Twelve Seas Investment Company III Completes $172,500,000 Initial Public Offering
TWELVE SEAS INVETWELVE SEAS INVE(US:TWLVU) Globenewswire·2025-12-16 05:00

Los Angeles, California, Dec. 15, 2025 (GLOBE NEWSWIRE) -- Twelve Seas Investment Company III(NASDAQ:TWLVU) (the “Company”) today announced the closing of its initial public offering of 17,250,000 units, including 2,250,000 units sold pursuant to the full exercise of the underwriters’ over-allotment option. The offering was priced at 10.00perunit,resultingingrossproceedsof10.00 per unit, resulting in gross proceeds of 172,500,000. Of the proceeds received from the consummation of the initial public offering and a simultaneous private placement ...