{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-25-092948","form_type":"8-K","ticker":"TVA","cik":"0002033991","company_name":"Texas Ventures Acquisition III Corp","filed_at":"2025-09-24T23:59:59+00:00","discovered_at":"2026-05-14T18:02:45.879659+00:00","generated_at":"2026-05-17T05:50:07.915524+00:00","sec_items":["1.01","5.02","1.02","5.01","9.01"],"event_type":"m_and_a","sentiment":"neutral","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"SPAC Texas Ventures III acquires new sponsor Yorkville in $7.4M control change; new board and management appointed","bullets":["Yorkville Acquisition Sponsor II purchased 7.5M Class B shares and 4.7M private warrants from prior sponsor for $7.4M.","All prior directors/officers resigned; new board includes Mark Angelo (Chairman), Devin Nunes, Scott Glabe, Lawrence Glick, Alan Garten, Omar Hasan.","Kevin McGurn named CEO; Troy Rillo named CFO; new sponsor assumes control and intends to operate as 'Yorkville Acquisition II'.","Prior sponsor's insider letter and administrative services agreement terminated upon closing.","Company holds at least $875K cash outside trust; underwriting fee waiver condition not satisfied but closing occurred anyway."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-25-092948","json":"https://secwatch.observer/filing/0001104659-25-092948.json","markdown":"https://secwatch.observer/filing/0001104659-25-092948.md","text":"https://secwatch.observer/filing/0001104659-25-092948.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/2033991/000110465925092948/0001104659-25-092948-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/2033991/000110465925092948/tm2526796d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T05:50:07.915524+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"00da7ee19319fca339fa20529294dcfad5dab432","claim":"Texas Ventures Acquisition III Corp underwent a change of control involving Yorkville Acquisition Sponsor II, LLC for $7,400,000 (closed 2025-09-18).","evidence_excerpt":"entitling the holder to purchase one Class A ordinary share, par value US$0.0001 per share, of the Company (the “Class B Ordinary Shares”), for an aggregate purchase price of $7,400,000 and (ii) upon closing, became the sponsor of the Company (together, the “Purchase”). As a condition to consummation of the Purchase, all of the then-existing members of the Board","evidence_source":"SEC 8-K Item 2.01/5.01","evidence_url":"https://www.sec.gov/Archives/edgar/data/2033991/000110465925092948/0001104659-25-092948-index.htm","confidence":0.9,"family_label":"M&A Transactions","details":[{"label":"Action","value":"change of control"},{"label":"Counterparty","value":"Yorkville Acquisition Sponsor II, LLC"},{"label":"Consideration","value":"$7,400,000"},{"label":"Closing","value":"2025-09-18"}],"fact_type":"ma_transaction"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}