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Pan-Eurasian focused SPAC Twelve Seas Investment prices upsized $180 million IPO at $10

June 20, 2018
Brooge Holdings (Twelve Seas Investment Co) logo

Twelve Seas Investment Company, a blank check company formed to acquire a business located in the Pan-Eurasian region, raised $180 million by offering 18 million units at $10. Twelve Seas Investment Company plans to list on the Nasdaq under the symbol TWLVU. EarlyBirdCapital acted as a lead manager on the deal.