secwatch.observer — SEC 8-K summary
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Issuer:     Texas Ventures Acquisition III Corp (TVA)
CIK:        0002033991
Form:       8-K
Filed at:   2026-10-21T20:07:42+00:00
Accession:  0001104659-26-117837
Event type: debt
Sentiment:  neutral
Materiality: 0.30
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4.1-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2033991/000110465926117837/0001104659-26-117837-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2033991/000110465926117837/tm2628055d2_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-26-117837

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