Owl Creek Asset Management Exits WinVest Acquisition Corp. Stake

TL;DR

**Owl Creek Asset Management just dumped all its WinVest Acquisition Corp. shares.**

AI Summary

Owl Creek Asset Management, L.P. has filed an amended SC 13G/A for WinVest Acquisition Corp. (WNVT), indicating that as of December 31, 2023, they no longer beneficially own any shares of WinVest's Common Stock. This update, filed on February 5, 2024, shows a complete divestment from their previous holdings, meaning they have zero sole or shared voting and dispositive power. This matters to investors because a significant institutional investor has exited their position, which could signal a lack of confidence in the SPAC's future or its ability to complete a successful business combination.

Why It Matters

This filing shows a major institutional investor, Owl Creek Asset Management, has completely sold off its stake in WinVest Acquisition Corp., which could be interpreted as a bearish signal for the SPAC's prospects.

Risk Assessment

Risk Level: medium — The complete divestment by an institutional investor like Owl Creek Asset Management could indicate underlying issues or a lack of confidence in the SPAC's future.

Analyst Insight

Investors considering WinVest Acquisition Corp. should investigate the reasons behind Owl Creek Asset Management's complete exit, as it could signal a lack of confidence in the SPAC's future business combination prospects.

Key Numbers

• 0 — Sole Voting Power (Owl Creek Asset Management, L.P. holds zero shares with sole voting power as of December 31, 2023.)
• 0 — Shared Voting Power (Owl Creek Asset Management, L.P. holds zero shares with shared voting power as of December 31, 2023.)
• 0 — Sole Dispositive Power (Owl Creek Asset Management, L.P. holds zero shares with sole dispositive power as of December 31, 2023.)
• 0 — Shared Dispositive Power (Owl Creek Asset Management, L.P. holds zero shares with shared dispositive power as of December 31, 2023.)

Key Players & Entities

• Owl Creek Asset Management, L.P. (company) — the reporting person that filed the SC 13G/A
• WinVest Acquisition Corp. (company) — the issuer whose securities are being reported
• Delaware (company) — place of organization for Owl Creek Asset Management, L.P.
• December 31, 2023 (date) — date of event requiring the filing
• February 5, 2024 (date) — date the filing was made

Forward-Looking Statements

• WinVest Acquisition Corp. may face increased selling pressure or investor skepticism due to Owl Creek Asset Management's complete divestment. (WinVest Acquisition Corp.) — medium confidence, target: Q1 2024

FAQ

Key Financial Figures

• $0.0001 — Corp. (Name of Issuer) Common Stock, $0.0001 par value (Title of Class of Securitie

Filing Documents

• p24-0531sc13ga.htm (SC 13G/A) — 60KB
• 0000902664-24-001039.txt ( ) — 62KB

(a)

Item 1(a). NAME OF ISSUER: The name of the issuer is WinVest Acquisition Corp. (the “ Issuer ”).

(b)

Item 1(b). ADDRESS OF ISSUER’S PRINCIPAL EXECUTIVE OFFICES: The Issuer’s principal executive offices are located at 125 Cambridgepark Drive, Suite 301Cambridge, MA 02140.

(a)

Item 2(a). NAME OF PERSON FILING: (i) Owl Creek Asset Management, L.P., a Delaware limited partnership and the investment manager of Owl Creek Credit Opportunities Master Fund, Ltd. (the “ Owl Creek Fund ”), with respect to the shares of Common Stock that were owned by the Owl Creek Fund and (ii) Jeffrey A. Altman (“ Mr. Altman ”), as managing member of the general partner of Owl Creek Asset Management, L.P., with respect to the shares of Common Stock that were owned by the Owl Creek Fund. The foregoing persons are hereinafter sometimes collectively referred to as the “ Reporting Persons .”

(b)

Item 2(b). ADDRESS OF PRINCIPAL BUSINESS OFFICE OR, IF NONE, RESIDENCE: The address of the principal business office of each of the Reporting Persons is 640 Fifth Avenue, 20th Floor, New York, NY 10019.

(c)

Item 2(c). CITIZENSHIP: Owl Creek Asset Management, L.P. is a limited partnership organized under the laws of the State of Delaware. Mr. Altman is a United States citizen.

(d)

Item 2(d). TITLE OF CLASS OF SECURITIES: Common stock, $0.0001 par value (the “ Common Stock ”).

(e)

Item 2(e). CUSIP NUMBER: 97655B109 Item 3. IF THIS STATEMENT IS FILED PURSUANT TO §§ 240.13d-1(b) OR 240.13d-2(b) OR (c), CHECK WHETHER THE PERSON FILING IS A: (a) Broker or dealer registered under Section 15 of the Act (15 U.S.C. 78o); (b) Bank as defined in Section 3(a)(6) of the Act (15 U.S.C. 78c); CUSIP No. 97655B109 13G/A Page 5 of 7 Pages (c) Insurance company as defined in Section 3(a)(19) of the Act (15 U.S.C. 78c); (d) Investment company registered under Section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8); (e) Investment adviser in accordance with Rule 13d-1(b)(1)(ii)(E); (f) Employee benefit plan or endowment fund in accordance with Rule 13d-1(b)(1)(ii)(F); (g) Parent holding company or control person in accordance with Rule 13d-1(b)(1)(ii)(G); (h) Savings association as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813); (i) Church plan that is excluded from the definition of an investment company under Section 3(c)(14) of the Investment Company Act (15 U.S.C. 80a-3); (j) Non-U.S. institution in accordance with Rule 13d-1(b)(1)(ii)(J); (k) Group, in accordance with Rule 13d-1(b)(1)(ii)(K). If filing as a non-U.S. institution in accordance with Rule 13d-1(b)(1)(ii)(J), please specify the type of institution:___________________________________ Item 4. The information required by Items 4(a) - (c) is set forth in Rows 5 - 11 of the cover page for each Reporting Person hereto and is incorporated herein by reference for each Reporting Person. Item 5. If this statement is being filed to report the fact that as of the date hereof the Reporting Persons have ceased to be the beneficial owner of more than five percent of the class of securities, check the following: Item 6. Not applicable. Item 7. IDENTIFICATION AND CLASSIFICA

SIGNATURES

SIGNATURES After reasonable inquiry and to the best of our knowledge and belief, the undersigned certify that the information set forth in this statement is true, complete and correct. DATED: February 5, 2024 /s/ Jeffrey A. Altman Jeffrey A. Altman, individually and as managing member of the general partner of Owl Creek Asset Management, L.P.

View Full Filing

View this SC 13G/A filing on SEC EDGAR