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TV Partners III sells 7.5m Texas Ventures Acquisition III shares

Published 26/09/2025, 00:06
TV Partners III sells 7.5m Texas Ventures Acquisition III shares
TVA
0.37%

TV Partners III, LLC, a ten percent owner of Texas Ventures Acquisition III Corp (NASDAQ:TVA), sold 7,500,000 Class B ordinary shares on September 18, 2025. The shares were sold to Yorkville Acquisition Sponsor II, LLC. TVA, currently trading at $10.73 and near its 52-week high of $10.77, has a market capitalization of $304 million. InvestingPro data indicates the stock is in overbought territory.

According to the Form 4 filing, TV Partners III, LLC, no longer holds any Class B ordinary shares of Texas Ventures Acquisition III Corp as a result of the sale. E. Scott Crist, Chief Executive Officer and a director of Texas Ventures Acquisition III Corp, may be deemed to have beneficial ownership of the shares held directly by TV Partners as he is the sole managing member. InvestingPro analysis shows the company maintains a "Fair" financial health score, though it’s currently not profitable. Discover 4 additional exclusive insights with an InvestingPro subscription.

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