TVA 10-K & 10-Q changes, risk factors and insider trading
Texas Ventures Acquisition III Corp (also TVACU, TVACW) · Nasdaq · Blank Checks · CIK 2033991 · All filings on SEC.gov
At a glance
What changed in the latest 10-K
Comparison not available: Not available: fewer than two 10-K filings on EDGAR to compare (only one so far)..
What changed in the latest 10-Q
Risk Factors
As of the date of this Report, there have been no material changes to the risk factors disclosed in our annual report on Form 10-K filed with the SEC on April 15, 2026. We may disclose changes to such factors or disclose additional factors from time to time in our future filings with the SEC.
No wording changes found in this section.
Full comparison: every changed paragraph (0)
Management's Discussion & Analysis (MD&A)
Largest changes
“For the three months ended June 30, 2025, we had a net income of $2,939,147, which consisted of $1,733,912 of interest income on investments held in the Trust Account, $6,469 of interest earned on cash held in the operating account, and a gain on the change in fair value of warrant liability of $1,435,682, offset by general and administrative expenses of $236,916.”see in full comparison
“For the six months ended June 30, 2025, we had a net income of $2,899,551, which consisted of $1,733,912 of interest income on investments held in the Trust Account, $6,469 of interest earned on cash held in the operating account, and a gain on the change in fair value of warrant liability of $1,435,682, offset by general and administrative expenses of $276,512.”see in full comparison
For thesee in full comparisonthreesix months endedMarchJune31,30,2025,2026, we had a netlossincome of$39,596$881,113, which consisted of $4,119,710 of interest income on investments held in the Trust Account and $5,914 of interest earned on cash held in the operating account, offset by general and administrative expenses of$39,596.$3,244,511.
For the three months endedsee in full comparisonMarchJune31,30, 2026, we had a netlossincome of$472,477$1,353,590, which consisted ofgeneral and administrative expenses of $2,521,284, offset by $2,044,010$2,075,700 of interest income on investments held in the Trust Account and$4,797$1,117 of interest earned on cash held in the operatingaccount.account, offset by general and administrative expenses of $723,227.
Full comparison: every changed paragraph (6)
We have neither engaged in any operations nor generated any revenues to date. Our only activities since July 26, 2024 (inception) through MarchJune 31,30, 2026 have been (i) organizational activities and (ii) activities relating to (x) the Initial Public Offering, and (y) identifying and evaluating prospective acquisition candidates and activities in connection with the initial Business Combination. We will not generate any operating revenues until after the completion of our Business Combination. Following our Initial Public Offering, we have generated non-operating income in the form of interest income on investments held in the Trust Account. We expect to incur increased expenses as a result of being a public company (for legal, financial reporting, accounting and auditing compliance, among other things), as well as for due diligence expenses.
For the three months ended MarchJune 31,30, 2026, we had a net lossincome of $472,477$1,353,590, which consisted of general and administrative expenses of $2,521,284, offset by $2,044,010$2,075,700 of interest income on investments held in the Trust Account and $4,797$1,117 of interest earned on cash held in the operating account.account, offset by general and administrative expenses of $723,227.
For the threesix months ended MarchJune 31,30, 2025,2026, we had a net lossincome of $39,596$881,113, which consisted of $4,119,710 of interest income on investments held in the Trust Account and $5,914 of interest earned on cash held in the operating account, offset by general and administrative expenses of $39,596.$3,244,511.
For the three months ended June 30, 2025, we had a net income of $2,939,147, which consisted of $1,733,912 of interest income on investments held in the Trust Account, $6,469 of interest earned on cash held in the operating account, and a gain on the change in fair value of warrant liability of $1,435,682, offset by general and administrative expenses of $236,916.
For the six months ended June 30, 2025, we had a net income of $2,899,551, which consisted of $1,733,912 of interest income on investments held in the Trust Account, $6,469 of interest earned on cash held in the operating account, and a gain on the change in fair value of warrant liability of $1,435,682, offset by general and administrative expenses of $276,512.
We have no obligations, assets or liabilities, which would be considered off-balance sheet arrangements as of MarchJune 31,30, 2026. We do not participate in transactions that create relationships with unconsolidated entities or financial partnerships, often referred to as variable interest entities, which would have been established for the purpose of facilitating off-balance sheet arrangements. We have not entered into any off-balance sheet financing arrangements, established any special purpose entities, guaranteed any debt or commitments of other entities, or purchased any non-financial assets.
TVA insider buying and selling (Form 4)
Since 2026-04-11, insiders reported open-market purchases in 1 Form 4 filing (1 insider, 1 trade date, 125,000 shares, about $1.3M) and open-market sales in 0 filings. Net open-market shares: 125,000 (purchases minus sales); net value about $1.3M.Totals add up every open-market (code P and S) line in those filings, using the prices reported in the filings. Awards, option exercises, tax withholding and gifts are listed below but not counted.
| Trade date | Insider | Transaction | Shares | Price | Value |
|---|---|---|---|---|---|
| 2026-02-27 | Angelo Mark |
Open-market purchase | 125,000 | $10.48 | $1.3M |
Well-known investors holding TVA (13F)
None of the 59 investors we track reported a position in their latest 13F.