WinVest Acquisition Corp. Files 8-K on Corporate Structure

TL;DR

WINV filed an 8-K detailing its common stock, warrants, and rights structure.

AI Summary

On May 29, 2024, WinVest Acquisition Corp. filed an 8-K report detailing its corporate structure and share classes. The company, incorporated in Delaware, has common stock with a par value of $0.0001 per share, redeemable warrants, and rights to acquire fractions of a share. The filing also lists its business and mailing address in Cambridge, MA.

Why It Matters

This filing provides clarity on the different classes of securities offered by WinVest Acquisition Corp., which is important for investors to understand their rights and potential ownership.

Risk Assessment

Risk Level: low — This is a routine corporate filing that outlines existing share structures and does not indicate new financial risks or significant operational changes.

Key Numbers

• 0.0001 — Par Value of Common Stock (Specifies the nominal value per share of common stock.)

Key Players & Entities

• WinVest Acquisition Corp. (company) — Registrant
• May 29, 2024 (date) — Date of earliest event reported
• Delaware (jurisdiction) — State of incorporation
• Cambridge, MA (location) — Business and mailing address

FAQ

Key Financial Figures

• $0.0001 — ck Market LLC Common Stock, par value $0.0001 per share WINV The Nasdaq Stock Mar
• $11.22 — at a redemption price of approximately $11.22 per share. On May 29, 2024, the Compa
• $30,000 — have occurred prior thereto, by causing $30,000 to be deposited into the trust account

Filing Documents

• form8-k.htm (8-K) — 49KB
• 0001493152-24-021868.txt ( ) — 278KB
• winv-20240529.xsd (EX-101.SCH) — 4KB
• winv-20240529_def.xml (EX-101.DEF) — 27KB
• winv-20240529_lab.xml (EX-101.LAB) — 37KB
• winv-20240529_pre.xml (EX-101.PRE) — 26KB
• form8-k_htm.xml (XML) — 8KB

01 Other Events

Item 8.01 Other Events. On May 28, 2024, WinVest Acquisition Corp. (the "Company") received a redemption report from Continental Stock Transfer and Trust Company (the "Transfer Agent") indicating that, as of May 28, 2024, the holders of 725,790 shares of the Company's common stock had properly exercised their right to redeem their shares for cash at a redemption price of approximately $11.22 per share. On May 29, 2024, the Company determined to postpone the special meeting of stockholders (the "Special Meeting") originally scheduled for Thursday, May 30, 2024, at 11:00 a.m., Eastern Time, to allow additional time for the Company to engage with its stockholders and solicit redemption reversals. The Special Meeting will now be held on Monday, June 3, 2024, at 11:00 a.m., Eastern Time. There is no change to the location, the record date, the purpose or any of the proposals to be acted upon at the Special Meeting. The live-webcast for the Special Meeting will be available by visiting https://www.cstproxy.com/winvestacquisition/2024/. If approved by the Company's stockholders at the Special Meeting, the Extension Amendment Proposal included in the definitive proxy to amend its amended and restated certificate of incorporation (the "Extension Amendment") to extend the date (the "Termination Date") by which the Company must consummate an initial business combination (a "Business Combination") from June 17, 2024 (the "Current Termination Date") to July 17, 2024 (the "Charter Extension Date"), and would 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 each time after the Charter Extension Date, by resolution of the Company's board of directors, if requested by WinVest SPAC LLC, and upon five days' advance notice prior to

View Full Filing

View this 8-K filing on SEC EDGAR