Winvest Acquistion Redemptions Reach 84% as Stockholders Approve 6-Month Extension

Deadline

WinVest Acquisition, which is focused on financial services companies, said in an 8-K filing that stockholdersw approved a termination deadline extension of up to six months, until June 17, 2023. However, $98 million was erased from the trust on stock redemptions, leaving approximately $19.31 million.

WinVest raised $115 million in a September 2021 IPO. The SPAC plans to target businesses in the financial services industry, with a particular focus on financial media, brokerage, banking, investing, and wealth management. Read more.

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