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Dec 11, 2025 8:00 PM

Twelve Seas Investment Company III Announces Pricing of $150,000,000 Initial Public Offering

Los Angeles, California, Dec. 11, 2025 (GLOBE NEWSWIRE) -- Twelve Seas Investment Company III (NASDAQ:TWLVU) (the "Company") today announced the pricing of its initial public offering of 15,000,000 units at a price of $10.00 per unit. The Company's units will be listed on the Nasdaq Global Market under the symbol "TWLVU" and will begin trading on December 12, 2025. Each unit issued in the offering consists of one Class A ordinary share of the Company and one right to receive one tenth (1/10) of a Class A ordinary share upon the consummation of the Company's initial business combination. Once the securities comprising the units begin separate trading, the Class A ordinary shares and rights are expected to be listed on NASDAQ under the symbols "TWLV" and "TWLVR," respectively. The closing of the offering is anticipated to take place on or about December 15, 2025, subject to customary closing conditions.

The Company is a blank check company formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. The Company may pursue an initial business ...