ANGELO MARK 4
4 · Texas Ventures Acquisition III Corp · Filed Jun 22, 2026
Research Summary
AI-generated summary of this filing
Texas Ventures (TVA) 10% Owner Mark Angelo Buys 125,000 Shares
What Happened
Mark Angelo (identified as a 10% owner) is linked to an open‑market purchase of 125,000 Class A ordinary shares of Texas Ventures Acquisition III Corp. The shares were acquired on February 27, 2026 at $10.4785 per share, for a reported total of approximately $1,309,813. The purchase was executed by YA II PN, Ltd., an entity managed by Yorkville Advisors (see footnotes).
Key Details
- Transaction type: P = Purchase (open market)
- Transaction date: February 27, 2026
- Price per share: $10.4785 (reported as $10.48 in the form)
- Shares acquired: 125,000; reported total value ≈ $1,309,813
- Shares owned after transaction: Not specified in the excerpt of the filing
- Filing timeliness: Report filed on June 22, 2026 — several months after the transaction (late filing)
- Footnotes of note:
- YA II PN, Ltd. made the open‑market purchase (F1).
- Yorkville Advisors entities manage YA II PN; Mark Angelo is president/managing member and “may be deemed” to beneficially own the securities held by YA II PN, though he disclaims beneficial ownership except for any pecuniary interest (F2).
Context
This was an institutional open‑market purchase by a fund managed by Yorkville Advisors rather than an explicit personal purchase by Angelo. Purchases are generally considered more informative than routine sales, but filings do not state motive. The late filing delays public disclosure and reduces the immediacy of this signal for investors.
Insider Transaction Report
- Purchase
Class A Ordinary Shares
[F1][F2]2026-02-27$10.48/sh+125,000$1,309,813→ 1,050,000 total(indirect: See Footnote)
Footnotes (2)
- [F1]On February 27, 2026, YA II PN, Ltd. ("YA II PN") purchased 125,000 Class A ordinary shares on the open market at a price of $10.4785 per share.
- [F2]Yorkville Advisors Global, LP ("Yorkville LP") is the investment manager of YA II PN. Yorkville Advisors Global II, LLC ("Yorkville LLC") is the General Partner Yorkville LP. Mr. Angelo serves as President and Managing Member of Yorkville LP, and as President and Managing Member of Yorkville LLC. All investment decisions for YA II PN are made by Mark Angelo. As such, Mr. Angelo may be deemed to have beneficial ownership of the securities held by YA II PN. Mr. Angelo disclaims any beneficial ownership of the reported securities, except to the extent of his pecuniary interest therein.