For Q1 FY2026 ended March 31, 2026, Texas Ventures Acquisition III Corp reported a net loss of $472,477, a significant increase from the prior year. Diluted EPS was -$0.01. Cash stood at $473,633, while shareholders' equity was negative at -$10,758,374. The company had no revenue.
•Net loss of $472,477, up 1,093% year-over-year.
•Diluted EPS of -$0.01.
•Cash of $473,633; negative equity of -$10.8 million.
•No revenue reported.
Informational summary based on SEC XBRL figures · generated by deepseek-v4-flash. Not investment advice.
Texas Ventures Acquisition III does not have significant operations. It focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses in any business or industry. The company was incorporated in 2024 and is based in Mountainside, New Jersey.
What does Texas Ventures Acquisition III Corp (TVA) do?
Texas Ventures Acquisition III Corp is a blank check company, also known as a special purpose acquisition company (SPAC). It does not have significant operations of its own. Instead, its business purpose is to identify and complete a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. The company can pursue a target in any business or industry, meaning it has not yet selected a specific sector for acquisition. Essentially, TVA is a shell company formed to raise capital through an initial public offering (IPO) and then use that capital to acquire an existing private company, taking it public.
On which stock exchange is Texas Ventures Acquisition III Corp (TVA) listed and in what currency?
Texas Ventures Acquisition III Corp is listed on the Nasdaq Global Market (NasdaqGM) under the ticker symbol TVA. The company trades in U.S. dollars (USD), which is the standard currency for stocks listed on U.S. exchanges. Being listed on Nasdaq provides the company with visibility among institutional and retail investors, and it must comply with Nasdaq's listing requirements, including corporate governance and financial reporting standards.
What sector and industry does Texas Ventures Acquisition III Corp (TVA) belong to?
Texas Ventures Acquisition III Corp operates in the Financial Services sector, specifically within the Shell Companies industry. Shell companies are entities that have no active business operations or significant assets. They are often created for the purpose of raising funds through an IPO and then acquiring or merging with an operating business. In TVA's case, it is a SPAC, which is a type of shell company that uses the proceeds from its IPO to acquire a private company, thereby taking it public without going through the traditional IPO process.
Where is Texas Ventures Acquisition III Corp (TVA) headquartered?
Texas Ventures Acquisition III Corp is headquartered in Mountainside, New Jersey, United States. The company was incorporated in 2024, making it a relatively new entity. Its location in New Jersey places it near major financial markets in the northeastern United States, including New York City. As a SPAC, its physical headquarters may not reflect where its future target company operates, as the acquisition target could be based anywhere.