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Winvest Acquisition Corp   (WINV)
Other Ticker:  
 
    Sector  Financial    Industry Blank Checks
   Industry Blank Checks
   Sector  Financial
 
Price: $11.2093 $0.11 0.985%
Day's High: $11.2093 Week Perf: 0.35 %
Day's Low: $ 11.21 30 Day Perf: 1.72 %
Volume (M): 0 52 Wk High: $ 12.00
Volume (M$): $ 1 52 Wk Avg: $10.91
Open: $11.21 52 Wk Low: $10.48



 Market Capitalization (Millions $) 14
 Shares Outstanding (Millions) 1
 Employees -
 Revenues (TTM) (Millions $) -
 Net Income (TTM) (Millions $) -1
 Cash Flow (TTM) (Millions $) 0
 Capital Exp. (TTM) (Millions $) 0

Winvest Acquisition Corp
Winvest Acquisition Corp is a special purpose acquisition company (SPAC) that was formed for the purpose of acquiring or merging with one or more businesses. SPACs are publicly traded investment vehicles that raise money through an initial public offering (IPO) with the intention of using those funds to acquire an existing company.

Winvest Acquisition Corp aims to identify and acquire businesses in industries with potential for growth and profitability. Once an acquisition target is identified, Winvest will use the capital raised during its IPO to fund the purchase and facilitate the merger.

As a SPAC, Winvest Acquisition Corp offers investors the opportunity to participate in the potential growth of a private company. It typically has a set timeframe, usually two years, to complete an acquisition and must obtain approval from its shareholders. If an acquisition is not completed within the specified timeframe, the SPAC is either liquidated or extended with shareholder consent.


   Company Address: 125 Cambridgepark Drive Cambridge 2140 MA
   Company Phone Number: 658-3094   Stock Exchange / Ticker: NASDAQ WINV
   WINV is expected to report next financial results on March 30, 2024.


   

Stock Performances by Major Competitors

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Winvest Acquisition Corp

Winvest Acquisition Corp Announces Operating Deficit of $-0.257485 Million, Reflecting Challenging Financial Period

Winvest Acquisition Corp, a company in the Blank Checks sector, recently reported an operating deficit of $-0.257485 million for the financial interval ending September 30, 2023. This announcement came as part of the July to September 2023 reporting season, during which many corporations shared their earnings. Despite the challenging financial period for the company, stakeholders are hopeful that further revenue streams will be generated in the near future.
During the same financial interval, Winvest Acquisition Corp experienced a shortfall of $-0.104 million, compared to earnings of $0.145 million in the previous period ending September 30, 2023. This downturn in financial performance reflects the difficult market conditions that the company faced during this time. However, stakeholders are looking ahead and expecting improved results in the upcoming reports.

Winvest Acquisition Corp

Winvest Acquisition Corp sees skyrocketing costs, raising eyebrows in latest fiscal period

The stock market has been abuzz with excitement as countless entities have been sharing their results for the reporting season of April to June 2023. Among these companies, several constituents of the Blank Checks industry have caught the attention of investors. One such company is WINV, which recently announced an operating shortfall of $-0.649848 million for the fiscal second quarter of 2023.
Although the revenue figures have not been disclosed yet, it is essential to put WINV's performance into context by comparing it to the previous year. In the second quarter of 2022, the company reported an operating shortfall of $-0.2791 million. However, it is worth noting that the emerging growth business has recorded a net deficit of $-0.459 million, which has expanded from $-0.122 million in the same period the year before.

Winvest Acquisition Corp

Unanticipated Top-line Adjustments Drive Major Reduction in Winvest Acquisition Corp's Performance for Q1 2023

Winvest Acquisition Corp is a blank check company, also known as a Special Purpose Acquisition Company (SPAC), that was established with the specific goal of merging with and acquiring one or more businesses. With an initial public offering (IPO) of $150 million, the company filed for incorporation in the Delaware jurisdiction in 2021.
The company's management team, led by the founder of the technology-focused private equity firm, Thayer Ventures, believes that there are abundant opportunities to acquire and merge with companies that can benefit from the company's financial expertise, industry knowledge, and market access. Its acquisition criteria include companies operating in the technology, media, or telecommunications sector.






 




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