Twelve Seas Investment Co

Merged
CIK: 1726146•Ticker: TWLV
Successfully merged with Brooge Petroleum And Gas Investment Company FZE (BPGIC)

SPAC Overview

$180M
IPO Size
$213M
Trust (as of 2019-09-30)
Completed
Current Status
2018
IPO Year

Timeline Progress

About

Twelve Seas Investment Company is a blank-check company formed to pursue a merger or other business combination with an unidentified target. It intends initially to search for private companies in the Pan-Eurasian region with positive operating cash flow, significant assets, and successful management teams seeking access to U.S. capital markets.

Geographic Focus

Pan-Eurasian region

Embarc dashboard

What the sponsor registered, what the deal actually priced at, and every 8-K that moved it — unit structure, sponsor promote, and the dated lifecycle events, each linked to its filing.

  • Unit structure as registered and as priced — price, warrant coverage, rights, trust per unit
  • Sponsor promote: founder shares and percentage, private-placement warrants, trust deposit
  • The full 8-K lifecycle timeline, each event linked to its filing
  • Price history across the unit, share and warrant tickers
  • Follow it, and see it change on your watchlist
Open in the dashboard

SPAC Team

Extended Team Information

The team has experience in private equity, investment banking, corporate finance and cross-border transactions across Europe, the Middle East and Central Asia. Chairman Neil Richardson and CEO Dimitri Elkin have private-equity experience; President Stephen Vogel and CFO Stephen Cannon have prior SPAC experience; COO Bryant Edwards has extensive legal and capital-markets experience.

Stock Performance

TWLVU
Trading Symbol
First Trade
December 12, 2025
$10.00
6 Months Post-Merger
December 12, 2025
$10.00
0%
1 Year Post-Merger
December 12, 2025
$10.00
0%
2 Years Post-Merger
December 12, 2025
$10.00
0%
Current Price
September 30, 2026
$10.16
+2%

Key Information

IPO Date
June 20, 2018
Total Redemptions
$175M
PIPE
$150M
State of Incorporation
E9
SIC
6770
Completion Date
December 20, 2019
Merger Target
Brooge Petroleum And Gas Investment Company FZE (BPGIC)
SPAC Ticker
TWLV