| Market Capitalization (Millions $) |
182 |
| Shares
Outstanding (Millions) |
18 |
| Employees |
- |
| Revenues (TTM) (Millions $) |
- |
| Net Income (TTM) (Millions $) |
4 |
| Cash Flow (TTM) (Millions $) |
0 |
| Capital Exp. (TTM) (Millions $) |
0 |
Business Description
Twelve Seas Investment Company II is a special purpose acquisition company (SPAC) that was formed with the purpose of merging with or acquiring one or more businesses. It is the second SPAC launched by Twelve Seas Investment Company, following the success of its first SPAC, Twelve Seas Investment Company I.
The company was established by a team of experienced professionals and is led by a group of industry veterans. It aims to identify attractive opportunities in various sectors, including technology, media, and telecom (TMT), consumer goods, and healthcare, among others.
Twelve Seas Investment Company II raised funds through an initial public offering (IPO), where it sold units, consisting of one share of common stock and one warrant to purchase additional shares. The SPAC has a designated timeline within which it must identify and complete a merger or acquisition, typically within two years from its IPO.
Once Twelve Seas Investment Company II identifies a suitable target, it will negotiate and execute a merger or acquisition agreement. The target company will then become a publicly-traded entity through the merger with the SPAC. This process provides an alternative way for private companies to go public.
Overall, Twelve Seas Investment Company II focuses on identifying compelling business opportunities that have the potential for long-term growth and value creation. It leverages its team's expertise and industry knowledge to identify and execute strategic transactions that can benefit both its shareholders and the acquired company.
Company Address: 228 Park Avenue S. New York 10003 NY
Company Phone Number: 667-3211 Stock Exchange / Ticker: NASDAQ TWLVU
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