Texas Ventures Acquisition IV Prices $150M IPO with $11.50 Strike Warrants
Texas Ventures Acquisition IV Corp priced a $150 million IPO of 150 million units, each unit comprising one Class A share and half a warrant exercisable at $11.50. The units begin trading on Nasdaq as TVIVU June 18 with underwriters granted a 45-day option for 2.25 million additional units.
1. IPO Pricing and Terms
Texas Ventures Acquisition IV Corp offered 150 million units in its initial public offering, generating $150 million in gross proceeds. Each unit consists of one Class A ordinary share and one-half of a redeemable warrant, with each full warrant exercisable at $11.50 per share. No fractional warrants will trade independently.
2. Nasdaq Listing and Over-Allotment
Units are set to begin trading on Nasdaq under the ticker TVIVU on June 18, 2026, with Class A shares and warrants expected to list separately as TVIV and TVIVW. The offering is scheduled to close June 22, 2026, and underwriters hold a 45-day option to purchase up to 2.25 million additional units to cover over-allotments.
3. Business Combination Focus and Management
As a blank check company, Texas Ventures Acquisition IV targets industrial technology businesses, including software, IoT, digital energy transition, logistics, 5G and cyber communications. The SPAC is led by CEO E. Scott Crist and CFO R. Greg Smith, supported by board members Andrew Clark, Harvin Moore and Aruna Viswanathan.
