Texas Ventures Acquisition III Corp TVA
We are a blank check company incorporated on July 26, 2024, as a Cayman Islands exempted company with no material operations of our own. We were formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses (the "Business Combination"). We may pursue an initial Business Combination in any business or industry. Our units include shares of a Cayman Islands blank check company instead of the shares of the operating entities with whom we may combine.
As of December 31, 2025, the Company has not commenced any operations. All activity for the period from July 26, 2024 (inception) through December 31, 2025, relates to the Company's formation, the initial public offering (the "Initial Public Offering" or "IPO"), as defined below, and activities associated with identifying and negotiating a potential Business Combination. The Company will not generate any operating revenues until after the completion of its initial Business Combination, at the earliest. The Company generates non-operating income in the form of interest income from the proceeds derived from our Initial Public Offering. The Company has selected December 31 as its fiscal year end.
Valuation FY2025 figures against the last close
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 |
|---|---|---|
| Total operating expenses | $718.9K | — |
| Net income | $5.9M | — |
Balance sheet
| Fiscal year | FY2025 | FY2024 |
|---|---|---|
| Cash and equivalents | $856.1K | $2.2K |
| Total current assets | $958.6K | $6.8K |
| Total assets | $233.5M | $255.2K |
| Total current liabilities | $233.9K | $275.0K |
| Total liabilities | $9.2M | $275.0K |
| Retained earnings | -$9.9M | -$44.7K |
| Total equity | -$8.2M | $0 |
Cash flow
| Fiscal year | FY2025 | FY2024 |
|---|---|---|
| Operating cash flow | -$438.0K | — |
| Investing cash flow | -$226.1M | — |
| Financing cash flow | $227.4M | — |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001104659-26-043863.
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