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Texas Ventures Acquisition III Corp corrects redemption price to $10.63 per share for 17.7M shares
TVATexas Ventures Acquisition III Corp
Texas Ventures Acquisition III Corp filed an amendment to a prior current report to correct the redemption price and aggregate amount paid to shareholders who elected to redeem their Class A ordinary shares in connection with an extension of the company's business combination deadline from October 2026 to July 2027. The corrected redemption price is approximately $10.63 per share, up from the previously reported $10.58, resulting in a total aggregate redemption amount of approximately $188.2 million for 17,699,488 shares redeemed. Following these redemptions, 4,800,512 Class A ordinary shares remain outstanding. The company operates as a blank check company focused on completing an initial business combination.