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SalesTech Star

WinVest Acquisition Corp. Announces Extension of Termination Date and Additional Contribution to Trust Account to Extend Termination Date

By STS News Desk on September 17, 2025

WinVest Acquisition Corp, a special purpose acquisition company, announced that at a special meeting of its stockholders held on September 16, 2025, the Company’s stockholders voted in favor of a proposal to amend its amended and restated certificate of incorporation, as amended (the “Charter”), to extend the date by which the Company must consummate an initial business combination (the “Termination Date”) from September 17, 2025 to October 17, 2025 (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 (or such shorter period as may be requested) 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”), and upon five days’ advance notice prior to the applicable Termination Date, until March 17, 2026, or a total of up to six months after the Current Termination Date, unless the closing of the Company’s Business Combination shall have occurred prior thereto, and subject to the deposit by the Sponsor or one or more of its affiliates, members or third-party designees of $30,000 per monthly extension into the Company’s trust account (the “Trust Account”). In connection therewith, on September 16, 2025, the Company issued an unsecured non-interest-bearing promissory note to the Sponsor with a principal amount equal to $180,000.

Read More: SalesTechStar Interview with Travis Rehl, CTO and Head of Product at Innovative Solutions

At the special meeting, the Company’s stockholders also voted in favor of a proposal to effect a corresponding amendment to the Investment Management Trust Agreement by and between the Company and Continental Stock Transfer & Trust Co. (the “Trustee”) to extend the date on which the Trustee must liquidate the Trust Account from September 17, 2025 to October 17, 2025, and to allow the Company, without another stockholder vote, to elect to further extend the liquidation date on a monthly basis for up to five times from October 17, 2025 to March 17, 2026.

Following the Special Meeting, the Sponsor notified the Company of its request to extend the Termination Date, and on September 16, 2025, the Sponsor deposited into the Trust Account an aggregate of $30,000 (representing approximately $0.136 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 September 17, 2025 to October 17, 2025. The purpose of the extension is to provide time for the Company to complete an initial business combination.

WinVest Acquisition Corp. is a blank check company formed for the purpose of effecting a merger, share exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses.

Read More: Why Pipeline-Driven Sales Will Dominate and Become the New Era of Sales Efficiencies

Write in to psen@itechseries.com to learn more about our exclusive editorial packages and programs.

Acquisitionacquisition companyBusiness CombinationCharter Extension DateNewsTerminationTermination DateTrust AccountWinVest Acquisition
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