Company: WENNU
Filing Date: 2025-02-25
Form Type: DRS
Source: 0001213900-25-016948
Chunk: 27

Company: WEN Acquisition Corp
Filing Date: 2025-02-25
Form: DRS
Chunk 27
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 the issuance of equity or equity -linkedsecurities or through loans, advances or other indebtedness in connection with our initial business combination, including pursuant to forward purchase agreements or backstop agreements we may enter into following consummation of this offering. Subject to compliance with applicable securities laws, we would only complete such financing simultaneously with the completion of our initial business combination. If we are unable to complete our initial business combination because we do not have sufficient funds available to us, we will be forced to liquidate the trust account. In addition, following our initial business combination, if cash on hand is insufficient, we may need to obtain additional financing in order to meet our obligations. Sponsor Information Our sponsor is a Delaware limited liability company, which was formed to invest in our company. Although our sponsor is permitted to undertake any activities permitted under the Delaware Limited Liability Company Act and other applicable law, our sponsor’s business is focused on investing in our company. Ryan Gilbert and Shami Patel, our advisors, are the managing members of Wen Management Sponsor LLC (“WMS”), the sole managing member of our sponsor and hold voting and investment discretion with respect to the ordinary shares held of record by the sponsor. All of our directors, officers and advisors are members of WMS. Our officers, directors and advisors will collectively receive an indirect interest in approximately 54% of the founder shares held by our sponsor and approximately 23.1% of the private placement warrants held by our sponsor through membership interests in WMS. Other third -partyaccredited investors with pre -existingbusiness relationships with our management team and sponsor own an indirect interest in approximately 46% of the founder shares held by our sponsor and approximately 76.9% of the private placement warrants held by our sponsor. As of the date of this prospectus, other than our advisors, no other person has a direct or indirect material interest in our sponsor. Other than our management team, none of the other members of our sponsor will participate in our company’s activities or have any right to control the sponsor or participate in any decision regarding the disposal of any security held by the sponsor, or otherwise. 10

The following table sets forth the payments to be received by our sponsor and its affiliates from us prior to or in connection with the completion of our initial business combination and the securities issued and to be issued by us to our sponsor or its affiliates:

| Entity/Individual                                                             |     | Amount of Compensation to be Received or                                                                                                                        
 Securities Issued or to be Issued                                                                                                                               |     |