AQR group discloses 4.66% passive stake in Texas Ventures Acquisition III (TVA)
Rhea-AI Filing Summary
AQR Capital Management and related entities report a passive stake in Texas Ventures Acquisition III Corp. The group beneficially owns 1,047,529 Class A ordinary shares, representing 4.66% of the class as of the event date. All shares are held with shared voting and shared dispositive power among AQR Capital Management, LLC, AQR Capital Management Holdings, LLC, and AQR Arbitrage, LLC.
The filers certify the shares were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of Texas Ventures Acquisition III Corp.
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FAQ
What ownership stake does AQR report in Texas Ventures Acquisition III Corp (TVA)?
AQR entities report beneficial ownership of 1,047,529 Class A ordinary shares of Texas Ventures Acquisition III Corp, representing 4.66% of the class. This stake is held with shared voting and shared dispositive power among the listed AQR entities.
Which AQR entities are included in this Schedule 13G/A for TVA?
The filing names three reporting persons: AQR Capital Management, LLC, AQR Capital Management Holdings, LLC, and AQR Arbitrage, LLC. Each reports the same 1,047,529 shares with shared voting and shared dispositive power over Texas Ventures Acquisition III Corp Class A shares.
Is AQR’s position in TVA considered passive or for control purposes?
The AQR entities certify the securities were acquired and are held in the ordinary course of business and not to change or influence control of Texas Ventures Acquisition III Corp, indicating a passive investment intent rather than an activist or control-focused position.
What percentage of Texas Ventures Acquisition III Corp does AQR’s holding represent?
The filing states that AQR’s beneficial ownership of 1,047,529 Class A ordinary shares represents 4.66% of the outstanding class. The Schedule 13G/A also notes ownership of 5 percent or less of the class, consistent with this percentage figure.
What is the relationship among the AQR entities in this TVA Schedule 13G/A?
The exhibit states AQR Capital Management, LLC is a wholly owned subsidiary of AQR Capital Management Holdings, LLC, and AQR Arbitrage, LLC is deemed controlled by AQR Capital Management, LLC. All three agree this Schedule 13G/A is filed on behalf of each party.