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Twelve Seas Investment Company II (TWLV)
USD10.02
+0.03 (+0.30%)
US NASDAQ Financial Services Shell Companies
Address
228 Park Avenue South 10003-1502
New York City, NY, US
New York City, NY, US
CEO
Dimitri Elkin
Website
twelveseascapital.com
IPO
2021-04-29
CIK 1819498 ISIN KYG9145D1016
Also trades on
NASDAQ Capital Market · TWLV (USD)
NASDAQ Capital Market · TWLVU (USD)
NASDAQ Capital Market · TWLVW (USD)
Description
Twelve Seas Investment Company II currently lacks substantive business operations. Its primary objective is to seek and complete a strategic transaction, such as a merger, capital stock exchange, asset acquisition, stock purchase, or corporate reorganization, with one or more existing businesses. This entity was founded in 2020 and has its headquarters located in New York, New York.
Market Cap & Enterprise Value
Merger & Acquisition History
No mergers or acquisitions recorded for this company.
Technical Outlook
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Signal Summary
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| Indicator | 1D | 1W | 2W | 3W | 1M |
|---|
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
USD10.02
+0.03 (+0.30%)
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Volume Profile
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Liquidity & share structure
Average Volume
8.7K
Beta
0.10
Float Shares
3.40M
Free Float %
32.1%
Price Performance
| 1D | 5D | 1M | 3M | 6M | YTD | 1Y | 3Y | 5Y | 10Y | Max |
|---|---|---|---|---|---|---|---|---|---|---|
| +0.15% | +0.30% | +0.40% | +0.71% | +1.11% | +1.11% | +1.11% | -3.39% | +2.36% | +2.36% | +2.36% |
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
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Annual Monthly Returns
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Daily Returns Distribution
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Revenue flow
Revenue by geography
Revenue by segment
From
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Revenue composition
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By product
By geography
Financial Statements
Select metrics from the tables below to build your comparison.
Income Statement
Balance Sheet
Cash Flow Statement
Key Metrics
Financial Ratios
Employees
Financial Growth (CAGR)
Market Data
Price Targets & DCF
Current price
10.02
DCF (Levered)
0.01
-99.9%
DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.
Quality scores
Altman Z-Score
18.41
Safe zone
Piotroski F-Score
3 / 9
Average
MOAT Score
3 / 10
No MOAT
Operational MOAT
✗ Below peers
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Revenue growth Shell Companies: +20.6%—
-
EPS growth Shell Companies: -12.3%+381.9% ★ Q3'23: -55.6% (vs Q3'22)
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FCF margin FCF growth · Shell Companies: +8.7%—
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EBIT margin Shell Companies: +0.0%—
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ROIC Shell Companies: +0.0%-0.3% Q3'23: -1.9% (vs Q3'22)
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Share dilution Shell Companies: -10.2%+0.0% ★ Q3'23: -70.7% (vs Q3'22)
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Debt / EBITDA Net debt/EBITDA · Shell Companies: 0.00×-0.01× Q3'23: -0.58× (vs Q3'22)
Valuation Multiples
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Price Forecast (3Y)
From
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Theoretical Return — If Invested Today
* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.
Owner Earnings
Owner's Earnings (history)
Owner's Earnings history not available.
