WinVest Acquisition filed a proxy and called a June 12 meeting for shareholderrs to vote on an extension proposal that would give the SPAC up until December to find and close a deal.
WinVest raisded $115 million in a September 2021 IPO with plans to target businesses in the financial services industry, with a particular focus on financial media, brokerage, banking, investing, and wealth management.
If the extension wins approval, the SPAC's sponsor would deposit $65,000 into trust for each monthly extension period, up to $390,000. Read more.
Source: WinVest Acquisition Asks Shareholders for up to 6 More Months