Every 8-K that Texas Ventures Acquisition III Corp Unit (TVACU) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 8-K covers material events a company has to report between its quarterly reports, so if you follow TVACU and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full TVACU filings page.
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 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.
Texas Ventures Acquisition III Corp reported that Chief Executive Officer Kevin McGurn resigned effective immediately on April 22, 2026. The company states his resignation did not result from any dispute or disagreement over operations, policies, or practices.
The board appointed Troy Rillo as the new Chief Executive Officer on the same date, and he will also continue serving as Chief Financial Officer. Rillo, 57, has been CFO since September 2025 and is a long-time partner at Yorkville Advisors with extensive corporate finance and securities law experience.
Rillo holds several leadership roles at Yorkville affiliates and other acquisition vehicles, and is a partner of Yorkville Advisors, an affiliate of the company’s sponsor. The filing notes no new employment agreement or compensatory arrangement tied to his CEO appointment, and no family relationships or related-party transactions beyond those previously disclosed.