Renaissance Capital logo

Twelve Seas Investment III Filed Terms, Nasdaq: TWLVU

Blank check company targeting global companies located outside the US.

Industry: SPAC

We are a blank check company. While we may pursue an initial business combination target in any business, industry or geographic location, we intend to focus our search on global companies located outside the United States, with an emphasis on established profitable enterprises in oil and gas and other sectors which our management team believes are proven. We will also consider prospective targets located in the United States, but which are owned by non-U.S. shareholders, including sovereign wealth funds, family offices, international entrepreneurs or global industrial conglomerates. Our management team has a track record of creating value for shareholders by acquiring attractive businesses at disciplined valuations, investing in growth while fostering financial discipline and ultimately improving financial results.
IPO Data
IPO File Date 04/07/2025
Offer Price
Price Range $10.00 - $10.00
Offer Shares (mm) 15.0
Deal Size ($mm) $150
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
Cohen & Company Securities
Company Data
Headquarters Los Angeles, CA, United States
Founded 2024
Employees at IPO 2

Twelve Seas Investment III (TWLVU) Performance

Created with Highcharts 10.3.2Chart context menuTWLVU vs. IPO Index (IPOUSA)27. Jan3. Feb10. Feb17. Feb24. Feb3. Mar10. Mar17. Mar24. Mar31. Mar7. Apr14. Apr21. Apr-40%-20%0%+ 20%View 5 days5dView 1 month1mView 3 months3mView year to dateYTDView 1 year1yView allAllRenaissance IPO IndexOur ETF tracks the IPO Index