---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-26-104858"
form_type: "8-K"
ticker: "TVA"
cik: "0002033991"
company_name: "Texas Ventures Acquisition III Corp"
filed_at: "2026-09-03T01:45:30+00:00"
generated_at: "2026-09-03T10:05:28.607389+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# TVA SPAC to merge with Plus Automation at $800M pre-money; combined company to be PlusAI Holdings

## Summary
- Deal values Plus Automation at $800M pre-money; exchange ratio based on $10.00 per share.
- Up to 70M earnout shares in three tranches tied to VWAP price targets over 5 years.
- Closing requires ≥$40M cash from trust, PIPE, and convertible note; TVA net tangible assets ≥$5,000,001.
- TVA to domesticate to Delaware and rename PlusAI Holdings, Inc.; deadline Oct 24, 2026, extendable to Jun 2, 2027.
- Sponsor Yorkville Acquisition Sponsor II agrees to vote for deal and cover SPAC expenses over $7.5M.

## SEC filing metadata
- accession: 0001104659-26-104858
- form_type: 8-K
- ticker: TVA
- cik: 0002033991
- company_name: Texas Ventures Acquisition III Corp
- filed_at: 2026-09-03T01:45:30+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 1.01, 3.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/2033991/000110465926104858/0001104659-26-104858-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/2033991/000110465926104858/tm2619716d3_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-26-104858
- JSON: https://secwatch.observer/filing/0001104659-26-104858.json
- Plain text: https://secwatch.observer/filing/0001104659-26-104858.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.