Texas Ventures Acquisition III Corp (TVA) Form 8-K — Oct 21, 2026
Texas Ventures Acquisition III Corp issued a $145,000 non-convertible promissory note to its sponsor, Yorkville Acquisition Sponsor II LLC, on October 20, 2026, with no interest accruing. The proceeds were deposited into the IPO trust account as the first monthly extension payment, pushing the business-combination deadline from October 24, 2026 to November 24, 2026. Shareholders previously approved monthly extensions up to July 24, 2027, each requiring a $145,000 deposit. The note is payable on the earlier of a business combination or winding up, with the sponsor waiving claims against the trust account.
Key figures
- Debt Amount
- 145000
- Interest Rate
- 0
- New deadline
- 2026-11-24
- Final extension date
- 2027-07-24
- Extension payment monthly
- 145000
AI analysis
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