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News  ›  GlobeNewswire Inc.

Twelve Seas Investment Company III Completes $172,500,000 Initial Public Offering

GlobeNewswire Inc. Logo GlobeNewswire Inc. By Dimitri Elkin
Twelve Seas Investment Company III Completes $172,500,000 Initial Public Offering

Twelve Seas Investment Company III completed its initial public offering of 17,250,000 units at $10.00 per unit, raising $172.5 million. The blank check company aims to pursue business combinations with global companies, particularly in oil and gas sectors.

Insights
GASNY   positive

Signed a 20-year LNG Sales and Purchase Agreement with Venture Global for 1 MTPA starting in 2030


COHN   neutral

Served as sole book-running manager for the offering without additional notable context