Texas Ventures Acquisition III Corp
TVACW
NASDAQ Global Market0.54
USD
-0.05
- -
Texas Ventures Acquisition III Corp
TVACW
(NASDAQ Global Market)
Recent
price
0.54
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
FRC
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.- Similar Companies
- Business
- Thayer Ventures Acquisition Corporation (TVACW) is a blank check company, or special purpose acquisition company (SPAC), formed in 2020 and headquartered in Valencia, California, that completed its initial public offering in December 2020 to raise funds for effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses, with a primary focus on targets in the travel, hospitality, and transportation technology sectors; its securities include redeemable warrants tradable under the ticker TVACW on Nasdaq, exercisable at $11.50 per share of Class A common stock following a business combination. The company, sponsored by Thayer Ventures, leverages its management's deep industry expertise and network to identify high-growth opportunities in dynamic markets recovering from pandemic impacts, offering investors leveraged exposure through warrants to potential synergies unlocked via strategic acquisitions. In a major development, Thayer Ventures Acquisition Corporation announced and completed a business combination with Inspirato in February 2022, resulting in the combined entity trading as Inspirato (ISPO), after which TVAC effectively de-SPACed and its warrants continued trading independently amid ongoing market activity and volatility as of late 2025. No significant operations are conducted post-combination beyond warrant-related activities, with recent trading reflecting speculative interest in the travel sector's evolution; the sponsor has since launched Thayer Ventures Acquisition Corporation II (TVAI) in May 2025, a separate Cayman Islands-incorporated SPAC targeting similar industries.