How to redeem WINV shares
Holders of WinVest can hand shares back for their slice of the trust at the next window on 15 September 2026 — which in practice means telling your broker by about 11 September 2026.
Tell your broker by about 11 September 2026 — the broker action date is earlier than the official one.
As last filed, 30 June 2026. A redemption pays this figure plus interest earned since the filing.
Per share, at the 13 March 2026 event — a filed figure, not an estimate.
11.29M shares redeemed across every filed event — ≈100% of the earliest known float.
How to redeem, step by step
The process is the same at every window; only the dates change.
- Find the deadline in the filing that calls the meeting — for WINV the next window on file is 15 September 2026.
- Contact your broker and say you want to redeem (some desks say “tender”) your WINV shares for the trust value. Do it at least two business days before the official date — by about 11 September 2026.
- Your broker passes the instruction to the transfer agent. The shares are taken from the account; the cash ($14.81 a share as last filed, plus interest) arrives after the event settles.
- If the vote is cancelled or the deal changes, elections can usually be withdrawn — the proxy for each vote states the exact mechanics.
The general mechanics — who pays, when, and the edge cases — are in our plain-English guide to SPAC redemption. Not investment advice.
Every filed redemption event
8 eventsEach time holders were offered their cash back, some took it. Every figure below is stated in the linked filing; nothing here is estimated.
- Mar 13, 2026Extension6.4%
March 2026 extension, meeting March 13, 2026 (calendar 2026-03-12).
- Sep 16, 2025Extension14.8%
September 2025 extension, meeting September 16, 2025 (calendar 2025-09-15).
- Jun 16, 2025Extension0.2%
June 2025 extension, meeting June 16, 2025 (calendar events 2025-05-29 and 2025-06-15 = the same adjourned meeting).
- Dec 10, 2024Extension47.44%
December 2024 extension, meeting December 10, 2024 (calendar events 2024-11-11 and 2024-12-09 = adjournments of the same meeting). Aggregate ~$2.80M.
- Jun 3, 2024Extension56.93%
June 2024 extension (8-K earliest event June 3, 2024). Aggregate ~$7.37M.
- Nov 30, 2023Extension9.67%
November 2023 extension (8-K earliest event Nov 30, 2023). Aggregate ~$1.32M.
- Jun 14, 2023Extension33.16%
June 2023 extension (8-K filed 2023-06-16; meeting mid-June 2023 — exact day not restated in the results section). Aggregate ~$6.72M.
- Nov 30, 2022Extension83.54%
November 2022 extension (8-K earliest event Nov 30, 2022). Aggregate ~$98.0M. sharesBefore = redeemed + remaining.
In plain English
No floor / floorlessthe cash guarantee is gone — the price is unprotected
A SPAC's downside protection is not the cash in trust; it is your right to demand that cash. Once the redemption window closes, the cash stays with the company and the share can trade anywhere.
Redemption deadlinethe last day to hand shares back for cash
Set by the filing that calls the meeting. Tender after it and the company is under no obligation to pay you the trust value.
Broker action datethe day your broker needs the instruction — earlier than the official date
Brokers batch redemption instructions to the transfer agent, so the practical cutoff is roughly two business days before the published deadline. This is the date that actually costs people the floor.
Cash in trust / trust per sharethe cash the company is holding for each public share
Filed quarterly in the 10-Q's XBRL. It earns interest between filings, so the figure on a given day is slightly higher than the last filed one — where we show that we label it an estimate.
Trust discountbuying below the cash held for you
Only meaningful while a redemption right exists. On a floorless name the same arithmetic is not a discount, it is the market pricing distress, and this product will not call it a yield.