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AI brief of an SEC Form 8-K · Texas Ventures Acquisition III Corp (TVA)

Texas Ventures Acquisition III issues $250,000 convertible working capital note to sponsor

Neutral Impact 2 of 5 financing Written later

Texas Ventures Acquisition III Corp, a blank check company, issued a $250,000 convertible, non-interest-bearing note to its sponsor, Yorkville Acquisition Sponsor II, LLC, on September 30, 2026, to provide working capital. The note is repayable only at the earlier of an initial business combination or the effective date of the company's winding up, and the sponsor may convert it into private placement-style units at $10.00 per unit upon a business combination.

Key points

  • Principal amount of $250,000 issued September 30, 2026 to Yorkville Acquisition Sponsor II, LLC
  • No interest accrues; repayment due at the earlier of an initial business combination or effective winding up
  • Convertible at the sponsor's election at $10.00 per unit, up to a maximum of 25,000 New Units
  • Each New Unit includes one Class A ordinary share and one-half of one warrant exercisable at $11.50

The filing

CompanyTexas Ventures Acquisition III Corp (TVA)
Form8-K, current report
Filed with the SECOct 7, 2026, 9:04 PM ET
Accession number0001104659-26-114460

Items reported: 1.01 Material Definitive Agreement2.03 New Direct Financial Obligation3.02 Unregistered Equity Sale

Read the filing on SEC.gov ↗

Written by AI on Nov 9, 2026, 11:46 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on October 07, 2026.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.