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Twelve Seas Investment Company Ii  (NASDAQ: TWLVU)
Other Ticker:  
 
    Sector  Financial    Industry Blank Checks
   Industry Blank Checks
   Sector  Financial
 
Price: $10.9000 $-0.01 -0.092%
Day's High: $10.9 Week Perf: -3.71 %
Day's Low: $ 10.90 30 Day Perf:
Volume (M): 0 52 Wk High: $ 0.00
Volume (M$): $ 1 52 Wk Avg: $0.00
Open: $10.90 52 Wk Low: $0.00



 Market Capitalization (Millions $) 195
 Shares Outstanding (Millions) 18
 Employees -
 Revenues (TTM) (Millions $) -
 Net Income (TTM) (Millions $) 4
 Cash Flow (TTM) (Millions $) 0
 Capital Exp. (TTM) (Millions $) 0

Twelve Seas Investment Company Ii
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


   

Stock Performances by Major Competitors

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Merger and Acquisition

Twelve Seas Investment Company II Announces Abandonment of Third Extension and Decision to Liquidate

Published Mon, Jun 10 2024 11:27 AM UTC



In a surprising turn of events, Twelve Seas Investment Company II (NASDAQ: TWLV) has made a significant decision to abandon the proposed third extension for completing a business combination. Instead, the Board of Directors has resolved to liquidate the company entirely. This announcement has sent shockwaves through the business community and has raised questions a...

Twelve Seas Investment Company Ii

Skyrocketing Working Costs at TWLVU Make Waves in Third Quarter of 2023 Earnings Season

In the world of finance, the Blank Checks sector has been capturing the attention of market participants. While the big players in this industry dominate the headlines, a few smaller businesses have been quietly making their presence known. One such company is TWLVU, which recently revealed its financial results for the third quarter of 2023.
TWLVU disclosed an operating shortfall of $-0.197537 million for the third quarter of 2023. This represents a decrease from the operating shortfall of $-0.165568 million reported in the same period last year. While this reduction is noteworthy, market participants are anxiously waiting to see if TWLVU can start showing improvement in its top-line revenue.

Twelve Seas Investment Company Ii

Twelve Seas Investment Co II Faces Profitability Concerns as Earnings Per Share Decrease Significantly in Q2 2023



Twelve Seas Investment Company II, a well-known company in the financial sector, recently released its financial results for the second quarter of 2023. Despite stable revenue, the company experienced a significant decrease in earnings per share (EPS) compared to the previous year. This article will delve into the financial details, providing insights into the company's performance and its implications for investors. Additionally, we will analyze the context surrounding Twelve Seas Investment Co II's stock performance over the last five trading days.
Financial Results Analysis:
For the second quarter of 2023, Twelve Seas Investment Co II reported an earnings shortfall of $-0.01 per share, exhibiting a decline from the $0.05 EPS recorded in the same period of the previous year. Moreover, there was a drop in EPS from $0.04 per share from the prior reporting period. This decline is of concern as it reveals a deterioration in the company's profitability and suggests potential difficulties in generating earnings.

Twelve Seas Investment Co Ii

Twelve Seas Investment Co II's Fiscal Performance Contracts in Q1 2023, Experiencing a Significant Operating Loss of $-0.612985 Million

As a journalist, I have been closely following the financial results of the TWLVU from January to March 31, 2023. Despite the stockholders' lack of expectations for significant changes in revenue during this reporting season, the company's operating loss of $-0.612985 million is of particular interest to investors.
The ongoing developments within the company have caused investors to pay close attention to the business strategies that are expected to be implemented in the near future. At present, shareholders are less concerned with the organizational and operational excellence of TWLVU, and more focused on the company's potential for success in the future.










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