About Texas Ventures Acquisition III Corp Units
Special‑purpose acquisition company (SPAC) formed in July 2024 to merge with a target, focusing on technology and software infrastructure firms. It has no operations or revenues.
CEO
Kevin McGurn
Compensation Summary
(Year 2024)
Stock Awards $1,795,000
All Other Compensation $7,678
Total Compensation $1,802,678
Industry Shell Companies
Sector Financial Services
Went public April 23, 2025
Method of going public SPAC
Full time employees 0
Price Target
Target High $0
Target Low $0
Target Median $0
Target Consensus $0
Market Cap $336.08 M
52w High $12.72
52w Low $9.99
P/E 0
Volume 1.00K
Outstanding Shares 30.22M
About Texas Ventures Acquisition III Corp Units
Special‑purpose acquisition company (SPAC) formed in July 2024 to merge with a target, focusing on technology and software infrastructure firms. It has no operations or revenues.
Income Statement
| Period | Revenue | Operating Expense | Net Income | Net Profit Margin | Earnings Per Share | EBITDA |
|---|---|---|---|---|---|---|
| Q3-2025 | $55.54M ▼ | $16.29M ▼ | $-4.52M ▲ | -8.14% ▲ | $0.62 ▲ | $11.46M ▲ |
| Q2-2025 | $63.11M ▼ | $16.59M ▼ | $-5.31M ▼ | -8.42% ▼ | $-0.9 ▼ | $-3.72M ▼ |
| Q1-2025 | $65.89M ▲ | $17.68M ▼ | $1.62M ▲ | 2.46% ▲ | $0.27 ▲ | $3.13M ▲ |
| Q4-2024 | $63.11M ▼ | $17.8M ▼ | $-2.28M ▼ | -3.62% ▼ | $-0.21 ▼ | $1.77M ▼ |
| Q3-2024 | $69.11M | $28.73M | $4.33M | 6.27% | $0.27 | $8.24M |
Balance Statement
| Period | Cash & Short-term | Total Assets | Total Liabilities | Total Equity |
|---|---|---|---|---|
| Q3-2025 | $13.71M ▼ | $228.29M ▼ | $362.26M ▼ | $-133.98M ▼ |
| Q2-2025 | $16.72M ▲ | $252.64M ▼ | $382.34M ▼ | $-129.7M ▼ |
| Q1-2025 | $16.45M ▼ | $270.13M ▼ | $395.29M ▼ | $-125.16M ▲ |
| Q4-2024 | $21.84M ▲ | $273.88M ▲ | $403.74M ▼ | $-129.85M ▲ |
| Q3-2024 | $13.48M | $273.32M | $407.9M | $-134.58M |
Cash Flow Statement
| Period | Net Income | Cash From Operations | Cash From Investing | Cash From Financing | Net Change | Free Cash Flow |
|---|---|---|---|---|---|---|
| Q3-2025 | $-4.52M ▼ | $-2.21M ▲ | $-777K ▲ | $0 ▼ | $-2.98M ▼ | $-2.98M ▲ |
| Q2-2025 | $-2.47M ▼ | $-5.26M ▲ | $-1.75M ▼ | $2.06M ▲ | $29.66M ▲ | $-6.76M ▲ |
| Q1-2025 | $1.62M ▲ | $-6.63M ▲ | $-915K ▲ | $2M ▼ | $-5.54M ▼ | $-7.49M ▲ |
| Q4-2024 | $-14.21M ▼ | $-13.72M ▼ | $-4.11M ▼ | $14.52M ▲ | $0 | $-17.28M ▼ |
| Q3-2024 | $6.62M | $0 | $0 | $0 | $0 | $0 |
CEO
Kevin McGurn
Compensation Summary
(Year 2024)
Stock Awards $1,795,000
All Other Compensation $7,678
Total Compensation $1,802,678
Industry Shell Companies
Sector Financial Services
Went public April 23, 2025
Method of going public SPAC
Full time employees 0
Price Target
Target High $0
Target Low $0
Target Median $0
Target Consensus $0