Texas Ventures Acquisition III extends deadline with $145,000 sponsor note
Texas Ventures Acquisition III Corp issued a $145,000 non-interest-bearing promissory note to its sponsor and deposited the funds into its trust account as the first monthly extension payment. The deposit extends the company's deadline to complete a business combination to November 24, 2026, under a shareholder-approved extension that can run monthly up to July 24, 2027.
Key points
- Non-Convertible Note issued October 20, 2026 to Yorkville Acquisition Sponsor II, LLC for $145,000
- Funds deposited into the trust account with Continental Stock Transfer & Trust Company on October 21, 2026
- Deadline extended to November 24, 2026; shareholders approved monthly extensions up to July 24, 2027 on October 19, 2026
- Note bears no interest and is payable on the earlier of a business combination or the effective winding up of the company
The filing
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 21, 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.