secwatch.observer — SEC 8-K summary
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Issuer:     Texas Ventures Acquisition III Corp (TVA)
CIK:        0002033991
Form:       8-K
Filed at:   2025-09-24T23:59:59+00:00
Accession:  0001104659-25-092948
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.85
Item codes: 1.01, 5.02, 1.02, 5.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

SPAC Texas Ventures III acquires new sponsor Yorkville in $7.4M control change; new board and management appointed
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2033991/000110465925092948/0001104659-25-092948-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2033991/000110465925092948/tm2526796d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-25-092948

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