Welcome to our dedicated page for Texas Ventures Acquisition III SEC filings (Ticker: TVA), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
The Texas Ventures Acquisition III Corp (TVA) SEC filings page on Stock Titan provides access to the company’s regulatory documents as filed with the U.S. Securities and Exchange Commission. As a Nasdaq-listed special purpose acquisition company (SPAC), Texas Ventures Acquisition III Corp files periodic and current reports that describe its capital structure, sponsor arrangements, governance changes, and progress toward a future business combination.
Investors can review annual and quarterly reports, such as Form 10-K and Form 10-Q, to understand how the SPAC accounts for the proceeds from its initial public offering and private placement of warrants, the operation of its trust account, and any updates on its search for a target in the industrial technology space. These filings also detail risk factors, governance provisions, and the rights of public shareholders in connection with potential mergers, share exchanges, or similar transactions.
Current reports on Form 8-K are especially important for Texas Ventures Acquisition III Corp. One such filing describes a Purchase Agreement under which Yorkville Acquisition Sponsor II, LLC acquired Class B ordinary shares and private placement warrants from the prior sponsor and became the new sponsor of the company. The same report outlines the resignation of the prior board and officers, the appointment of a new board and management team, and the company’s intention to do business under the name “Yorkville Acquisition II” and later change its name when soliciting approval of its initial business combination.
The company has also filed a Form 12b-25 (Notification of Late Filing), explaining that additional time was needed to finalize disclosure regarding the Purchase Agreement in its quarterly financial statements. This type of filing helps users understand timing considerations around TVA’s periodic reports and confirms whether the company expects to file within the allowed extension period.
On Stock Titan, these filings are supplemented by AI-powered summaries that highlight key terms, structural features, and material changes described in each document. Users can quickly see which filings relate to sponsor changes, trust account arrangements, listing details for TVA, TVACU, and TVACW, or other significant corporate events, while still having direct access to the full SEC texts for deeper analysis.
Texas Ventures Acquisition III Corp (TVA) is party to a proposed business combination under which Plus Automation, Inc. (PlusAI) plans to become a publicly listed company at a pre-money valuation of approximately $800 million. The transaction potentially brings up to about $300 million in capital, including over $60 million of fully committed financing and the Texas Ventures trust of approximately $236 million, to support PlusAI’s commercialization roadmap. PlusAI reports having generated $25 million in revenue through HyperFoundry™ and is targeting $40–50 million in contracted revenue for 2026, alongside a targeted 2027 launch of factory-built autonomous trucks powered by SuperDrive™.
Texas Ventures Acquisition III Corp (TVA) is pursuing a planned business combination with Plus Automation, Inc. (PlusAI), an autonomous trucking software company. The deal values PlusAI at approximately $800 million and is expected to provide up to around $300 million in capital from a mix of fully committed financing and TVA’s SPAC trust.
PlusAI develops AI software for autonomous trucks, centered on its SuperDrive Level 4 virtual driver and its HyperFoundry data and simulation platform. Management highlights existing global OEM partnerships, trucks already running commercial freight routes in Texas, current revenue from HyperFoundry, and a targeted 2027 commercial launch of factory-built autonomous trucks. PlusAI estimates that a deployment of 25,000 trucks using SuperDrive could generate $1 billion in annual revenue, while HyperFoundry represents a $50–100 million annual revenue opportunity.
Texas Ventures Acquisition III Corp (TVA) announced a definitive agreement to merge with Plus Automation, Inc. in a de‑SPAC transaction valuing Plus at a pre‑money equity value of $800,000,000. TVA will domesticate from the Cayman Islands to Delaware and be renamed PlusAI Holdings, Inc. before closing.
Plus stockholders and vested equityholders will receive shares of TVA common stock based on an Exchange Ratio derived from the $800 million equity value and a $10.00 reference price, with dual‑class voting (Class A one vote, Class B twenty votes, Class C one‑quarter vote). Eligible pre‑closing Company securityholders may also receive up to 70,000,000 additional earnout shares over up to five years if post‑merger share price targets or change‑of‑control thresholds are met.
To support the transaction, TVA arranged a $63,888,888 senior guaranteed convertible note financing (10% original issue discount, $57,500,000 cash proceeds) plus a roughly $4.0 million PIPE in common stock and warrants, and a prepaid forward purchase agreement on up to 1,050,000 shares. Closing is subject to shareholder approvals, Nasdaq listing of Class A common stock, a minimum of $40,000,000 available cash (which may be waived) and other customary SPAC conditions, including at least $5,000,001 of net tangible assets.
