Updated Aug 14, 2026
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WinVest Acquisition exhausts $180,000 sponsor note with sixth draw, extends deal deadline to September 17

CAMBRIDGE, Aug 14. The sixth and final $30,000 draw on a $180,000 promissory note from its sponsor extended WinVest Acquisition Corp.'s (WINV) deadline for completing a business combination from August 17 to September 17, 2026, the company disclosed in an 8-K filed with the Securities and Exchange Commission.

By Priya Kurup2 min readWINV
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Key takeaways

  • WinVest Acquisition Corp. drew the sixth and final $30,000 installment on a $180,000 sponsor promissory note on August 10, 2026, fully exhausting the note's capacity.
  • The final draw extended the company's deadline to complete a business combination from August 17 to September 17, 2026.
  • The note from sponsor WinVest SPAC LLC is unsecured, interest-free, and was originated on March 16, 2026, with the latest $30,000 tranche deposited directly into the IPO trust account.
  • WinVest disclosed the drawdown in an 8-K filed with the SEC under Item 2.03, signed August 14, 2026, by Manish Jhunjhunwala, who is both CEO and CFO.
  • WinVest's common stock trades on OTC Markets under the symbol WINV, with related warrants (WINVW), rights (WINVR), and units (WINVU) also listed.

CAMBRIDGE, Aug 14. The sixth and final $30,000 draw on a $180,000 promissory note from its sponsor extended WinVest Acquisition Corp.'s (WINV) deadline for completing a business combination from August 17 to September 17, 2026, the company disclosed in an 8-K filed with the Securities and Exchange Commission.

The filing, made under Item 2.03 governing the creation of direct financial obligations, reported a drawdown that occurred on August 10. WinVest SPAC LLC, the company's Delaware-registered sponsor, originated the note on March 16, 2026. The instrument is unsecured and interest-free. It permits the principal to be drawn in up to six equal installments of $30,000, and the August 10 draw was the sixth, consuming the note's full $180,000 capacity. Per the filing, the sponsor deposited the $30,000 tranche directly into the trust account established in connection with WinVest's initial public offering.

Note terms and trust account mechanics

The note matures on the earlier of a business combination closing or a company liquidation. If the company winds down without consummating a deal, repayment is limited to any amounts held outside the trust account at that time, the 8-K states. Funds inside the trust account are earmarked for common stockholders: distributed to all holders of public shares upon liquidation, or to those shareholders who elect redemption at the close of a qualifying transaction.

WinVest Acquisition Corp. is incorporated in Delaware with principal offices at 125 Cambridgepark Drive, Suite 301, Cambridge, Massachusetts 02140. The company holds Commission file number 001-40796 and carries emerging growth company status. Its common stock, par value $0.0001 per share, trades on OTC Markets Group under the symbol WINV. The company also has warrants to acquire one-half of a share (WINVW), rights to acquire one-fifteenth of a share (WINVR), and combination units (WINVU) listed on the same exchange.

Manish Jhunjhunwala, who serves as both chief executive officer and chief financial officer, signed the filing on August 14, 2026.

With all six draws exhausted under the current note structure, September 17 stands as the effective deadline for the company to complete a transaction.

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Frequently asked

What is the new deadline for WinVest to complete a business combination?

The deadline is September 17, 2026, extended from August 17, 2026, by the sixth and final note draw.

How much of the sponsor note has been used?

All $180,000 of the note has been drawn across six equal $30,000 installments, exhausting its full capacity.

What happens to the note if WinVest liquidates without a deal?

Repayment is limited to any amounts held outside the trust account at that time, since funds inside the trust are reserved for public stockholders.

Who is the sponsor and what are the note's terms?

The sponsor is WinVest SPAC LLC, a Delaware entity that originated the unsecured, interest-free note on March 16, 2026, allowing up to six equal $30,000 draws.

Where is WinVest Acquisition Corp. located and how is it classified?

It is incorporated in Delaware with principal offices at 125 Cambridgepark Drive, Suite 301, Cambridge, Massachusetts 02140, and carries emerging growth company status.