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8-K//Current report

Texas Ventures Acquisition III Corp 8-K

Accession 0001104659-26-001830

$TVACIK 0002033991operating

Filed

Jan 6, 7:00 PM ET

Accepted

Jan 7, 5:28 PM ET

Size

386.6 KB

Accession

0001104659-26-001830

Research Summary

AI-generated summary of this filing

Updated

Texas Ventures Acquisition III Corp Adopts New Indemnity Agreement

What Happened

  • Texas Ventures Acquisition III Corp filed an 8-K on Jan 7, 2026 announcing that its board approved a new form of Indemnity Agreement on Jan 6, 2026 to be entered into with directors and officers who were appointed on Sept 18, 2025. The new agreement replaces the prior indemnity form (previously filed as Exhibit 10.7 to the company’s April 28, 2025 8‑K) and the prior directors and officers resigned on Sept 18, 2025.

Key Details

  • The Indemnity Agreement is filed as Exhibit 10.1 to the 8‑K and is incorporated by reference.
  • It indemnifies, holds harmless and exonerates each covered director/officer “to the fullest extent” permitted by applicable law and the company’s amended and restated memorandum and articles of association (A&R Memorandum and Articles).
  • The agreement provides for advancement of expenses to the extent not prohibited by Cayman Islands or Delaware law, with the more favorable jurisdiction to the indemnitee controlling.
  • The new contractual rights are intended to supplement the indemnification already provided in the company’s A&R Memorandum and Articles and by applicable law.

Why It Matters

  • The filing documents formal legal protection for the company’s current directors and officers, reducing their personal exposure for claims arising from service to the company and making advancement of defense expenses available within legal limits.
  • For investors, this clarifies the company’s commitments regarding director/officer liability and potential company-funded defense costs or settlements, since indemnification and expense advancement are contractual obligations the company has accepted.