Twelve Seas Investment Co III Completes IPO and Private Placement
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Twelve Seas Investment Co III completed its IPO and private placement on December 15, 2025, raising $177.45 million. The IPO raised $172.5 million from 17.25 million units at $10 each, while the private placement added $4.95 million from 495,000 units. Funds are placed in a trust for future business combinations. The company faces liquidity concerns, which management plans to address through a business combination.
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