On December 1, 2022 10X Capital Venture Acquisition Corp. III of his decision to resign from the Company's Board of Directors, effective as of December 1, 2022. Mr. Silver's decision to resign was not the result of any disagreement with the Company, the Company's management or the Board.

On December 8, 2022, the Board appointed Kash Sheikh to serve as a Class II director of the Board. Mr. Sheikh will also serve as a member of the Audit Committee of the Board.