Texas Ventures Acquisition III Corp (TVACW) Warrant
Each TVACW warrant gives the holder the right to buy 1 share of Texas Ventures Acquisition III Corp at $11.50 per share, for five years after the company completes its merger. Texas Ventures Acquisition III Corp is a SPAC (deal signed with Plus Automation, Inc.). It must complete a deal by October 24, 2026 or the warrants expire worthless. There are 11.25M listed warrants; exercising all of them would add 37.5% to the 30.00M shares outstanding.
TVAC vs strike, last 12 months
No share-price history for TVAC yet.
Key terms
- Strike per share
- $11.50
- Shares per warrant
- 1
- Cash to exercise one warrant
- $11.50
- Expiry
- merger + 5 years
- Redemption trigger
- $18.00
- Cashless exercise
- no
- Break-even stock price
- $11.70
From the issuer's S-1/A (2025-03-18).
Company and stock
- Company
- Texas Ventures Acquisition III Corp
- Underlying stock
- TVAC
- Share price
- —
- Market cap
- —
- Shares outstanding
- 30.00M
- Value of all listed warrants
- $2.25M
Market cap is the last share price times shares outstanding (as of 10-Q 2026-). All SEC filings for this company.
Model value vs price Pro
- Model value
- Last price
- $0.2001
- Price / model
Get Pro to see whether TVACW is cheap or rich against our model.
Dilution
- Shares outstanding
- 30.00M
- Listed warrants
- 11.25M
- Dilution if all exercised
- 37.5%
Warrant count from filing iXBRL: PublicWarrantsMember.
SPAC deal
- Status
- deal signed
- Target
- Plus Automation, Inc.
- Deal announced
- 2026-09-02
- Deadline
- 2026-10-24
- Latest possible deadline
- 2027-07-24
- Trust per share
- $10.51
- Sponsor
- TV Partners III LLC
- Sponsor's earlier SPACs
- 2 (1 closed a deal)
- Chance of a deal
A SPAC warrant is worth nothing if no deal closes by the deadline.
Filings and events
Questions about TVACW
When does the TVACW warrant expire?
Five years after the SPAC completes its merger; if no merger closes by the deadline, the warrants expire worthless.
What is the strike price of TVACW?
$11.50 per share; each warrant converts into 1 share, so exercising one warrant costs $11.50.
How many TVACW warrants are outstanding?
11.25M listed warrants, equal to 37.5% dilution if all are exercised.