Company: WENNU
Filing Date: 2025-04-30
Form Type: S-1
Source: 0001213900-25-037753
Chunk: 21

Company: WEN Acquisition Corp
Filing Date: 2025-04-30
Form: S-1
Chunk 21
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 to leveraging the contacts and relationships held by our team to identify attractive acquisition opportunities, we will also benefit from the long -standingrelationships held by members of the Solana team, some of which are our directors and some of which are indirect owners of our founder shares and private placement warrants through our sponsor. With a proven track record in identifying SPAC targets and the ability to originate deals across venture and private equity funded platforms along with self -fundedorganizations, we believe we are in a unique position to take advantage of the robust pipeline of high quality SPAC merger partners. However, we expect to encounter intense competition from other entities having a business objective similar to ours, including private investors (which may be individuals or investment partnerships), other SPACs and other entities competing for the types of businesses we intend to acquire. In recent years, the number of SPACs that have been formed has increased substantially. Because there are more SPACs seeking to enter into an initial business combination with available targets, the competition for available targets with attractive fundamentals or business models may increase, which could cause target companies to demand improved financial terms, which could increase the cost of, delay or otherwise complicate or frustrate our ability to find and consummate an initial business combination. See “ Risk Factors — Because of our limited resources and the significant competition for business combination opportunities, it may be more difficult for us to complete our initial business combination. If we are unable to complete our initial business combination, our public shareholders may receive only their pro rata portion of the funds in the trust account that are available for distribution to public shareholders, and our warrants will expire worthless ” and “ Risk Factors — As the number of SPACs evaluating targets increases, attractive targets may become scarcer and there may be more competition for attractive targets or such attractive targets may not be interested in consummating a business combination with a SPAC due to a negative public perception of mergers involving SPACs. This could increase the cost of our initial business combination and could even result in our inability to find a target or to consummate an initial business combination. ” 6 Acquisition Criteria We have identified the following general criteria and guidelines that we believe are important in evaluating prospective targets. We will use these criteria and guidelines in evaluating acquisition opportunities, but we may decide to enter into our initial business combination with a target business that does not meet these criteria and guidelines. Qualities we intend to look for in identifying SPAC merger companies include, but are not limited to, the following: • Ability to sustain