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Ipos overview

Texas Ventures Acquisition III Corp (TVACU)


Company Overview

Proposed Symbol TVACU
Company Name Texas Ventures Acquisition III Corp
Exchange
Share Price $
Employees 2 (as of 02/10/2025)
Status
Shares Offered
Offer amount $230,000,000
Shares Over Alloted
Company Address C/O TEXAS VENTURES MGMT LL 5090 RICHMOND AVE, SUITE 319 HOUSTON TX 77056
Company Phone 7135991300
Company Website www.kestramedical.com
CEO E. Scott Crist
State of Inc
Fiscal Year End 12-31
Total Offering Expense $750,000.00
Shareholder Shares Offered
Shares Outstanding 26,666,667
Lockup Period (days) 180
Lockup Expiration
Quiet Period Expiration
CIK 0002033991
DealId 1324319-112919

Company Description

We are a newly incorporated Cayman Islands exempted company structured as a blank check company for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses, which we refer to throughout this prospectus as our initial business combination. To date, our efforts have been limited to organizational activities and activities related to this offering. We have not selected any potential business combination target, and we have not, nor has anyone on our behalf, initiated any substantive discussions, directly or indirectly, with any potential target regarding entering into a business combination with us. While we may pursue an initial business combination target in any business, industry or geographical location, we intend to focus our search on targets focused on industrial technology, specifically companies implementing advanced technologies including software, mobile and IoT applications, digital and energy transition and consolidation, logistics and transportation, cloud and cyber communications as well as high bandwidth services, including LTE, remote sensing and 5G communications into the industrial sector. --- Our management team believes that the adoption of technology in the industrial sectors has traditionally evolved at a slower pace than most other industries. Our management team believes that this is due to large companies that have entrenched and siloed management teams and decision processes which discourage collaboration and adoption of new technologies. As such, many systems and practices are outdated and lack the efficiencies critical for long-term success in a technology enabled world. The accelerated need for advanced technologies such as artificial intelligence (“AI”), remote and cloud management, visibility and analytics, as well as carbon capture and the general industrial internet of things (“IIoT”) capabilities for the industrial sectors. Consequently, our management believes that many customers and enterprises are actively embracing such technologies and that there are significant opportunities to pursue a business combination. --- Our executive offices are located at 5090 Richmond Ave, Suite 319, Houston, Texas 77056, and our telephone number is 713-599-1300.