PHP Ventures Acquisition Corp. 8-K

What Happened
PHP Ventures Acquisition Corp. (a Delaware corporation) filed an 8-K (Item 8.01) announcing it deposited $4,770.70 into its trust account for public stockholders to permit a one‑month extension of the deadline to consummate an initial business combination. The extension moves the cut‑off date from January 16, 2026 to February 16, 2026.

Key Details

• Deposit amount: $4,770.70 paid into the SPAC trust account.
• Extension length: one month, from January 16, 2026 → February 16, 2026.
• Filing: Reported under Item 8.01 (Other Events) on Form 8‑K filed Jan 15, 2026.
• Purpose: Funds deposited "for its public stockholders" to allow the Company to extend the period to complete an initial business combination.

Why It Matters
This change affects the timeline for the SPAC’s merger or acquisition activity—public holders now have until Feb 16, 2026 for the company to close an initial business combination or follow related SPAC procedures. The deposit into the trust is the mechanism SPACs use to pay redemption amounts and secure shareholder rights tied to an extension; investors should note the new deadline and consult company communications or their brokerage for redemption procedures and deadlines.