Twelve Seas Investment Company II Announces Third Extension Not to be Implemented and Company to Liquidate
Twelve Seas Investment pany IITwelve Seas Investment pany II(US:TWLV) Newsfilter·2024-06-10 11:27

The Board made these determinations based on its belief that the Company would be unable to consummate a Business Combination by August 26, 2024, the deadline provided by the Nasdaq Stock Market LLC ("Nasdaq") Hearings Panel ("Panel") following a hearing held on May 2, 2024 regarding the Company's non-compliance with Nasdaq Listing Rule IM-5101-2 and Nasdaq Listing Rule 5250(c)(1). Consequently, all shares submitted by stockholders for redemption in connection with the Meeting are being returned to such red ...