---
schema_version: "secwatch.filing_event.v1"
accession: "0001731122-24-000324"
form_type: "8-K"
ticker: null
cik: "0001865191"
company_name: "TG Venture Acquisition Corp."
filed_at: "2024-02-28T23:59:59+00:00"
generated_at: "2026-06-05T09:35:39.728675+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# TG Venture Acquisition (TGVC) terminates business combination with Flexi; explores legal remedies

## Summary
- Flexi terminated business combination agreement on Feb 22, 2024 due to failure to close by May 5, 2023.
- TGVC canceled special meeting scheduled for March 1, 2024 and withdrew all related proposals.
- Redemption of Class A shares in connection with the deal will not occur; already-submitted shares will be returned.
- TGVC intends to vigorously protect its rights and explore legal options against Flexi.

## SEC filing metadata
- accession: 0001731122-24-000324
- form_type: 8-K
- cik: 0001865191
- company_name: TG Venture Acquisition Corp.
- filed_at: 2024-02-28T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 1.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1865191/000173112224000324/0001731122-24-000324-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1865191/000173112224000324/e5455_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001731122-24-000324
- JSON: https://secwatch.observer/filing/0001731122-24-000324.json
- Plain text: https://secwatch.observer/filing/0001731122-24-000324.txt

## Key facts
- Material Agreements
  TG Venture Acquisition Corp. terminated Business Combination Agreement with The Flexi Group Limited (effective 2024-02-22).
  - Action: termination
  - Agreement: merger
  - Counterparty: The Flexi Group Limited
  - Effective: 2024-02-22
  source text: On February 22, 2024, TGVC received written notice from Flexi that Flexi had elected to terminate the Business Combination Agreement pursuant to Section 10.1(i)(ii) thereof
  evidence_url: https://www.sec.gov/Archives/edgar/data/1865191/000173112224000324/0001731122-24-000324-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.