WinVest Acquisition Corp. Announces Sixth $30K Sponsor Loan to Extend SPAC Deadline

What Happened
WinVest Acquisition Corp. filed an 8-K (Item 2.03) reporting that on August 10, 2026 it effected the sixth drawdown of $30,000 under an unsecured $180,000 promissory note from its sponsor, WinVest SPAC LLC, and caused that $30,000 to be deposited into the IPO trust account to extend the Company’s termination date for completing a business combination from August 17, 2026 to September 17, 2026. The promissory note was originally issued on March 16, 2026.

Key Details

• Promissory Note principal: $180,000 provided by WinVest SPAC LLC (the Sponsor).
• Draw structure: up to six equal draws of $30,000; the August 10, 2026 draw was the sixth.
• Terms: unsecured, non‑interest bearing; matures on the earlier of (a) closing of a business combination or (b) the Company’s liquidation.
• Repayment: if no business combination occurs, repayment of the note is limited to amounts remaining outside the IPO trust account; deposited funds will be distributed to Public Shareholders on liquidation or to Public Shareholders who elect redemption at a business combination.

Why It Matters
This sponsor loan extends the SPAC’s deadline to find and close a deal by one month (to September 17, 2026), giving the company more time to consummate a business combination. The loan is small relative to typical trust account sizes but increases cash in the trust account to support redemptions or liquidation distributions. Because the note is unsecured, bears no interest, and is repayable only from amounts outside the trust account if no combination occurs, the trust funds for public shareholders remain protected under the filing’s terms.