Owner alignment
Owner's Earnings TTM
—
OE per share TTM
—
Owner's Yield
—
Maintenance CapEx ratio
—
Maint CapEx / Avg PPE
—
Ownership Overview
Ownership breakdown
At a glance
Institutional holders
39
Total invested
134.53M
Insider transactions (90d)
0
Beneficial owners (>5%)
21
Beneficial owners (>5%)
| # | Reporting person | Amount owned | % of class | Sole voting | Shared voting | Sole dispositive | Shared dispositive | Type | Citizenship | Filing date | SEC filing |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Dimitri Elkin | 9.29M | 21.00% | — | 9.29M | — | 9.29M | IN | United States | 2022-02-11 | ↗ |
| 2 | Jonathan Morris | 9.29M | 21.00% | — | 9.29M | — | 9.29M | IN | United States | 2022-02-11 | ↗ |
| 3 | Twelve Seas Sponsor II LLC | 9.29M | 21.00% | 9.29M | — | 9.29M | — | OO | Delaware | 2022-02-11 | ↗ |
| 4 | Investment Management | 3.45M | 7.79% | 3.23M | — | 3.45M | — | IA | York | 2022-02-14 | ↗ |
| 5 | AMC SPAC Fund GP LP | 2.22M | 6.20% | 2.22M | — | 2.22M | — | PN | Cayman Islands | 2022-12-21 | ↗ |
| 6 | AMC SPAC Fund MGP LLC | 2.22M | 6.20% | 2.22M | — | 2.22M | — | OO | Cayman Islands | 2022-12-21 | ↗ |
| 7 | Atlas Merchant Capital GP LLC | 2.22M | 6.20% | 2.22M | — | 2.22M | — | OO | Cayman Islands | 2022-12-21 | ↗ |
| 8 | Atlas Merchant Capital Holdings, Ltd. | 2.22M | 6.20% | 2.22M | — | 2.22M | — | OO | Cayman Islands | 2022-12-21 | ↗ |
| 9 | Atlas Merchant Capital LLC | 2.22M | 6.20% | 2.22M | — | 2.22M | — | IA, OO | Cayman Islands | 2022-12-21 | ↗ |
| 10 | Atlas Merchant Capital LP | 2.22M | 6.20% | 2.22M | — | 2.22M | — | PN | Cayman Islands | 2022-12-21 | ↗ |
| 11 | Atlas Merchant Capital SPAC Fund I LP | 2.22M | 6.20% | 2.22M | — | 2.22M | — | OO | Cayman Islands | 2022-12-21 | ↗ |
| 12 | David I. Schamis | 2.22M | 6.20% | — | 2.22M | — | 2.22M | IN | Cayman Islands | 2022-12-21 | ↗ |
| 13 | Robert E. Diamond | 2.22M | 6.20% | — | 2.22M | — | 2.22M | IN | Cayman Islands | 2022-12-21 | ↗ |
| 14 | Corbin Capital Partners GP, LLC | 1.25M | 3.50% | — | 1.25M | — | 1.25M | OO | Delaware | 2021-12-14 | ↗ |
| 15 | Corbin Capital Partners, L.P. | 1.25M | 3.50% | — | 1.25M | — | 1.25M | IA, PN | Delaware | 2021-12-14 | ↗ |
| 16 | Corbin ERISA Opportunity Fund, Ltd. | 875.0K | 2.50% | — | 875.0K | — | 875.0K | OO | Delaware | 2021-12-14 | ↗ |
| 17 | Atalaya Capital Management LP | 750.0K | 2.10% | — | 750.0K | — | 750.0K | IA, PN | Delaware | 2021-12-14 | ↗ |
| 18 | Atalaya Special Purpose Investment Fund LP | 750.0K | 2.10% | — | 750.0K | — | 750.0K | PN | Delaware | 2021-12-14 | ↗ |
| 19 | Corbin Opportunity Fund, L.P. | 375.0K | 1.20% | — | 375.0K | — | 375.0K | PN | Delaware | 2021-03-08 | ↗ |
| 20 | Corbin | 375.0K | 1.10% | — | 375.0K | — | 375.0K | PN | Delaware | 2021-12-14 | ↗ |
| 21 | Corbin Capital Partners Group, LLC | — | 0.00% | — | — | — | — | OO | Delaware | 2021-12-14 | ↗ |
Institutional Activity (13F)
Institutional ownership trend
From
To
13F snapshot — 2026 Q1
Investors holding
39
+39 vs prev Q
New positions
39
Closed positions
0
Increased
39
Reduced
0
Put/Call ratio
0.00
Calls held
—
Puts held
—
Top institutional holders
