Twelve Seas Investment CO Iii/cayman
Market Movers (8-K)
NASDAQ
Twelve Seas Investment Company III announced that its Class A ordinary shares and rights will begin trading separately on Nasdaq starting January 9, 2026.
NASDAQ
Twelve Seas Investment Company III successfully closed its initial public offering of 17.25 million units, raising $172.5 million, alongside a $4.95 million private placement.
Capital raise
NASDAQ
Twelve Seas Investment Company III announced the closing of its $172.5 million initial public offering, including the full exercise of the over-allotment option, with proceeds placed in a trust account for future business combination.
Capital raise
Insider Trading (Form 4)
NASDAQ
Twelve Seas Sponsor LLC acquired 300,000 Class A ordinary shares and associated rights in Twelve Seas Investment Co III for $10 per unit.
Capital raise
New Public Companies (S-1)
NASDAQ
Twelve Seas Investment Company III, a blank check company, filed an S-1/A registration statement for a $150 million initial public offering, but its auditor expressed substantial doubt about its ability to continue as a going concern.
Capital raise
Worse than expected
NASDAQ
Twelve Seas Investment Company III, a blank check company, filed an amended registration statement for its initial public offering of 15 million units at $10.00 each, aiming to raise $150 million for a business combination.
Capital raise
NASDAQ
Twelve Seas Investment Company III, a blank check company, filed an S-1/A for a $150 million IPO to seek a business combination, primarily targeting non-U.S. companies in natural resources.
Capital raise
Worse than expected
NASDAQ
Twelve Seas Investment Company III, a blank check company, filed an amended registration statement for its $150 million initial public offering, outlining its strategy to acquire non-U.S. companies while disclosing significant dilution risks for public shareholders and potential conflicts of interest involving its management team.
Capital raise
Worse than expected
NASDAQ
S-1: Twelve Seas Investment Company III Files for $150 Million IPO Targeting Global Business Combination
Twelve Seas Investment Company III, a blank check company, has filed for a $150 million IPO to pursue a merger, share exchange, or asset acquisition with a global company, particularly focusing on opportunities outside the United States.
Capital raise
Schedule 13D - Activist Investments
NASDAQ
Twelve Seas Sponsor LLC, along with its affiliates, has reported a 25.6% beneficial ownership stake in Twelve Seas Investment Co III/Cayman, a blank check company, following its IPO.
Schedule 13G - Passive Investments
NASDAQ
Adage Capital Management, L.P., along with Robert Atchinson and Phillip Gross, reported a 7.61% beneficial ownership in Twelve Seas Investment Co III's Class A Ordinary Shares.
NASDAQ
Tenor Capital Management Company, L.P., Tenor Opportunity Master Fund, Ltd., and Robin Shah have jointly reported a 5.2% beneficial ownership stake in Twelve Seas Investment Co III's Class A ordinary shares.
NASDAQ
Linden Advisors LP and Siu Min Wong have disclosed a 5.1% beneficial ownership stake in Twelve Seas Investment Company III, primarily through Linden Capital L.P. and separately managed accounts.