’s sponsor, WinVest SPAC LLC, deposited $125,000 into the trust account, which is part of a larger unsecured promissory note of $750,000 issued to the Sponsor. The Board also has the option for further monthly extensions until June 17, 2023, with additional deposits required for each extension.

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WinVest Acquisition Corp. (NASDAQ: WINV) announced that its stockholders approved a proposal to extend the deadline for completing a business combination from December 17, 2022, to January 17, 2023. This extension allows the Company to extend the Termination Date for up to five additional months subject to a monthly deposit of $125,000 by the Sponsor. On December 5, 2022, the Sponsor deposited $125,000 into the Trust Account for the initial one-month extension. Additionally, a $750,000 unsecured promissory note was issued to the Sponsor, convertible into private warrants upon a business combination.

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WinVest Acquisition Corp. (NASDAQ: WINVU) announced that holders of its units can separately trade common stock, redeemable warrants, and rights starting October 4, 2021. Units that are not separated will continue to trade under the symbol WINVU. The common stock, warrants, and rights will be listed under the symbols WINV, WINVW, and WINVR, respectively. Investors must contact their brokers to initiate the separation process. This announcement does not constitute an offer to sell or solicit securities.

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WinVest Acquisition Corp. (NASDAQ: WINVU) announced that underwriters fully exercised their over-allotment option, purchasing 1,500,000 units on September 27, 2021. This brought the total units sold to 11,500,000 at a price of $10.00 each, generating gross proceeds of $115 million. Each unit comprises one share of common stock, a right, and a redeemable warrant. The units began trading on NASDAQ under the ticker symbol WINVU on September 15, 2021. The offering aims to fund future business combinations, particularly in the financial services sector.

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WinVest Acquisition Corp. (NASDAQ: WINVU) successfully closed its initial public offering, raising $100 million through the sale of 10 million units at $10.00 per unit. Each unit consists of one common stock share, one right (entitling the holder to receive one-fifteenth of a share upon a business combination), and one redeemable warrant (allowing purchase of half a share at $11.50 per whole share). Trading for these units commenced on September 15, 2021, with Chardan as the sole book-running manager.

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WinVest Acquisition Corp. (NASDAQ: WINVU) has priced its initial public offering (IPO) of 10,000,000 units at $10.00 each, set to begin trading on NASDAQ on September 15, 2021. Each unit includes one share of common stock, one right, and one redeemable warrant. The offering is expected to close on September 17, 2021, subject to customary conditions. Chardan is the sole book running manager, with an option for underwriters to purchase an additional 1,500,000 units. Proceeds will fund mergers and acquisitions focused on the financial services sector.

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FAQ

What is the current stock price of WinVest Acquisition Unit (WINVU)?

The current stock price of WinVest Acquisition Unit (WINVU) is $12.14 as of December 30, 2024.

What is WinVest Acquisition Corp's primary focus?

WinVest Acquisition Corp is primarily focused on potential mergers, share exchanges, asset acquisitions, and business combinations with various entities.

What is the goal of WinVest Acquisition Corp?

The goal of WinVest Acquisition Corp is to create strategic partnerships, opportunities for business development, and growth.

How can businesses benefit from partnering with WinVest Acquisition Corp?

Businesses can benefit from partnering with WinVest Acquisition Corp by gaining access to potential mergers, share exchanges, and business combinations that can drive growth and expansion.

Who is the contact person at WinVest Acquisition Corp?

Manish Jhunjhunwala can be contacted at (617) 658-3094 for further information about WinVest Acquisition Corp.

What kind of businesses is WinVest Acquisition Corp interested in partnering with?

WinVest Acquisition Corp is interested in partnering with businesses that align with its goals of mergers, share exchanges, asset acquisitions, and business combinations.

How does WinVest Acquisition Corp approach potential mergers and business combinations?

WinVest Acquisition Corp approaches potential mergers and business combinations with a strategic mindset, seeking opportunities for growth and expansion.

What sets WinVest Acquisition Corp apart from other companies in the industry?

WinVest Acquisition Corp distinguishes itself by its focus on blank check companies and its dedication to creating valuable partnerships for business development.

What recent achievements has WinVest Acquisition Corp had?

WinVest Acquisition Corp's recent achievements include successfully positioning itself as a key player in the blank check company sector and establishing a foundation for future growth.

What is WinVest Acquisition Corp's vision for the future?

WinVest Acquisition Corp envisions continued growth, expansion, and success through strategic partnerships, mergers, and business combinations.

How can I stay informed about WinVest Acquisition Corp's latest news and updates?

You can stay informed about WinVest Acquisition Corp's latest news and updates by regularly checking their website or contacting Manish Jhunjhunwala for more information.
WinVest Acquisition Corp. Unit

Nasdaq:WINVU

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10.00M
Shell Companies
Blank Checks
United States of America
CAMBRIDGE