Texas Ventures Acquisition III Corp Announces the Separate Trading of its Class A Ordinary Shares and Warrants, Commencing May 16, 2025

Rhea-AI Summary

Texas Ventures Acquisition III Corp (Nasdaq: TVA) has announced that starting May 16, 2025, holders of units from its initial public offering can begin trading the company's Class A ordinary shares and warrants separately. The Class A ordinary shares and warrants will trade on the Nasdaq Global Market under the symbols "TVA" and "TVACW" respectively, while unseparated units will continue trading under "TVACU". Only whole warrants will be tradeable, with no fractional warrants being issued upon unit separation.

New York, NY, May 14, 2025 (GLOBE NEWSWIRE) -- Texas Ventures Acquisition III Corp (Nasdaq: TVACU) (the “Company”) announced today that, commencing May 16, 2025, holders of the units sold in the Company’s initial public offering may elect to separately trade the Company’s Class A ordinary shares and warrants included in the units. No fractional warrants will be issued upon separation of the units and only whole warrants will trade. The Class A ordinary shares and warrants that are separated will trade on the Nasdaq Global Market under the symbols “TVA” and “TVACW,” respectively. Those units not separated will continue to trade on the Nasdaq Global Market under the symbol “TVACU.”

This press release shall not constitute an offer to sell or the solicitation of an offer to buy the securities of the Company, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

About Texas Ventures Acquisition III Corp

Texas Ventures Acquisition III Corp is a special purpose acquisition company incorporated under the laws of Cayman Islands for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. The Company may pursue an acquisition opportunity in any business, industry or geographical location.

Forward-Looking Statements

This press release may include, and oral statements made from time to time by representatives of the Company may include, “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Statements regarding possible business combinations and the financing thereof, and related matters, as well as all other statements other than statements of historical fact included in this press release are forward-looking statements. When used in this press release, words such as “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “might,” “plan,” “possible,” “potential,” “predict,” “project,” “should,” “would” and similar expressions, as they relate to us or our management team, identify forward-looking statements. Such forward-looking statements are based on the beliefs of management, as well as assumptions made by, and information currently available to, the Company’s management. Actual results could differ materially from those contemplated by the forward-looking statements as a result of certain factors detailed in the Company’s filings with the Securities and Exchange Commission (“SEC”). All subsequent written or oral forward-looking statements attributable to us or persons acting on our behalf are qualified in their entirety by this paragraph. Forward-looking statements are subject to numerous conditions, many of which are beyond the control of the Company, including those set forth in the Risk Factors section of the Company’s registration statement and prospectus for the Company’s initial public offering filed with the SEC. The Company undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.

Company Contact

Texas Ventures Acquisition III Corp
E. Scott Crist
scott@texasventures.com
713-599-1300

FAQ

When will Texas Ventures Acquisition III Corp (TVA) begin separate trading of shares and warrants?

Texas Ventures Acquisition III Corp will begin separate trading of its Class A ordinary shares and warrants on May 16, 2025.

What are the trading symbols for Texas Ventures Acquisition III Corp's securities?

The Class A ordinary shares will trade as 'TVA', warrants as 'TVACW', and units will continue trading as 'TVACU' on the Nasdaq Global Market.

Can investors trade fractional warrants of Texas Ventures Acquisition III Corp (TVA)?

No, only whole warrants will be tradeable, and no fractional warrants will be issued upon separation of the units.

Where will Texas Ventures Acquisition III Corp's (TVA) securities trade?

All securities will trade on the Nasdaq Global Market.