Texas Ventures Acquisition III Corp Completes $225 Million

From GlobeNewswire: 2025-04-24 12:50:00

Texas Ventures Acquisition III Corp has closed its initial public offering of 22,500,000 units, priced at $10.00 per unit, raising gross proceeds of $225,000,000. The units began trading on Nasdaq under the symbol “TVACU” and include one Class A ordinary share and one-half of one redeemable warrant. $226,125,000 was placed in trust from the offering and private placement of warrants. The company, led by CEO E. Scott Crist, focuses on industrial technology and plans to pursue a merger or acquisition in the sector. Cohen & Company Capital Markets acted as the lead book-running manager for the offering.



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