<span item_type="fundamental" item_id="ab13d85f920897a16d0eda9fe43924bc" counter_id="ST/US/TVACW" env="prod"></span><span item_type="announcement" item_id="584625479180884097" env="prod"></span><p>Revenue: As of FY2025 Q3, the actual value is USD 0.</p><p>EPS: As of FY2025 Q3, the actual value is USD -0.04.</p><p>EBIT: As of FY2025 Q3, the actual value is USD -2.542 M.</p><p></p><h3>Segment Revenue</h3><ul><li>The company has not generated any operating revenues to date, as it is a blank check company formed for the purpose of effecting a Business Combination.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/2033991/000110465925114175/tva-20250930x10q.htm"></span></li></ul><h3>Operational Metrics</h3><ul><li><strong>Net Income (Loss):</strong> For the three months ended September 30, 2025, the company reported a net loss of $1,200,656, primarily due to changes in the fair value of warrant liability and general and administrative expenses.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/2033991/000110465925114175/tva-20250930x10q.htm"></span></li><li><strong>General and Administrative Expenses:</strong> For the nine months ended September 30, 2025, these expenses totaled $427,662, compared to $26,450 for the period from July 26, 2024 (inception) through September 30, 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/2033991/000110465925114175/tva-20250930x10q.htm"></span></li></ul><h3>Cash Flow</h3><ul><li><strong>Net Cash Used in Operating Activities:</strong> For the nine months ended September 30, 2025, net cash used in operating activities was $417,643.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/2033991/000110465925114175/tva-20250930x10q.htm"></span></li><li><strong>Net Cash Used in Investing Activities:</strong> Cash deposited into the Trust Account amounted to $226,125,000.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/2033991/000110465925114175/tva-20250930x10q.htm"></span></li><li><strong>Net Cash Provided by Financing Activities:</strong> The company reported net cash provided by financing activities of $227,416,888 for the nine months ended September 30, 2025.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/2033991/000110465925114175/tva-20250930x10q.htm"></span></li></ul><h3>Unique Metrics</h3><ul><li><strong>Interest Income:</strong> Interest income earned on investments held in the Trust Account was $4,114,464 for the nine months ended September 30, 2025.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/2033991/000110465925114175/tva-20250930x10q.htm"></span></li></ul><h3>Future Outlook and Strategy</h3><ul><li><strong>Core Business Focus:</strong> The company intends to effectuate its Business Combination using cash derived from the proceeds of the Initial Public Offering and the sale of the Private Placement Warrants, shares, debt, or a combination thereof.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/2033991/000110465925114175/tva-20250930x10q.htm"></span></li><li><strong>Non-Core Business:</strong> The company may seek to extend the Combination Period consistent with applicable laws, regulations, and stock exchange rules by amending its Amended and Restated Articles, which would require the approval of Public Shareholders.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/2033991/000110465925114175/tva-20250930x10q.htm"></span></li></ul><h3>Priority</h3><ul><li>The company emphasizes the completion of a Business Combination within the Combination Period, which is 18 months from the closing of the Initial Public Offering, or during any extended time beyond 18 months.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/2033991/000110465925114175/tva-20250930x10q.htm"></span></li></ul>

TEXAS VENTURES ACQUISITION III CORP C/WTS 23/04/2030 (TO PUR COM) | 10-Q: FY2025 Q3 Revenue: USD 0