Revenue: As of FY2025, the actual value is USD 0.

EPS: As of FY2025, the actual value is USD 0.26.

EBIT: As of FY2025, the actual value is USD -7.079 M.

The Company, Texas Ventures Acquisition III Corp, operates as a blank check company with no traditional operating segments or revenue generation until the completion of a business combination, thus financial metrics reflect overall company performance.

Operational Metrics

• Net Income (Loss):
  • Net income for the year ended December 31, 2025, was $5,926,421.
  • Net loss for the period from July 26, 2024 (inception) through December 31, 2024, was - $44,737.
• General and Administrative Expenses:
  • General and administrative expenses for the year ended December 31, 2025, totaled $718,934.
  • For the period from July 26, 2024 (inception) through December 31, 2024, general and administrative expenses were $44,737.

Non-Operating Income (Year Ended December 31, 2025)

• Interest income earned on investments held in the trust account was $6,335,533.
• Interest income earned on cash held in the operating account was $24,082.
• The Company recognized a forgiveness of debt amounting to $28,614.
• A realized gain on NMSI Warrants was recorded at $257,126.

Cash Flow and Liquidity

• Cash at December 31, 2025, was $856,131.
• Working capital at December 31, 2025, stood at $724,779.
• Investments held in the trust account at December 31, 2025, amounted to $232,460,533.
• Deferred underwriting commissions were $9,000,000.

Unique Metrics

• IPO Proceeds: The Company completed its Initial Public Offering on April 24, 2025, generating gross proceeds of $225,000,000 from the sale of 22,500,000 units.
• Private Placement Warrants Proceeds: A private sale of 7,568,750 warrants concurrently with the IPO generated gross proceeds of $7,568,750.
• Trust Account Funding: Net proceeds of $226,125,000 from the IPO and private placement were placed into a Trust Account.
• Sponsor Change: On September 18, 2025, a New Sponsor acquired 7,500,000 Class B Ordinary Shares and 4,700,000 Private Placement Warrants from the Prior Sponsor for an aggregate of $7,400,000.

Outlook / Guidance

The Company is in discussions with Trump Media & Technology Group Corp. (TMTG) regarding a potential business combination involving Truth Social, though no definitive agreement has been reached. The Company anticipates incurring significant costs for acquisition plans, and its current liquidity combined with a mandatory liquidation timeline raises substantial doubt about its ability to continue as a going concern.