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TEXAS VENT-A (TVA)
Key Performance
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Latest Research & News
Trump Media, TAE Technologies Confirm Merger Timeline
Trump Media & Technology Group and TAE Technologies confirmed they remain focused on completing their merger, targeting a closing in Q4 2026 or earlier. The companies have decided to abandon a previously proposed spin-off of Trump Media's media assets, including Truth Social, that would have involved Texas Ventures Acquisition III. Following the merger completion, the combined company's board will evaluate strategic alternatives for legacy business units.
06/10/2026, 2:02 PM • Benzinga
Trump Media & Technology Group and TAE Technologies Provide Update on Merger
Trump Media & Technology Group (TMTG) and TAE Technologies announced they remain focused on completing their merger by Q4 2026 or sooner. The companies have decided to discontinue pursuing a previously-announced spin-off of TMTG's media assets into a new publicly traded company to merge with Texas Ventures Acquisition III. Post-merger, the combined company's board will evaluate strategic alternatives for legacy business units to enhance shareholder value.
06/10/2026, 8:30 AM • Benzinga
Trump Media & Technology Group (TMTG), TAE Technologies, and Texas Ventures Acquisition III announced ongoing discussions for a potential spin-off of Truth Social and related TMTG businesses into a new publicly-traded company (SpinCo) following TMTG's merger with TAE. SpinCo would subsequently merge with Texas Ventures III. TAE's businesses and certain TMTG assets would remain with the current public company. The companies caution that no definitive agreement has been reached and there is no assurance any transaction will occur.
02/27/2026, 8:30 AM • Benzinga
Peers
Statistics
MoreInformation as of 06/23/2026
Company Profile
Texas Ventures Acquisition III Corp does not have significant operations. It focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses in any business or industry. The company was incorporated in 2024 and is based in Mountainside, New Jersey.
Key Executives
- Troy J. Rillo
- Kevin McGurn
Current Ownership Distribution
- Mutual Funds1.7B (95.83%)
- Institutions74.4M (4.12%)
- Insiders925,000 (0.05%)
- Other0 (0.00%)