Company: WENNU
Filing Date: 2025-03-28
Form Type: DRS/A
Source: 0001013762-25-004273
Chunk: 118

Company: WEN Acquisition Corp
Filing Date: 2025-03-28
Form: DRS/A
Chunk 118
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 value of approximately $7.64 per share upon consummation of our initial business combination, which would be an approximate 30.9% decrease as compared to the initial implied value per public share of $10.00.

| Public shares                                                                       
 Founder shares                                                                      
 Total shares                                                                        |     |   |  20,000,000 
   5,000,000 
  25,000,000 |
|:------------------------------------------------------------------------------------|:----|:--|------------:|
| Total funds in trust available for initial business combination                     |     | $ | 191,000,000 |
| Public shareholders’ investment per Class A ordinary share(1)                       |     | $ |       10.00 |
| Sponsor’s investment per Class B ordinary share(2)                                  |     | $ |       0.004 |
| Initial implied value per public share                                              |     | $ |       10.00 |
| Implied value per public share upon consummation of initial business combination(3) |     | $ |        7.64 |

____________ (1)While the public shareholders’ investment is in both the public shares and the public warrants, for purposes of this table the full investment amount is ascribed to the public shares only. (2)The total investment in the equity of the company by the sponsor and Cantor Fitzgerald & Co. is $6,025,000, consisting of (i) $25,000 paid by the sponsor for the founder shares, (ii) $4,000,000 paid by the sponsor for 4,000,000 private placement warrants and (iii) $2,000,000 paid by Cantor Fitzgerald & Co. for 2,000,000 private placement warrants. For purposes of this table, the full investment amount is ascribed to the founder shares only. (3)All founder shares would automatically convert into Class A ordinary shares upon completion of our initial business combination or earlier at the option of the holder. Based on these assumptions, each Class A ordinary share would have an implied value of $7.64 per share upon completion of our initial business combination, representing an approximately 23.6% decrease from the initial implied value of $10.00 per public share. While the implied value of $7.64 per Class A ordinary share upon completion of our initial business combination would represent a dilution to our public shareholders, this would represent a significant increase in value for our sponsor relative to the price it paid for each