secwatch.observer — SEC 8-K summary
======================================

Issuer:     Texas Ventures Acquisition III Corp (TVA)
CIK:        0002033991
Form:       8-K
Filed at:   2026-11-10T21:15:17+00:00
Accession:  0001104659-26-125186
Event type: debt
Sentiment:  neutral
Materiality: 0.30
Item codes: 1.01, 2.03, 3.02, 9.01
LLM model:  deepseek-v4.1-flash:cloud@v2

Texas Ventures Acquisition III upsizes sponsor note to $750K convertible at $10 per unit
--------------------------------------------------------------------------------

- Amended and restated convertible unsecured note dated Nov 8, 2026 raises principal to up to $750,000 from $250,000 after Yorkville Acquisition Sponsor II agreed to lend up to $500,000 more.
- Note bears no interest; principal is payable on the earlier of consummation of the initial business combination or the effective date of the company's winding up.
- Sponsor may convert at $10.00 per unit into up to 75,000 New Units (one Class A share plus one-half warrant at $11.50 strike), exercisable 30 days after the business combination.
- Sponsor waives claims against the IPO trust account, but the note is repayable from trust proceeds released at closing; principal is prepayable at the company's election.
- Issued under Section 4(a)(2); amends and replaces the $250,000 note dated Sept 30, 2026, signed by CEO/CFO Troy Rillo.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2033991/000110465926125186/0001104659-26-125186-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2033991/000110465926125186/tm2629453d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-26-125186

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer