Twelve Seas Investment Company III Completes $172,500,000 Initial Public Offering
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Twelve Seas Investment Company III completed its initial public offering, raising $172.5 million by selling 17,250,000 units at $10 each. The units began trading on NASDAQ under the symbol "TWLVU" on December 12, 2025. Each unit includes one Class A ordinary share and a right to receive one-tenth of a Class A share upon a business combination. The company, a blank check firm, aims to merge with global companies, focusing on profitable enterprises in oil and gas and other sectors.
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