SANTA CLARA, Calif. & NEW YORK--(BUSINESS WIRE)--Sep 3, 2026-- Plus Automation, Inc. (“PlusAI”), a global physical AI company pioneering AI-based virtual driver software for factory-built autonomous trucks, and Texas Ventures Acquisition III Corp (Nasdaq: TVA, TVACU, TVACW) (“Texas Ventures III”), a special purpose acquisition company with financial backing from funds managed by Yorkville Advisors Global, LP (“Yorkville Advisors”), a global asset manager that has completed transactions valued at over $9 billion since its founding in 2001, announced today that they have entered into a definitive business combination agreement. Upon closing of the transaction, the combined company will operate as PlusAI. kAm%96 EC2?D24E:@? 4@>6D 2D !=FDpx 6?E6CD 2 A6C:@5 @7 2446=6C2E:?8 4@>>6C4:2= >@>6?EF>] !=FDpx :D 24E:G6=J @A6C2E:?8 2FE@?@>@FD 7C6:89E C@FE6D :? %6I2D H:E9 #J56C 2?5 x?E6C?2E:@?2= 2?5 :D H@C<:?8 H:E9 8=@32= ECF4< >2?F724EFC6CD[ :?4=F5:?8 %#p%~}[ wJF?52: 2?5 x'tr~[ E@ 25G2?46 :ED 4@>>6C4:2= =2F?49 @7 724E@CJ\3F:=E 2FE@?@>@FD ECF4<D :?E68C2E65 H:E9 $FA6CsC:G6™ E2C86E65 7@C a_af] !=FDpx 92D 86?6C2E65 Sad >:==:@? @7 C6G6?F6 E9C@F89 :ED wJA6Cu@F?5CJ A=2E7@C>[ 2?5 :D E2C86E:?8 2? 288C682E6 @7 Sc_–d_ >:==:@? @7 4@?EC24E65 C6G6?F6 :? a_ae]k^Am kAms2G:5 {:F[ r@‑u@F?56C 2?5 rt~ @7 !=FDpx[ D2:5[ “%9:D EC2?D24E:@? G2=:52E6D 2 J62C @7 D:8?:7:42?E 6I64FE:@? 2?5 @A6C2E:@?2= >:=6DE@?6D 7@C !=FDpx] (6 2C6 @A6C2E:?8 2FE@?@>@FD 7C6:89E C@FE6D :? %6I2D E@52J[ 6IA2?5:?8 @FC ~t| A2CE?6CD9:AD[ 2?5 DF446DD7F==J >@?6E:K:?8 E96 AC@AC:6E2CJ 52E2[ >@56=D 2?5 D:>F=2E:@? 42A23:=:E:6D H6 92G6 3F:=E @G6C E96 A2DE 564256] wJA6Cu@F?5CJ :D 86?6C2E:?8 C6G6?F6 E@52J H9:=6 $FA6CsC:G6 25G2?46D E@H2C5 4@>>6C4:2= =2F?49 :? a_af] (6 36=:6G6 E9:D 4@>3:?2E:@? @7 ?62C\E6C> C6G6?F6[ 2 42A:E2=\677:4:6?E D@7EH2C6 3FD:?6DD >@56=[ 2?5 2 4=62C A2E9 E@ =2C86\D42=6 2FE@?@>@FD ECF4<:?8 56A=@J>6?E F?:BF6=J A@D:E:@?D !=FDpx 7@C =@?8\E6C> 8C@HE9]”k^Am kAm%C@J #:==@[ rt~ @7 %6I2D '6?EFC6D xxx[ D2:5[ “!=FDpx :D 2 =6256C :? 2FE@?@>J 2?5 :D A@D:E:@?65 E@ AC@G:56 @?6 @7 E96 =625:?8 D@=FE:@?D E@ >2<6 2FE@?@>@FD ECF4<:?8 2 4@>>6C4:2= C62=:EJ] !=FDpx A2:CD