Texas Ventures Acquisition Iii CORP Form 4 insider transactions

PlusAI, an autonomous trucking software company, announced its planned business combination with Texas Ventures Acquisition III Corp., a SPAC, valuing the combined entity at approximately $800 million.

Texas Ventures Acquisition III Corp announced a definitive agreement to merge with Plus Automation, Inc., a physical AI company focused on autonomous trucking software, aiming to create a publicly listed entity named PlusAI.

Mark Angelo, a director and 10% owner of Texas Ventures Acquisition III Corp, increased his indirect beneficial ownership by acquiring 925,000 Class A ordinary shares through YA II PN, Ltd.

TV Partners III, LLC, an entity associated with former CEO E. Scott Crist, has divested its entire 7,500,000 Class B ordinary shares in Texas Ventures Acquisition III Corp.

TV Partners III, LLC, a 10% owner and related to a director and officer of Texas Ventures Acquisition III Corp, forfeited 166,667 Class B ordinary shares after the IPO underwriters did not fully exercise their over-allotment option.