Texas Ventures Acquisition III extends SPAC deadline to July 24, 2027; 78.66% of Class A shares redeemed

Texas Ventures Acquisition III Corp

Shareholders approved extending the business-combination deadline from October 24, 2026 to July 24, 2027; vote was 19,248,978 for and 1,628,247 against.
17,699,488 Class A shares were redeemed at approximately $10.58 per share, about 78.66% of the 22,500,000 IPO Class A shares, pulling ~$187,260,583 from the trust.
Following redemptions, 4,800,512 Class A shares remain outstanding; the trust originally held $226,125,000 ($10.05 per unit) from the April 24, 2025 IPO.
Quorum was met with 20,877,225 ordinary shares represented of 30,000,000 outstanding as of the September 25, 2026 record date; no adjournment proposal was needed.
IMTA Amendment No. 1 with Continental Stock Transfer & Trust sets the trust liquidation trigger at the later of 27 months after the offering close or the shareholder-approved date.

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