Texas Ventures Acquisition III Corp (TVA) announced a definitive business combination with Plus Automation, Inc. (PlusAI), valuing PlusAI at a pre-money equity value of $800 million. TVA will domesticate from the Cayman Islands to Delaware and, after closing, the combined company is expected to operate as PlusAI (PlusAI Holdings, Inc.).
PlusAI equityholders will receive shares of three classes of common stock in the domesticated SPAC based on an Exchange Ratio derived from the $800 million valuation, with Class B carrying 20 votes per share and Class C 0.25 votes per share. Eligible pre‑closing holders may receive up to 70,000,000 Earnout Shares over up to five years if share‑price targets are met.
To support the transaction, TVA arranged a $63,888,888 Senior Guaranteed Convertible PIK Note financing (10% original issue discount, $57.5 million net cash proceeds), a ~$4.0 million PIPE, and an OTC equity prepaid forward for up to 1,050,000 shares. Closing is conditioned, among other items, on at least $40 million of cash from the trust and these financings and a minimum of $5,000,001 in net tangible assets.
Texas Ventures Acquisition III Corp (TVA) reported that Scott Glabe has filed an initial statement of beneficial ownership on Form 3 in his capacity as a director of the company. The filing does not list any reportable holdings or transactions in TVA securities at this time.
Texas Ventures Acquisition III Corp (TVA) reported a board and committee leadership change. On August 14, 2026, Omar Hasan resigned as a director, Chair of the Audit Committee, and member of the Compensation Committee, effective the same date. The company states that his resignation was not due to any dispute or disagreement regarding operations, policies, or practices and acknowledged his service. On August 17, 2026, the Board appointed existing director Scott Glabe to serve on both the Audit Committee and Compensation Committee and named him Chair of the Audit Committee, effective that date, maintaining committee leadership and continuity in board oversight.
Meteora Capital, LLC and its managing member Vik Mittal report beneficial ownership of Class A Common Stock of Texas Ventures Acquisition III Corp. They disclose beneficial ownership of 1,165,475 shares, representing 5.18% of the Class A Common Stock.
The reporting persons have shared voting power and shared dispositive power over all 1,165,475 shares and no sole voting or dispositive power. The shares are held by certain funds and managed accounts for which Meteora Capital serves as investment manager, and the filing states it should not be construed as an admission of beneficial ownership for Section 13 purposes.
Texas Ventures Acquisition III Corp., a Cayman Islands SPAC, reported net income of $1.35 million for the quarter and $0.88 million for the six months ended June 30 2026, driven entirely by interest income on funds in its trust account. The company has not generated operating revenues and incurred $3.24 million in general and administrative expenses in the first half of 2026 as it pursues a business combination.
As of June 30 2026, cash outside the trust was $256,897, investments in the trust totaled $236.58 million, and there was a working capital deficiency of $2.48 million. Management states that limited liquidity, together with being within one year of mandatory liquidation if no deal is completed within the 18‑month combination period, raises substantial doubt about the company’s ability to continue as a going concern. The trust holds 22,500,000 Class A shares at a redemption value of $10.51 per share, while 7,500,000 Class B founder shares and 18,818,750 warrants remain outstanding.
Texas Ventures Acquisition III Corp reported an insider-related purchase of its Class A ordinary shares. On February 27, 2026, YA II PN, Ltd. bought 125,000 Class A ordinary shares in an open-market transaction at $10.4785 per share, bringing its reported holdings to 1,050,000 shares held indirectly. Investment decisions for YA II PN are made by Mark Angelo through Yorkville-managed entities, and he may be deemed to beneficially own these securities, although he disclaims beneficial ownership beyond his pecuniary interest.
Texas Ventures Acquisition III Corp: a joint Schedule 13G/A was filed reporting beneficial ownership stakes held by First Trust entities. As of March 31, 2026, First Trust Merger Arbitrage Fund 2 owned 536,129 shares (2.38%), and First Trust Capital Management L.P./affiliates reported 644,953 shares (2.87%).
The filing states these Reporting Persons have sole voting and sole dispositive power over the reported shares and that the holdings represent ownership of 5% or less of the class.