NEW YORK, NY, June  22, 2026  (GLOBE NEWSWIRE) --  Texas Ventures Acquisition IV Corp (the &#34;Company&#34;) announced today the closing of its initial public offering of 17,250,000 units, which includes 2,250,000

TVIV

Texas Ventures Acquisition IV Corp Completes $172,500,000 Initial Public Offering

TVIV closes $172.5M IPO; trust supports early deal options in industrial tech focus

<section class="insight" data-version="1">
  <section data-block="information">
    <h3>Information</h3>
    <p>NEW YORK, NY, June  22, 2026  (GLOBE NEWSWIRE) --  Texas Ventures Acquisition IV Corp (the &amp;#34;Company&amp;#34;) announced today the closing of its initial public offering of 17,250,000 units, which includes 2,250,000</p>
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  <section data-block="ai-summary-paragraph">
    <h3>AI Summary</h3>
    <p>Texas Ventures Acquisition IV Corp priced and closed its IPO, raising $172.5 million and placing roughly $173.36 million in trust. The SPAC will pursue an industrial-technology-focused merger or combination, with TVIVU trading now and TVIV/TVIVW listings to follow. The key near-term opportunity is deal announcements or warrant-value movements as the trust remains the primary valuation anchor.</p>
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  <section data-block="ai-summary-bullets">
    <h3>Key Points</h3>
    <ul><li>Texas Ventures Acquisition IV closes IPO of 17.25M units at $10.00; gross proceeds $172.5M. Over-allotment option fully exercised.</li><li>Units begin trading on Nasdaq as TVIVU; TVIV and TVIVW to list after separation.</li><li>Proceeds placed in trust: $173.3625M (~$10.05 per unit). Per-unit trust value $10.05.</li><li>SPAC targets industrial tech: software, IoT, 5G, energy transition, logistics, and related services.</li><li>Management: E. Scott Crist (CEO/Chair) and R. Greg Smith (CFO); Cohen &amp; Company Capital Markets led.</li></ul>
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  <section data-block="companies-mentioned">
    <h3>Companies Mentioned</h3>
    <ul><li><strong>Texas Ventures Acquisition IV Corp (TVIV)</strong>: Blank-check company formed to pursue a business combination, with a focus on industrial technology.</li><li><strong>TVIV Unit (TVIVU)</strong>: Trading commenced on Nasdaq; units expected to separate into shares and warrants later.</li><li><strong>Texas Ventures Acquisition IV Corp (TVIV)</strong>: Class A ordinary shares to be listed on Nasdaq upon separation from units.</li><li><strong>TVIVW (TVIVW)</strong>: Redeemable warrants with $11.50 strike; to be listed after unit-separation.</li></ul>
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  <section data-block="category">
    <h3>Corporate Developments</h3>
    <p>Category: Corporate Developments. The article documents a SPAC IPO closing, funding level, and future listing steps, all of which are core corporate-movement signals that set the stage for a potential merger, warrants value, and initial trading dynamics.</p>
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  <section data-block="market-moving">
    <h3>Market-Moving</h3>
    <ul><li>IPO close and full over-allotment exercise solidify trust at about $173.36M, supporting unit value near $10.</li><li>TVIVU listing now; TVIV and TVIVW to trade later, creating potential volatility around separation.</li><li>Any deal news or updates on targets in industrial tech could move TVIV and warrants.</li><li>Forward-looking statements and regulatory timing add typical SPAC risk to near-term moves.</li></ul>
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  <section data-block="key-facts">
    <h3>Key Facts</h3>
    <ul><li>Offering size: 17,250,000 units; over-allotment: 2,250,000 units.</li><li>Pricing: $10 per unit; gross proceeds: $172,500,000.</li><li>Trust proceeds: $173,362,500; implied per-unit value: $10.05.</li><li>Warrant terms: each whole warrant exercisable for one share at $11.50.</li><li>Nasdaq tickers: TVIVU for units; TVIV and TVIVW to list after separation; date: June 18, 2026.</li></ul>
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  <section data-block="trading-thesis">
    <h3>Trading Thesis</h3>
    <p>TVIV should track around $10 trust value in the near term; upside potential hinges on a compelling industrial-tech target within 12–24 months.</p>
