Texas Ventures Acquisition III Corp $TVA Shares Sold by Radcliffe Capital Management L.P.

Radcliffe Capital Management L.P. reduced its position in shares of Texas Ventures Acquisition III Corp (NASDAQ:TVA) by 20.3% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 352,594 shares of the company’s stock after selling 89,597 shares during the period. Radcliffe Capital Management L.P.’s holdings in Texas Ventures Acquisition III were worth $3,755,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in TVA. Royal Bank of Canada purchased a new position in shares of Texas Ventures Acquisition III in the fourth quarter valued at approximately $35,000. Quarry LP acquired a new position in Texas Ventures Acquisition III in the 4th quarter valued at $129,000. Marex Group plc purchased a new position in Texas Ventures Acquisition III in the 4th quarter valued at $133,000. Fifth Lane Capital LP purchased a new position in Texas Ventures Acquisition III in the 4th quarter valued at $952,000. Finally, DLD Asset Management LP boosted its stake in Texas Ventures Acquisition III by 42.9% during the 4th quarter. DLD Asset Management LP now owns 95,267 shares of the company’s stock worth $1,015,000 after purchasing an additional 28,600 shares during the last quarter.

Texas Ventures Acquisition III Trading Down 0.1%

Shares of Texas Ventures Acquisition III stock opened at $10.45 on Wednesday. The business’s 50 day moving average price is $10.47 and its 200 day moving average price is $10.54. Texas Ventures Acquisition III Corp has a one year low of $10.06 and a one year high of $12.27.

Texas Ventures Acquisition III (NASDAQ:TVA) last issued its earnings results on Wednesday, April 15th. The company reported $0.17 earnings per share (EPS) for the quarter.

Analyst Ratings Changes

A number of research firms have recently issued reports on TVA. Weiss Ratings raised shares of Texas Ventures Acquisition III from a “sell (d-)” rating to a “sell (d)” rating in a report on Monday, June 1st. Wall Street Zen lowered shares of Texas Ventures Acquisition III from a “hold” rating to a “sell” rating in a research report on Saturday, May 23rd. One analyst has rated the stock with a Sell rating, According to data from MarketBeat, Texas Ventures Acquisition III has a consensus rating of “Sell”.

About Texas Ventures Acquisition III

Texas Ventures Acquisition III (NASDAQ: TVA) is a special purpose acquisition company (SPAC) listed on the NASDAQ exchange. As a blank‑check company, its principal business purpose is to raise capital in the public markets and use those proceeds to identify, negotiate and consummate one or more business combinations with an operating company.

Unlike an operating company, Texas Ventures Acquisition III does not produce goods or services while it searches for a target. Its activities typically include managing the capital held in trust, conducting diligence on prospective acquisition candidates, negotiating transaction terms, and seeking shareholder and regulatory approvals required to complete a business combination.

Pending completion of a business combination, the company’s prospects and ultimate strategy are driven by its management and sponsors; specific target industries, geographies and leadership details are disclosed through the company’s public filings and press releases as opportunities develop.