Company: WENNU
Filing Date: 2025-05-20
Form Type: 8-K
Source: 0001213900-25-045513
Chunk: 5

Company: WEN Acquisition Corp
Filing Date: 2025-05-20
Form: 8-K
Item: Item 8.01
Chunk 5
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Item 8.01.
Other Events.

A
total of $300,150,000 of the proceeds from the IPO (which amount includes $14,289,750 of the underwriters’ deferred discount) and
the sale of the Private Placement Warrants, was placed in a U. S.-based trust account maintained by Continental Stock Transfer & Trust
Company, acting as trustee. Except with respect to interest earned on the funds in the trust account that may be released to the Company
to pay its taxes and for winding up and dissolution expenses, the funds held in the trust account will not be released from the trust
account until the earliest of (i) the completion of the Company’s initial business combination, (ii) the redemption of the Company’s
public shares if it is unable to complete its initial business combination within 24 months from the closing of the IPO (or by such earlier
liquidation date as the Company’s board of directors may approve), subject to applicable law, and (iii) the redemption of the Company’s
public shares properly submitted in connection with a shareholder vote to amend the Company’s Amended and Restated Memorandum and
Articles of Association to modify the substance or timing of its obligation to redeem 100% of the Company’s public shares if it
has not consummated an initial business combination within 24 months from the closing of the IPO or with respect to any other material
provisions relating to shareholders’ rights or pre-initial business combination activity.

On
May 15, 2025, the Company issued a press release announcing the pricing of the IPO, a copy of which is attached as Exhibit 99.1 to this
Current Report on Form 8-K.

On
May 19, 2025, the Company issued a press release announcing the closing of the IPO, a copy of which is attached as Exhibit 99.2 to this
Current Report on Form 8-K.