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TVAI

Thayer Ventures Acquisition Corporation II

TVAI is Thayer Ventures Acquisition Corporation II, a special purpose acquisition company listed on NASDAQ. It raised $175.0M at $10.00 a unit on 15 May 2025 and has been looking for a target for 1y 2m. Its shares last closed at $10.37, +3.70% against the $10.00 issue price. Cash in trust per share, the charter deadline and the size of the sponsor’s promote are not published here yet — those three come out of the SPAC’s own filings.

Close $10.37
vs IPO price +3.70%
IPO size $175.0M
Searching 1y 2m

The offering

IPO date 15 May 2025
Unit price $10.00
Units offered 17.5M
Gross proceeds $175.0M
Venue NASDAQ
Listing status Active

The market

Last close $10.37
vs $10 issue price +3.70%
52-week high $10.40
52-week low $9.75
Volume, last session 221
Average volume 56K
vs its own average 0.00×
Average dollar volume (14d) $235K
Market cap $282.0M
Shares outstanding 27.2M
Free float 18.7M

As at 2026-08-14.

Last filed balance sheet

Total assets $208.5M
Cash $131K
Total liabilities $217.0M

A SPAC’s public shares are redeemable, so these lines do not net out the way an operating company’s do — and none of them is the trust. For a SPAC that listed this quarter the sheet on file predates the IPO entirely.

From the filings

Cash in trust per share N/A
Charter deadline N/A
Sponsor promote N/A

The three figures this site is being built to publish, and the three no market data feed can answer. They are read off each SPAC's prospectus, charter and quarterly reports, and until that pipeline lands they read N/A rather than being filled in from something adjacent. What each one means.

Identifiers

CIK 1872228
ISIN KYG878901027
CUSIP G87890102
SIC 6770
Domicile Cayman Islands
Head office California, US
Incorporated 2024

Listing and market figures as at 2026-08-14, from the dataset behind the screener. Not a recommendation — see the disclaimer.

Know which date decides what you get.

The redemption election closes before the vote, and it is the one that returns cash. The lifecycle page walks the whole sequence.

The SPAC lifecycle