May 21, 2024

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Twelve Seas Expenditure Corporation II Announces Pricing of Upsized $300,000,000 Initial General public Giving Nasdaq:TWLVU

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Los Angeles, CA, Feb. 25, 2021 (World NEWSWIRE) — Twelve Seas Expense Organization II (the “Company”) declared now that it priced its original community presenting of 30,000,000 units at $10.00 for each device. The models will be shown on the Nasdaq Money Marketplace (“Nasdaq”) and will start investing tomorrow, Friday, February 26, 2021, underneath the ticker image “TWLVU”. Just about every unit consists of a person share of the Company’s Course A prevalent inventory and just one-third of 1 redeemable warrant, each and every whole warrant entitling the holder thereof to buy a person share of Class A frequent stock at a rate of $11.50 for every share. Only entire warrants are exercisable and will trade.  Once the securities comprising the units start independent trading, shares of the Course A common inventory and warrants are predicted to be mentioned on Nasdaq less than the symbols “TWLV” and “TWLVW,” respectively.

The Enterprise is a blank test business formed for the function of effecting a merger, money stock trade, asset acquisition, stock invest in, reorganization or comparable company mix with a single or a lot more companies. Though the Corporation may pursue an initial small business blend concentrate on in any business, marketplace or geographic area, it intends to emphasis its search on companies located outside the United States, principally in the Pan-Eurasian area, which include Western Europe, Jap Europe and the Middle East. The Firm is led by Chairman, Neil Richards, Main Govt Officer, Dimitri Elkin and Chief Monetary Officer, Jonathan Morris.

Mizuho Securities United states of america LLC is performing as the sole guide operating manager for the featuring. The Business has granted the underwriters a 45-working day alternative to invest in up to an extra 4,500,000 models at the initial general public giving rate to address above-allotments, if any.

The providing is remaining built only by indicates of a prospectus.  Copies of the prospectus may perhaps be received, when out there, from Mizuho Securities United states LLC, Notice: Fairness Cash Marketplaces, 1271 Avenue of the Americas, New York 10020 Phone: 212-205-7600.

A registration assertion relating to these securities has been filed with, and declared powerful by, the Securities and Exchange Commission (“SEC”) on February 25, 2021.  This push launch shall not represent an supply to market or the solicitation of an offer you to obtain, nor shall there be any sale of these securities in any point out or jurisdiction in which these an supply, solicitation or sale would be unlawful prior to registration or qualification below the securities guidelines of any this kind of condition or jurisdiction.

Forward-Seeking STATEMENTS

This push launch consists of statements that constitute “forward-looking statements,” together with with regard to the first public providing. No assurance can be supplied that the supplying mentioned earlier mentioned will be concluded on the terms described, or at all. Ahead-wanting statements are issue to many circumstances, several of which are further than the control of the Corporation, like people established forth in the Danger Factors part of the Company’s registration statement and preliminary prospectus for the featuring filed with the SEC. Copies are offered on the SEC’s web page, www.sec.gov. The Company undertakes no obligation to update these statements for revisions or improvements soon after the day of this launch, other than as necessary by regulation.

Get in touch with

Dimitri Elkin
Twelve Seas Financial investment Firm II
(323) 667-3211

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