Texas Ventures Acquisition IV Corp Announces the Pricing of $150,000,000 Initial Public Offering
Rhea-AI Summary
Texas Ventures Acquisition IV Corp (Nasdaq: TVIVU) priced a $150,000,000 initial public offering of 150,000,000 units. The units are expected to begin trading on Nasdaq on June 18, 2026, under TVIVU and close on June 22, 2026, subject to customary conditions.
Each unit includes one Class A ordinary share and one-half redeemable warrant, exercisable at $11.50 per share. The SPAC targets industrial technology businesses, including software, IoT, energy transition, logistics, cloud, cyber and 5G, and is led by CEO and Chairman E. Scott Crist.
Positive
- $150,000,000 IPO of units priced on June 17, 2026
- 150,000,000 units expected to list on Nasdaq under TVIVU
- Underwriters granted 45-day option to buy up to 2,250,000 extra units
- Clear acquisition focus on industrial technology and digital transition sectors
Negative
- None.
AI-generated analysis. How Rhea-AI works. Not financial advice.
New York, NY, June 17, 2026 (GLOBE NEWSWIRE) -- Texas Ventures Acquisition IV Corp (the “Company”) announced today the pricing of its initial public offering of 150,000,000 units. The units are expected to be listed on The Nasdaq Stock Market LLC (“Nasdaq”) and begin trading tomorrow, June 18, 2026, under the ticker symbol “TVIVU.” Each unit consists of one Class A ordinary share and one-half of one redeemable warrant, each whole warrant entitling the holder thereof to purchase one Class A ordinary share at a price of
The Company is a blank check company formed 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. The Company’s primary focus, however, will be on targets focused on industrial technology, specifically companies implementing advanced technologies including software, mobile and IoT applications, digital and energy transition and consolidation, logistics and transportation, cloud and cyber communications as well as high bandwidth services, including LTE, remote sensing and 5G communications into the industrial sector. The Company will pursue completing a business combination with a target that presents a significant value proposition to its customer marketplace, including major cost reductions in the field, substantial returns on investment (ROI), a considerable decrease in carbon footprint, and/or vast improvements in safety, compliance, and environmental protocol.
The Company’s management team is led by E. Scott Crist, its Chief Executive Officer and Chairman of the Board of Directors (the “Board”), and R. Greg Smith, its Chief Financial Officer. The Board also includes Andrew Clark, Harvin Moore, and Aruna Viswanathan.
Cohen & Company Capital Markets, a division of Cohen & Company Securities, LLC, is acting as the sole book-running manager for the offering.
The offering is being made only by means of a prospectus. When available, copies of the prospectus may be obtained from Cohen & Company Capital Markets, 3 Columbus Circle, 24th Floor, New York, NY 10019, Attention: Prospectus Department, or by email at capitalmarkets@cohencm.com.
A registration statement relating to the securities has been filed with the U.S. Securities and Exchange Commission (the “SEC”) and became effective on June 17, 2026. This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.
Forward-Looking Statements
This press release contains statements that constitute “forward-looking statements,” including with respect to the proposed initial public offering and search for an initial business combination. No assurance can be given that the offering discussed above will be completed on the terms described, or at all.
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. Copies of these documents are available on the SEC’s website, www.sec.gov. The Company undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.
Investor Contacts
Texas Ventures Acquisition IV Corp
E. Scott Crist
scott@texasventures.com
713-599-1300
