For the quarter ending 2026-03-31, TVACU has $235,151,195 in assets. $11,405,026 in debts.
| Balance Sheets | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Cash | 473,633 | 856,131 | 876,477 | 969,890 |
| Prepaid expenses | 166,718 | 102,500 | 127,548 | 152,698 |
| Total current assets | 640,351 | 958,631 | 1,004,025 | 1,122,588 |
| Prepaid expenses, non-current | - | - | 58,333 | 83,333 |
| Deferred offering costs | - | - | - | 0 |
| Prepaid expenses, non-current | 6,301 | 33,334 | - | - |
| Investments held in trust account | 234,504,543 | 232,460,533 | 230,239,464 | 227,858,912 |
| Total assets | 235,151,195 | 233,452,498 | 231,301,822 | 229,064,833 |
| Promissory note related party-Related Party | - | - | - | 0 |
| Accounts payable | 86,976 | - | - | - |
| Accrued expenses | 2,318,050 | 231,427 | 19,912 | 50,211 |
| Accrued offering costs | - | - | - | 1,402 |
| Due to related party | - | 2,425 | - | - |
| Total current liabilities | 2,405,026 | 233,852 | 19,912 | 51,613 |
| Warrant liability | - | - | 6,133,664 | 2,664,318 |
| Deferred underwriting commissions | 9,000,000 | 9,000,000 | 9,000,000 | 9,000,000 |
| Total liabilities | 11,405,026 | 9,233,852 | 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 |
| Class a ordinary shares subject to possible redemption 22,500,000 and 0 shares (at redemption value of 10.42 and 10.33) at march 31, 2026 and december 31, 2025, respectively | 234,504,543 | 232,460,533 | - | - |
| Ordinary shares | 750 | 750 | 750 | 750 |
| Ordinary shares-Common Class A | - | - | - | 0 |
| Additional paid-in capital | - | 1,621,805 | - | 0 |
| Accumulated deficit | -10,759,124 | -9,864,442 | -14,091,968 | -10,510,760 |
| Total shareholders' deficit | -10,758,374 | -8,241,887 | -14,091,218 | -10,510,010 |
| Total liabilities, class a ordinary shares subject to possible redemption and shareholders' deficit | 235,151,195 | 233,452,498 | 231,301,822 | 229,064,833 |
Texas Ventures Acquisition III Corp (TVACU)
Texas Ventures Acquisition III Corp (TVACU)