Company: WENNU
Filing Date: 2025-04-30
Form Type: S-1
Source: 0001213900-25-037753
Chunk: 170

Company: WEN Acquisition Corp
Filing Date: 2025-04-30
Form: S-1
Chunk 170
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 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.” 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 and grow free cashflow .We are looking for growing companies which are cashflow positive and have an ability to show consistent margin integrity. We are attracted to recurring revenue and platform businesses with efficient operating leverage, customer acquisition and cross -sellingopportunities. • Strong management .We are looking for a proven management team with a track record of executing and growing platforms who can credibly operate within public markets. • Advantages to being a public company .We intend to seek companies that would benefit from being part of the public capital markets. Such benefits could include greater and more efficient access to equity or debt capital, as well as public stock to execute a consolidation or roll -upstrategy and better attract and retain employees. 108 • Defensible and competitive advantage which leverage blockchain technology .We intend to look for companies whose products and services are defensible and afford a differentiation solution to customers driven by new blockchain and digital asset technologies. Companies which could be attractive to us may have a pricing, solution or timing advantage to others in the marketplace. These criteria are not intended to be