PHP Ventures Acquisition Corp. 8-K

What Happened PHP Ventures Acquisition Corp. filed an 8-K (Apr 21, 2026) reporting that stockholders approved an Extension Amendment to push the deadline to complete an initial business combination from August 16, 2025 to December 31, 2026. The amendment set a revised monthly trust contribution of $957.30 per one‑month extension. Because the company previously deposited $4,770.70 per month for the period Aug 16, 2025 through Mar 16, 2026 under the old terms, the trust trustee returned the excess amounts to the company. The company also deposited $957.30 to extend the combination deadline from April 16, 2026 to May 16, 2026.

Key Details

• Extension approved at a virtual special meeting disclosed in the 8-K filed Jan 23, 2026; new final deadline: December 31, 2026.
• Revised monthly extension contribution: $957.30.
• Prior monthly deposits (Aug 16, 2025–Mar 16, 2026): $4,770.70 each month; excess contributions were returned by the trustee.
• Company deposited $957.30 to extend the deadline from April 16, 2026 to May 16, 2026.

Why It Matters For investors, the extension gives PHP Ventures more time to find and close a merger or acquisition (the SPAC’s initial business combination) through the end of 2026. The trust-account mechanics matter because those deposits protect public stockholders’ redemption value; the trustee returning excess funds means the company regained cash that had been over-contributed under the prior extension terms. This update is procedural (timing and cash flows into/out of the trust) rather than an announcement of a target or deal.