---
title: "TEXAS VENTURES ACQUISITION III CORP C/WTS 23/04/2030 (TO PUR COM) | 10-Q: FY2025 Q2 EPS: USD 0.19"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/253100815.md"
datetime: "2025-08-14T20:41:22.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/253100815.md)
  - [en](https://longbridge.com/en/news/253100815.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/253100815.md)
---

# TEXAS VENTURES ACQUISITION III CORP C/WTS 23/04/2030 (TO PUR COM) | 10-Q: FY2025 Q2 EPS: USD 0.19

EPS: As of FY2025 Q2, the actual value is USD 0.19.

### Segment Revenue

-   **Public Units**: 22,500,000 units sold at $10.00 per unit, generating gross proceeds of $225,000,000.

### Operational Metrics

-   **Net Income**: $2,939,147 for the three months ended June 30, 2025, and $2,899,551 for the six months ended June 30, 2025.
-   **General and Administrative Expenses**: $236,916 for the three months ended June 30, 2025, and $276,512 for the six months ended June 30, 2025.
-   **Interest Income**: $1,733,912 earned on investments held in the Trust Account for both the three and six months ended June 30, 2025.
-   **Change in Fair Value of Warrant Liability**: $1,435,682 for both the three and six months ended June 30, 2025.

### Cash Flow

-   **Operating Cash Flow**: Net cash used in operating activities was - $324,230 for the six months ended June 30, 2025.
-   **Investing Cash Flow**: Net cash used in investing activities was - $226,125,000 for the six months ended June 30, 2025.
-   **Financing Cash Flow**: Net cash provided by financing activities was $227,416,888 for the six months ended June 30, 2025.

### Unique Metrics

-   **Investments Held in Trust Account**: $227,858,912 as of June 30, 2025.
-   **Deferred Underwriting Commissions**: $9,000,000 payable upon completion of a Business Combination.

### Future Outlook and Strategy

-   **Core Business Focus**: The company intends to use the funds held in the Trust Account primarily to identify and evaluate target businesses, perform due diligence, and complete a Business Combination. The company may also instruct the trustee to liquidate investments in the Trust Account to hold funds in cash or an interest-bearing demand deposit account to mitigate the risk of being deemed an investment company.
-   **Non-Core Business**: The company may seek to extend the Combination Period by amending its Amended and Restated Articles, which would require the approval of Public Shareholders and may affect the company’s ability to maintain its listing on Nasdaq.
-   **Priority**: The company emphasizes the completion of a Business Combination within the specified period, with a focus on using the funds efficiently to ensure successful acquisition and integration of target businesses.

### Related Stocks

- [TVACW.US](https://longbridge.com/en/quote/TVACW.US.md)

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