Texas Ventures III issues $145K sponsor note; SPAC deadline extended to Nov 24, 2026

Texas Ventures Acquisition III Corp

Shareholders on Oct 19, 2026 approved monthly extensions of the business-combination deadline from Oct 24, 2026 up to July 24, 2027, at $145,000 per month.
Company issued a $145,000 non-convertible promissory note dated Oct 20, 2026 to Yorkville Acquisition Sponsor II, LLC; no interest accrues.
Principal is due on the earlier of consummating an initial business combination or effective winding up; prepayable at the company's option.
On Oct 21, 2026 the $145,000 was deposited with Continental Stock Transfer & Trust as the first extension payment, moving the deadline to Nov 24, 2026.
Note holder waived all claims against the trust account; repayment comes from trust proceeds released at closing. Signed by CEO/CFO Troy Rillo.

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