Texas Ventures Acquisition III secures $145,000 interest-free loan from Yorkville Acquisition Sponsor II
TVA•Texas Ventures Acquisition III issued Yorkville Acquisition Sponsor II a $145,000 interest-free note, with proceeds deposited into its trust account to extend its business-combination deadline to November 24, 2026.
1. Loan extends deadline
Texas Ventures Acquisition III issued a $145,000 non-convertible promissory note to Yorkville Acquisition Sponsor II on October 20, 2026. Repayment is due upon the earlier of an initial business combination or effective winding up. The proceeds were deposited into the trust account on October 21, extending the business-combination deadline to November 24, 2026. Shareholders authorized monthly extensions through July 24, 2027, requiring a $145,000 trust deposit for each extension.
