Twelve Seas Investment Company II Announces Termination of its Business Combination Agreement with Crystal Lagoons, Expected Filing of Form 25 and Final Redemption Amount

New York, NY, June 25, 2024 (GLOBE NEWSWIRE) -- Twelve Seas Investment Company II (the "Company") today announced that its previously announced Agreement and Plan of Merger in connection with its planned business combination with Crystal Lagoons U.S. Corp., a Delaware corporation ("Original Crystal Lagoons") and CL Newco Inc., a Delaware corporation ("New Crystal Lagoons" and together with Original Crystal Lagoons, "Crystal Lagoons") was terminated by Crystal Lagoons due to the conditions to the closing of ...