Texas Ventures Acquisition III issues $250,000 working capital note to Yorkville Acquisition Sponsor II

Bitget2026/10/08 10:04

Texas Ventures Acquisition III issued a $250,000 convertible unsecured promissory note to Yorkville Acquisition Sponsor II on Sept. 30, 2026. Working Capital Note carries no interest; repayment due at a business combination close or upon winding up. Sponsor can convert at closing into up to 25,000 private placement-style units at $10.00 per unit, rounded down. Each unit includes one Class A share plus half a redeemable warrant; whole warrant exercises at $11.50 per share. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Texas Ventures Acquisition III Corp. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001104659-26-114460), on October 08, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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