PHP Ventures Acquisition Corp. 8-K

What Happened
PHP Ventures Acquisition Corp. announced that its Special Meeting originally scheduled for January 14, 2026 was adjourned to January 20, 2026 at 9:00 a.m. Eastern Time. The adjournment occurred because the company revised the proposed extension terms related to the deadline for completing an initial business combination; no proposals were voted on before the adjournment. The company’s definitive proxy was previously filed with the SEC on December 31, 2025, and the record date for voting remains December 11, 2025.

Key Details

• Special Meeting reconvened to January 20, 2026 at 9:00 a.m. ET (originally Jan 14, 2026).
• Record date for voting: December 11, 2025; only stockholders of record on that date may vote when reconvened.
• Revised extension funding: sponsor (or affiliates/permitted designees) will deposit $0.10 per public share outstanding for each one-month extension, subject to a maximum deposit of $1,000 per month.
• This replaces the previously disclosed funding amount of $0.05 per public share per month. Proposals on the agenda include the Extension Amendment, the Trust Amendment, and the Adjournment Proposal.

Why It Matters
For public shareholders, the revised terms mean the sponsor is now committing to deposit more cash per public share into the trust account for each monthly extension (from $0.05 to $0.10 per share), though each monthly deposit is capped at $1,000. That change affects how much additional money may be held in the trust during any extension period and is a key factor for holders considering redemptions or evaluating the economics of a potential business combination. The filing also includes a standard forward-looking statements caution noting risks and uncertainties around timing and funding.