08/19/2025 | Press release | Distributed by Public on 08/19/2025 06:56
Item 8.01. Other Events.
PHP Ventures Acquisition Corp., a Delaware corporation (the "Company"), intends to seek stockholder approval to extend the date by which the Company must consummate an initial business combination, which expired on August 16, 2025 (the "Extension"). In connection with the Extension, on July 28, 2025, the Company filed with the U.S. Securities and Exchange Commission (the "SEC") a preliminary proxy statement (the "Preliminary Proxy Statement") relating to a special meeting of the Company's stockholders (the "Special Meeting").
The Preliminary Proxy Statement contains important information about the Extension, the Special Meeting, and related matters, and is available on the SEC's website at www.sec.gov. Stockholders of the Company are urged to read the Preliminary Proxy Statement and, when available, the definitive proxy statement and any other relevant documents filed with the SEC because they contain or will contain important information about the Extension.
In connection with its plans to extend, on August 13, 2025, the Company caused to be deposited $4,770.70 into its trust account for its public stockholders, allowing the Company to extend the date by which the Company may consummate an initial business combination by one month from August 16, 2025 to September 16, 2025.