TWLV

Twelve Seas Investment Co Iii/cayman

A "blank check" company, Twelve Seas Investment Company III is a special purpose acquisition company (SPAC) set up to raise money from investors and use it to buy or merge with an existing business—it has no operations of its own. Incorporated in the Cayman Islands in 2024, it held its initial public offering in late 2025 and looks for established, profitable companies outside the United States, especially in the oil and gas sector. Its name is said to nod to a global reach, since it hunts targets across seas rather than in its home market.

Class A Common Stock — Liquidated in June 2024 after failing to complete business combination; final redemption ~0.64/share