Texas Ventures Acquisition III Corp (TVA) is the issuer of Class A shares for which Harraden Circle Investments, LLC and Frederick V. Fortmiller, Jr. report beneficial ownership of 623,624 shares, or 12.99% of the class. They report shared voting and dispositive power over all 623,624 shares and no sole voting or dispositive power. Harraden Circle Investments serves as investment manager to the funds holding the shares. Certain listed funds have rights to dividends or sale proceeds, and Harraden Circle Investors, LP's interest exceeds 5% of the class.
Texas Ventures Acquisition III Corp (TVA) issued a $145,000 non-convertible promissory note to Yorkville Acquisition Sponsor II, LLC, its sponsor, in exchange for the sponsor’s funding of $145,000 to the company. The note does not accrue interest and is payable when the company consummates its initial business combination or when its winding up becomes effective, whichever occurs first.
On October 19, 2026, shareholders approved monthly extensions of the business-combination deadline from October 24, 2026, up to July 24, 2027. The company deposited the note’s $145,000 principal into its trust account on October 21, 2026, as the first monthly extension payment, extending the deadline to November 24, 2026. Each monthly payment is due no later than two business days before the 24th of the applicable month.
Texas Ventures Acquisition III Corp corrected its reported redemption terms: shareholders elected to redeem 17,699,488 Class A ordinary shares at approximately $10.63 per share, for an aggregate redemption amount of approximately $188,177,658. These figures replace the previously reported approximate price of $10.58 per share and aggregate amount of approximately $187,260,583.
At the October 19, 2026 extraordinary general meeting, shareholders approved extending the deadline to complete an initial business combination from October 24, 2026 to July 24, 2027.
On September 30, 2026, Texas Ventures Acquisition III Corp (TVA) issued a $250,000 unsecured convertible promissory note to Yorkville Acquisition Sponsor II, LLC, its sponsor, for additional working capital. The note does not accrue interest and is payable on the earlier of the Company’s consummation of its initial business combination or the date its winding up becomes effective. At the sponsor’s election upon consummation of the initial business combination, the elected principal amount converts at $10.00 per unit, rounded down to whole units, into up to 25,000 units. Each unit consists of one Class A ordinary share and one-half of one redeemable warrant. Each whole warrant entitles its holder to purchase one Class A ordinary share for $11.50, becomes exercisable beginning 30 days after completion of the initial business combination, subject to its terms and conditions, and expires five years after consummation or earlier upon redemption or liquidation.
Texas Ventures Acquisition III Corp issued a $250,000 convertible promissory note to Yorkville Acquisition Sponsor II, LLC on September 30, 2026, to provide additional working capital. All amounts due under the note may be converted, at the Sponsor’s election upon consummation of the initial business combination, into 25,000 units. Each unit consists of one Class A ordinary share and one-half of one warrant; conversion would yield 25,000 ordinary shares and warrants to purchase 12,500 ordinary shares. Mark Angelo, a director and ten-percent owner, may be deemed to beneficially own the Sponsor’s securities and disclaims beneficial ownership except to the extent of his pecuniary interest.
Texas Ventures Acquisition III Corp (TVA) is asking shareholders to approve amendments that would extend its business-combination deadline and the trust account’s liquidation date from October 24, 2026, to July 24, 2027, at an extraordinary general meeting on October 19, 2026. Both amendment proposals must pass for the extension to take effect; the board will abandon both if either fails. TVA signed a merger agreement with Plus Automation, Inc. on September 2, 2026, but this meeting does not seek approval of that transaction; a separate shareholder vote is planned. The adjournment proposal would be presented only if votes are insufficient or the board determines it is otherwise necessary.
Public shareholders, except the Sponsor Affiliate, may elect to redeem all or part of their shares regardless of how they vote. Based on $238,022,612 in the trust account as of August 31, 2026, TVA anticipates a redemption price of approximately $10.58 per share at the meeting; elections are due by 5:00 p.m. Eastern Time on October 15, 2026. If the proposals pass, non-redeeming shareholders retain redemption rights at a future business-combination vote and if no combination is completed by the extended deadline. Redemptions could reduce trust funds; financing agreements are expected to satisfy the deal’s minimum-cash condition, but TVA says additional funds may be needed if they do not.
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.