SPAC Twelve Seas Investment III prices $150 million IPO, targeting international energy
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Twelve Seas Investment III, a SPAC targeting international oil and gas companies, priced its $150 million IPO at $10 per unit, each including one share and a right to receive one-tenth of a share post-business combination. Led by Dimitri Elkin, the company plans to list on Nasdaq under TWLVU, focusing on profitable enterprises outside the US. Cohen & Company Securities is the sole bookrunner.
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