LMR Partners LLP Makes New Investment in Texas Ventures Acquisition III Corp $TVACU

LMR Partners LLP acquired a new stake in Texas Ventures Acquisition III Corp (NASDAQ:TVACU) during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 900,000 shares of the company’s stock, valued at approximately $9,189,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. JPMorgan Chase & Co. acquired a new position in Texas Ventures Acquisition III in the 2nd quarter valued at about $257,000. Clear Street LLC acquired a new stake in shares of Texas Ventures Acquisition III during the 2nd quarter worth about $297,000. Boothbay Fund Management LLC purchased a new stake in shares of Texas Ventures Acquisition III during the second quarter worth about $666,000. Magnetar Financial LLC purchased a new stake in shares of Texas Ventures Acquisition III during the second quarter worth about $14,378,000. Finally, AQR Arbitrage LLC acquired a new position in shares of Texas Ventures Acquisition III in the second quarter valued at approximately $17,972,000.

Texas Ventures Acquisition III Price Performance

Shares of TVACU opened at $10.99 on Friday. Texas Ventures Acquisition III Corp has a 1 year low of $9.99 and a 1 year high of $12.72. The company’s 50 day simple moving average is $11.71 and its 200 day simple moving average is $10.78.

Texas Ventures Acquisition III Profile

We are a newly incorporated Cayman Islands exempted company structured as a blank check company for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses, which we refer to throughout this prospectus as our initial business combination.