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

Issuer:     Texas Ventures Acquisition III Corp (TVA)
CIK:        0002033991
Form:       8-K
Filed at:   2025-04-28T23:59:59+00:00
Accession:  0001213900-25-036074
Event type: other_material
Sentiment:  neutral
Materiality: 0.70
Item codes: 1.01, 3.02, 5.02, 5.03, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Texas Ventures III closes $225M SPAC IPO; trust funded with $226.1M
-------------------------------------------------------------------

- Closed IPO of 22.5M units at $10/unit, including 2.5M over-allotment units; gross proceeds of $225M.
- Private placement of 7,568,750 warrants at $1 each to sponsor and underwriters; total $7.57M.
- Trust account funded with $226.125M ($10.05 per unit); proceeds held for initial business combination.
- Board appointed: CEO E. Scott Crist, CFO R. Greg Smith, Directors Andrew Clark, Harvin Moore, Aruna Viswanathan.
- Target focus on industrial technology: software, IoT, energy transition, logistics, 5G communications.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2033991/000121390025036074/0001213900-25-036074-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2033991/000121390025036074/ea0239616-8k_texas3.htm
  HTML page:      https://secwatch.observer/filing/0001213900-25-036074

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