PHP Ventures Acquisition Corp. 8-K

What Happened

• PHP Ventures Acquisition Corp. announced that its stockholders approved amendments on January 20, 2026 to (1) extend the deadline to complete an initial business combination to December 31, 2026 and (2) amend the related trust agreement to permit such extensions. The Company promptly executed Amendment No. 4 to its Investment Management Trust Agreement following the vote. The special meeting had been rescheduled from January 14 to January 20, 2026.

Key Details

• The extension allows the Company to extend the combination deadline in up to sixteen (16) one‑month increments, at the Board’s election, through December 31, 2026.
• The Sponsor (Global Link Investment LLC), its affiliates or permitted designees must deposit $0.10 per share per month into the trust for each Class A share included in the units from the IPO that remains outstanding, subject to a maximum deposit of $1,000 per month.
• Record date for the vote was December 11, 2025. Outstanding and entitled-to-vote shares included 93,524 redeemable Class A, 293,400 non-redeemable Class A, and 1,437,500 Class B shares.
• Vote results for both the Extension Amendment and the Trust Amendment: 1,685,900 votes FOR, 19 votes AGAINST, 0 abstentions, and 127 broker non-votes.
• The Company filed the executed Fourth Amendment to its Certificate of Incorporation and Amendment No. 4 to the Trust Agreement as exhibits to the Form 8-K.

Why It Matters

• For investors, the approvals mean PHP Ventures has additional time (up to 16 months in one‑month steps) to locate and close a business combination, reducing the immediate pressure to complete a deal by the prior deadline (August 16, 2025).
• The Sponsor’s monthly cash top-up requirement ($0.10 per outstanding Class A share, capped at $1,000) helps preserve the trust account balance for public shareholders but is limited in size, so investors should note the modest financial support mechanism while monitoring future developments.