Twelve Seas Investment Company III (TWLV)
Pursues a merger or similar transaction with an international business.
Something off on this page? Send us feedback.
Formed as a Cayman-incorporated SPAC, it seeks an initial business combination with an international business. Its stated search focus spans Latin America and the Pan-Eurasian region, including the Middle East and Central Asia.
Organized as a Cayman Islands blank-check company, it was created to complete a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization, or similar business combination. It has not selected a target or reported substantive target discussions.
Its stated search focus is on international businesses in Latin America and the Pan-Eurasian region, including the Middle East and Central Asia. Before a transaction is completed, it has no acquired operating business or product portfolio.
The company depends structurally on completing an initial business combination within its stated combination period, subject to board action and applicable requirements.
Company facts
No analyst consensus on record.
EPSReportedEstimate
RevenueReportedEstimate
Balance sheet, Jun 30, 2026Cash & short-term investments $392.0K · Total debt $0 · Total assets $176.4M · Shareholders' equity $169.3M
- Revenue
- $0
- Operating income
- −$135.7K
- Net income
- $1.4M
No dividends on record.
| Institutions39 holders · as of Mar 31, 2026 | ≥ 128.62% | 13.61M shares | |
| Adds to | 128.62% |
10.58M company shares as of Aug 21, 2026 · institutions as of Mar 31, 2026 · holders as of their latest filing
The share count is from the company's Aug 2023 quarterly report; nothing newer is on file here.
Institutional filings for TWLVW (100% of the company) are not on file here, so the institutional figure is a floor.
These groups come from separate filings that can overlap, so they add to 128.62%; nothing is left for Other.
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Evidence |
|---|---|---|---|
Adage Capital Partners GP, L.L.C.Institution | 12.76% | 1.35M | 13Fas of Mar 31, 2026 |
Linden Advisors LPInstitution | 8.50% | 900,000 | 13Fas of Mar 31, 2026 |
Tenor Capital Management Co., L.P.Institution | 7.56% | 800,000 | 13Fas of Mar 31, 2026 |
AQR Arbitrage LLCInstitution | 7.03% | 744,038 | 13Fas of Mar 31, 2026 |
Alberta Investment Management CorpInstitution | 5.67% | 600,000 | 13Fas of Mar 31, 2026 |
| See all 25 → | |||
13F — a manager's quarterly holdings
Insider tradesForm 4
Nothing filed in the last 12 months.
Not reported.