InvestmentJun 9, 2026, 04:17 PM
Texas Ventures Acquisition IV Corp Files Amended S-1 for $150M IPO
AI Summary
Texas Ventures Acquisition IV Corp, a blank check company, filed an amended S-1 registration statement for its initial public offering of 15,000,000 units at $10.00 each, aiming to raise $150,000,000. Each unit comprises one Class A ordinary share and one-half of one redeemable warrant, with warrants exercisable at $11.50 per share. The company plans to deposit $150,750,000 into a trust account and seeks to complete a business combination within 18 months, focusing on industrial technology targets.
Key Highlights
- Texas Ventures Acquisition IV Corp is offering 15,000,000 units at $10.00 per unit, totaling $150,000,000.
- Each unit consists of one Class A ordinary share and one-half of one redeemable warrant, with warrants exercisable at $11.50 per share.
- Underwriters have a 45-day option to purchase up to an additional 2,250,000 units to cover over-allotments.
- Sponsor and underwriters committed to purchase 5,650,000 private placement warrants at $1.00 per warrant, totaling $5,650,000.
- A total of $150,750,000 ($10.05 per unit) will be placed into a U.S.-based trust account.
- The company aims to complete an initial business combination within 18 months of the offering's closing.
- The company intends to focus its search on targets in industrial technology, including software, IoT, digital and energy transition.
Price Impact