WinVest Acquisition Corp. announced a private placement wherein it issued unsecured promissory note for an aggregate gross proceeds of $1,000,000 on October 31, 2023. The transaction included participation from returning investor, WinVest SPAC LLC.

The note does not bear interest and matures upon the closing of an initial business combination. The principal of the note may be drawn down prior to the consummation of a business combination.