Tv Partners III, Llc - Apr 22, 2025 Form 3 Insider Report for Texas Ventures Acquisition III Corp (TVA)

Role
10%+ Owner
Signature
/s/ E. Scott Crist, Managing Member of TV Partners III, LLC
Stock symbol
TVA
Transactions as of
Apr 22, 2025
Transactions value $
$0
Form type
3
Date filed
4/22/2025, 09:20 PM
Next filing
Apr 28, 2025
SEC
View on sec.gov

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding TVA Class B Ordinary Shares Apr 22, 2025 Class A Ordinary Shares 7.67M Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 As described in the registration statement on Form S-1 (File No. 333-284793) of Texas Ventures Acquisition III Corp (the "Issuer") under the heading "Description of Securities--Founder Shares," the shares of Class B ordinary shares will automatically convert into shares of Class A ordinary shares at the time of the Issuer's initial business combination, or at any time prior to the Issuer's initial business combination, at the option of the holder, on a one-for-one basis, subject to certain adjustments. The Class B ordinary shares have no expiration date.
F2 These shares represent the Class B ordinary shares held by TV Partners III, LLC (the "Sponsor") acquired pursuant to a subscription agreement by and between the Issuer and the Sponsor. The Class B ordinary shares include up to 1,000,000 shares that are subject to forfeiture in the event the underwriters of the Issuer's initial public offering do not exercise in full their over-allotment option as described in the Issuer's registration statement.
F3 E. Scott Crist, CEO and Chairman of the Issuer, is the sole managing member of the Sponsor and holds voting and investment discretion with respect to the ordinary shares held of record by the Sponsor. As such, Mr. Christ may be deemed to have beneficial ownership of the securities held of record by the Sponsor. Mr. Christ disclaims any beneficial ownership except to the extent of his pecuniary interest therein.