Texas Ventures Acquisition III FY26 Q2 net income falls to $1.35 million; FY26 H1 net income drops to $881,113
TVA•Quarterly results
- Texas Ventures Acquisition III posted net income of $1.35 million for the quarter ended June 30, 2026, down from $2.94 million.
- Interest income on Trust Account investments rose to $2.08 million from $1.73 million.
- General and administrative expenses widened to $723,227 from $236,916.
Half-year results and outlook
- Six-month net income fell to $881,113 from $2.9 million, as G&A climbed to $3.24 million from $276,512.
- The SPAC reported no operating revenue, continuing to evaluate acquisition candidates while warning of going-concern risk if no deal closes.
