PHP Ventures Acquisition Corp. 8-K

What Happened
PHP Ventures Acquisition Corp. announced in a Form 8-K filed May 19, 2026 that it caused $957.30 to be deposited into its trust account for its public stockholders. The deposit was made to allow the company to extend the date by which it may consummate an initial business combination from May 16, 2026 to June 16, 2026.

Key Details

• Company: PHP Ventures Acquisition Corp. (Delaware corporation).
• Filing: Form 8-K filed May 19, 2026 (Item 8.01 — Other Events).
• Deposit amount: $957.30 deposited into the SPAC trust account.
• Extension: One-month extension of the deadline to complete an initial business combination, from May 16, 2026 to June 16, 2026.

Why It Matters
This action preserves the company’s ability to pursue or close an initial business combination by extending the SPAC deadline. For investors, the deposit and extension mean the trust account remains available for redemptions and the SPAC has additional time to complete a merger or acquisition. Shareholders should watch for further 8‑K updates or proxy materials for details on any proposed deals or additional extensions.