| Balance Sheets | 2025-09-30 | 2025-06-30 | ||
|---|---|---|---|---|
| Cash | 876,477 | 969,890 | ||
| Prepaid expenses | 127,548 | 152,698 | ||
| Total current assets | 1,004,025 | 1,122,588 | ||
| Prepaid expenses, non-current | 58,333 | 83,333 | ||
| Deferred offering costs | - | 0 | ||
| Investments held in trust account | 230,239,464 | 227,858,912 | ||
| Total assets | 231,301,822 | 229,064,833 | ||
| Promissory note related party-Related Party | - | 0 | ||
| Accrued expenses | 19,912 | 50,211 | ||
| Accrued offering costs | - | 1,402 | ||
| Total current liabilities | 19,912 | 51,613 | ||
| Warrant liability | 6,133,664 | 2,664,318 | ||
| Deferred underwriting commissions | 9,000,000 | 9,000,000 | ||
| Total liabilities | 15,153,576 | 11,715,931 | ||
| Class a ordinary shares subject to possible redemption 22,500,000 and 0 shares (at redemption value of 10.23 and 0) at september 30, 2025 and december 31, 2024, respectively-Common Class A | 230,239,464 | 227,858,912 | ||
| Ordinary shares-Common Class B | 750 | 750 | ||
| Ordinary shares-Common Class A | - | 0 | ||
| Additional paid-in capital | - | 0 | ||
| Accumulated deficit | -14,091,968 | -10,510,760 | ||
| Total shareholders' deficit | -14,091,218 | -10,510,010 | ||
| Total liabilities and shareholders' deficit | 231,301,822 | 229,064,833 | ||
Texas Ventures Acquisition III Corp (TVACU)
Texas Ventures Acquisition III Corp (TVACU)