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<link type="text/css" rel="stylesheet" href="https://www.globenewswire.com/styles/gnw_nitf.css"></link><p align="justify">NEW YORK, NY, June  22, 2026  (GLOBE NEWSWIRE) --  Texas Ventures Acquisition IV Corp (the "<b>Company</b>") announced today the closing of its initial public offering of 17,250,000 units, which includes 2,250,000 units issued pursuant to the full exercise by the underwriters of their over-allotment option. The offering was priced at $10.00 per unit, resulting in gross proceeds of $172,500,000.</p>  <p align="justify">The Company’s units began trading on June 18, 2026 on the Nasdaq Global Market ("Nasdaq") under the ticker symbol "TVIVU." Each unit consists of one Class A ordinary share of the Company and one-half of one redeemable warrant, with each whole warrant entitling the holder thereof to purchase one Class A ordinary share of the Company at an exercise price of $11.50 per share. Once the securities constituting the units begin separate trading, the Class A ordinary shares and warrants are expected to be listed on Nasdaq under the symbols "TVIV" and "TVIVW," respectively.</p>  <p align="justify">Of the proceeds received from the consummation of the initial public offering (including the full exercise of the over-allotment option) and a simultaneous private placement of warrants, $173,362,500 (or $10.05 per unit sold in the offering) was placed in trust.</p>  <p align="justify">The Company is a blank check company formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. The Company may pursue an acquisition opportunity in any business, industry or geographical location. The Company’s primary focus, however, will be on targets focused on industrial technology, specifically companies implementing advanced technologies including software, mobile and IoT applications, digital and energy transition and consolidation, logistics and transportation, cloud and cyber communications as well as high bandwidth services, including LTE, remote sensing and 5G communications into the industrial sector. The Company will pursue completing a business combination with a target that presents a significant value proposition to its customer marketplace, including major cost reductions in the field, substantial returns on investment (ROI), a considerable decrease in carbon footprint, and/or vast improvements in safety, compliance, and environmental protocol.</p>  <p>The Company’s management team is led by E. Scott Crist, its Chief Executive Officer and Chairman of the Board of Directors (the "Board"), and R. Greg Smith, its Chief Financial Officer. The Board also includes Andrew Clark, Harvin Moore, and Aruna Viswanathan.</p>  <p>Cohen &amp; Company Capital Markets, a division of Cohen &amp; Company Securities, LLC, acted as the sole book-running manager for the offering.</p>  <p align="justify">A registration statement relating to the securities was declared effective by the U.S. Securities and Exchange Commission (the "SEC") on June 17, 2026. This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.</p>  <p><b>FORWARD-LOOKING STATEMENTS</b></p>  <p align="justify">This press release contains statements that constitute "forward-looking statements," including with respect to the proposed initial public offering and the anticipated use of the net proceeds thereof. No assurance can be given that the net proceeds of the offering will be used as indicated. Forward-looking statements are subject to numerous conditions, many of which are beyond the control of the Company, including those set forth in the Risk Factors section of the Company’s registration statement and prospectus for the Company’s offering filed with the SEC. Copies are available on the SEC’s website, <a href="https://www.globenewswire.com/Tracker?data=ma-M5lJlSRN6HUZba9GKEVJ5oZwEupK1T8S6-l8P8F9Olk-I6HJFpliXE7CtJJrtA3RU34sSHJm8BW56_JobeQ==" rel="nofollow" target="_blank">www.sec.gov</a>. The Company undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.</p>  <p><b>Company Contact:</b></p>  <p>Texas Ventures Acquisition IV Corp<br></br>E. Scott Crist<br></br><a href="https://www.globenewswire.com/Tracker?data=H1wLYzSdu8eVnljR0bHlmReSPCrxovfQgByiN1kqa4kKzlR1yNimAGLB_OB2bU35Lt6Gbw8Qg3M1AQ6u6u2ZMBB2LrtbHAy0OLX83NxpIhmx3MgEUqIz77zPA390ETgu" rel="nofollow" target="_blank">scott@texasventures.com</a> <br></br>713-599-1300</p> <img alt="" class="__GNW8366DE3E__IMG" src="https://www.globenewswire.com/newsroom/ti?nf=OTc1MDY1NiM3NjcyNjAwIzUwMDE2NDE2Mw=="></img> <br></br><img alt="" src="https://ml.globenewswire.com/media/MjRlNzE5NjctNzg3Yy00MDZjLTk0Y2YtM2IyNWQyMWE0NzcxLTUwMDE2NDE2My0yMDI2LTA2LTIyLWVu/tiny/Texas-Ventures-Acquisition-IV-.png" referrerpolicy="no-referrer-when-downgrade"></img>

Texas Ventures Acquisition IV Corp priced and closed its IPO, raising $172.5 million and placing roughly $173.36 million in trust. The SPAC will pursue an industrial-technology-focused merger or combination, with TVIVU trading now and TVIV/TVIVW listings to follow. The key near-term opportunity is deal announcements or warrant-value movements as the trust remains the primary valuation anchor.

Texas Ventures Acquisition IV Corp Completes $172,500,000 Initial Public Offering

AI Summary

Sentiment Rationale

Trading Thesis

Market-Moving

Key Facts

Companies Mentioned

Corporate Developments

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