{"id":747898,"date":"2023-04-14T17:03:00","date_gmt":"2023-04-14T21:03:00","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/winvest-acquisition-corp-announces-extension-of-termination-date-and-additional-contribution-to-trust-account-to-extend-termination-date-4\/"},"modified":"2023-04-14T17:03:00","modified_gmt":"2023-04-14T21:03:00","slug":"winvest-acquisition-corp-announces-extension-of-termination-date-and-additional-contribution-to-trust-account-to-extend-termination-date-4","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/winvest-acquisition-corp-announces-extension-of-termination-date-and-additional-contribution-to-trust-account-to-extend-termination-date-4\/","title":{"rendered":"WinVest Acquisition Corp. Announces Extension of Termination Date and Additional Contribution to Trust Account to Extend Termination Date"},"content":{"rendered":"<div class=\"mw_release\">\n<p align=\"justify\">Cambridge, MA, April  14, 2023  (GLOBE NEWSWIRE) &#8212; WinVest Acquisition Corp. (NASDAQ: WINV, the \u201cCompany\u201d), a special purpose acquisition company, announced today that its Board of Directors (the \u201cBoard\u201d) has approved an extension of the period of time available to the Company to consummate an initial business combination by one month from April 17, 2023 to May 17, 2023 (the \u201cTermination Date\u201d), as permitted under the Company\u2019s Amended and Restated Certificate of Incorporation, as amended. The purpose of the extension is to provide additional time for the Company to complete an initial business combination.<\/p>\n<p align=\"justify\">In connection with the extension, $125,000 (representing approximately $0.066 per unredeemed share of common stock issued in the Company\u2019s initial public offering) will be deposited into the trust account established in connection with the Company\u2019s initial public offering.<\/p>\n<p align=\"justify\">The Board may elect to further extend the Termination Date on a monthly basis until June 17, 2023 upon the deposit of an additional $125,000 into the trust account per monthly extension.<\/p>\n<p align=\"justify\">\n        <strong>About <\/strong><br \/>\n        <strong>WinVest<\/strong><br \/>\n        <strong> Acquisition Corp.<\/strong>\n      <\/p>\n<p align=\"justify\">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.<\/p>\n<p>\n        <strong>Forward-<\/strong><br \/>\n        <strong>Looking Statements<\/strong>\n      <\/p>\n<p align=\"justify\">This press release includes forward-looking statements that involve risks and uncertainties. Forward-looking statements are statements that are not historical facts. Such forward-looking statements, including statements about the successful consummation of the Company\u2019s initial business combination, are subject to risks and uncertainties, which could cause actual results to differ from those contemplated by the forward -looking statements. Forward-looking statements are subject to numerous conditions, many of which are beyond the control of the Company, including those set forth in the Risk Factors section of the Company\u2019s registration statement and prospectus for the Company\u2019s initial public offering and other reports filed with the Securities and Exchange Commission. The Company expressly disclaims any obligations or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in the Company\u2019s expectations with respect thereto or any change in events, conditions or circumstances on which any statement is based, except as required by law.<\/p>\n<p>Contact:<\/p>\n<p>WinVest Acquisition Corp.<br \/>Manish Jhunjhunwala<br \/>(617) 658-3094<\/p>\n<p \/>\n      <img decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODgwODM5NCM1NTI3ODMxIzUwMDA4Mzc2Nw==\" \/><br \/>\n      <br \/>\n      <img decoding=\"async\" src=\"https:\/\/ml.globenewswire.com\/media\/YmNiNTExMDctMWI2ZC00OTk3LWE4ODItOWQ0MjA4YTQ2NmYxLTUwMDA4Mzc2Nw==\/tiny\/WinVest-Acquisition-Corp-.png\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Cambridge, MA, April 14, 2023 (GLOBE NEWSWIRE) &#8212; WinVest Acquisition Corp. (NASDAQ: WINV, the \u201cCompany\u201d), a special purpose acquisition company, announced today that its Board of Directors (the \u201cBoard\u201d) has approved an extension of the period of time available to the Company to consummate an initial business combination by one month from April 17, 2023 to May 17, 2023 (the \u201cTermination Date\u201d), as permitted under the Company\u2019s Amended and Restated Certificate of Incorporation, as amended. The purpose of the extension is to provide additional time for the Company to complete an initial business combination. In connection with the extension, $125,000 (representing approximately $0.066 per unredeemed share of common stock issued in the Company\u2019s initial public offering) will be deposited into &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/winvest-acquisition-corp-announces-extension-of-termination-date-and-additional-contribution-to-trust-account-to-extend-termination-date-4\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;WinVest Acquisition Corp. Announces Extension of Termination Date and Additional Contribution to Trust Account to Extend Termination Date&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-747898","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>WinVest Acquisition Corp. Announces Extension of Termination Date and Additional Contribution to Trust Account to Extend Termination Date - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/winvest-acquisition-corp-announces-extension-of-termination-date-and-additional-contribution-to-trust-account-to-extend-termination-date-4\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"WinVest Acquisition Corp. Announces Extension of Termination Date and Additional Contribution to Trust Account to Extend Termination Date - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Cambridge, MA, April 14, 2023 (GLOBE NEWSWIRE) &#8212; WinVest Acquisition Corp. (NASDAQ: WINV, the \u201cCompany\u201d), a special purpose acquisition company, announced today that its Board of Directors (the \u201cBoard\u201d) has approved an extension of the period of time available to the Company to consummate an initial business combination by one month from April 17, 2023 to May 17, 2023 (the \u201cTermination Date\u201d), as permitted under the Company\u2019s Amended and Restated Certificate of Incorporation, as amended. The purpose of the extension is to provide additional time for the Company to complete an initial business combination. In connection with the extension, $125,000 (representing approximately $0.066 per unredeemed share of common stock issued in the Company\u2019s initial public offering) will be deposited into &hellip; Continue reading &quot;WinVest Acquisition Corp. 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