WinVest Acquisition Draws $30,000 Under Loan From WinVest SPAC
Bitget2026/10/19 14:44- WinVest Acquisition made its second $30,000 drawdown from sponsor WinVest SPAC on October 16, 2026, under an unsecured promissory note.
- The $180,000 promissory note, issued September 16, 2026, bears no interest and permits up to six equal $30,000 drawdowns.
- The sponsor deposited the funds into the trust account, extending the business combination deadline from October 17, 2026, to November 17, 2026.
- The promissory note matures at the earlier of a business combination closing or liquidation.
- If no business combination closes, repayment is limited to funds remaining outside the trust account, if any.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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