| # | Investor | Shares / Δ | Mkt value / Δ | Own% / Δ | Weight% / Δ | Avg px / Perf. | Hold / Status |
|---|---|---|---|---|---|---|---|
| 1 | ADAGE CAPITAL PARTNERS GP, L.L.C. | 1.35M +1.4M (+100.0%) | 13.32M +13.3M (+100.0%) | 10.39% +10.386 pp | 0.02% +0.021 pp | USD9.87 +0.0% | 1 qtrs NEW |
| 2 | LINDEN ADVISORS LP | 900.0K +900.0K (+100.0%) | 8.92M +8.9M (+100.0%) | 6.92% +6.924 pp | 0.05% +0.050 pp | USD9.87 +0.0% | 1 qtrs NEW |
| 3 | TENOR CAPITAL MANAGEMENT CO., L.P. | 800.0K +800.0K (+100.0%) | 7.90M +7.9M (+100.0%) | 6.15% +6.155 pp | 0.12% +0.122 pp | USD9.87 +0.0% | 1 qtrs NEW |
| 4 | AQR ARBITRAGE LLC | 744.0K +744.0K (+100.0%) | 7.37M +7.4M (+100.0%) | 5.72% +5.724 pp | 0.12% +0.121 pp | USD9.87 +0.0% | 1 qtrs NEW |
| 5 | ALBERTA INVESTMENT MANAGEMENT CORP | 600.0K +600.0K (+100.0%) | 5.95M +5.9M (+100.0%) | 4.62% +4.616 pp | 0.04% +0.036 pp | USD9.87 +0.0% | 1 qtrs NEW |
| 6 | POLAR ASSET MANAGEMENT PARTNERS INC. | 600.0K +600.0K (+100.0%) | 5.93M +5.9M (+100.0%) | 4.62% +4.616 pp | 0.12% +0.118 pp | USD9.87 +0.0% | 1 qtrs NEW |
| 7 | ARISTEIA CAPITAL LLC | 600.0K +600.0K (+100.0%) | 5.92M +5.9M (+100.0%) | 4.62% +4.616 pp | 0.12% +0.123 pp | USD9.87 +0.0% | 1 qtrs NEW |
| 8 | RADCLIFFE CAPITAL MANAGEMENT, L.P. | 500.0K +500.0K (+100.0%) | 4.94M +4.9M (+100.0%) | 3.85% +3.847 pp | 0.37% +0.370 pp | USD9.87 +0.0% | 1 qtrs NEW |
| 9 | RIVERNORTH CAPITAL MANAGEMENT, LLC | 500.0K +500.0K (+100.0%) | 4.94M +4.9M (+100.0%) | 3.85% +3.847 pp | 0.25% +0.247 pp | USD9.87 +0.0% | 1 qtrs NEW |
| 10 | SHAOLIN CAPITAL MANAGEMENT LLC | 491.7K +491.7K (+100.0%) | 4.85M +4.9M (+100.0%) | 3.78% +3.782 pp | 0.18% +0.179 pp | USD9.87 +0.0% | 1 qtrs NEW |
| 11 | BNP PARIBAS ARBITRAGE, SNC | 462.1K +462.1K (+100.0%) | 4.58M +4.6M (+100.0%) | 3.56% +3.555 pp | 0.00% +0.002 pp | USD9.87 +0.0% | 1 qtrs NEW |
| 12 | BLUECREST CAPITAL MANAGEMENT LTD | 400.0K +400.0K (+100.0%) | 3.96M +4.0M (+100.0%) | 3.08% +3.077 pp | 0.23% +0.234 pp | USD9.87 +0.0% | 1 qtrs NEW |
| 13 | MAGNETAR FINANCIAL LLC | 400.0K +400.0K (+100.0%) | 3.96M +4.0M (+100.0%) | 3.08% +3.077 pp | 0.04% +0.040 pp | USD9.87 +0.0% | 1 qtrs NEW |
| 14 | PICTON MAHONEY ASSET MANAGEMENT | 400.0K +400.0K (+100.0%) | 3.95M +3.9M (+100.0%) | 3.08% +3.077 pp | 0.03% +0.029 pp | USD9.87 +0.0% | 1 qtrs NEW |
| 15 | COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS | 400.0K +400.0K (+100.0%) | 3.95M +3.9M (+100.0%) | 3.08% +3.077 pp | 0.02% +0.020 pp | USD9.87 +0.0% | 1 qtrs NEW |
| 16 | MMCAP INTERNATIONAL INC. SPC | 400.0K +400.0K (+100.0%) | 3.95M +3.9M (+100.0%) | 3.08% +3.077 pp | 0.34% +0.341 pp | USD9.87 +0.0% | 1 qtrs NEW |
| 17 | HEIGHTS CAPITAL MANAGEMENT, INC | 350.0K +350.0K (+100.0%) | 3.47M +3.5M (+100.0%) | 2.69% +2.693 pp | 0.97% +0.967 pp | USD9.87 +0.0% | 1 qtrs NEW |
| 18 | HUDSON BAY CAPITAL MANAGEMENT LP | 350.0K +350.0K (+100.0%) | 3.47M +3.5M (+100.0%) | 2.69% +2.693 pp | 0.01% +0.012 pp | USD9.87 +0.0% | 1 qtrs NEW |
| 19 | GLAZER CAPITAL, LLC | 350.4K +350.4K (+100.0%) | 3.46M +3.5M (+100.0%) | 2.70% +2.696 pp | 0.07% +0.073 pp | USD9.87 +0.0% | 1 qtrs NEW |
| 20 | PERISCOPE CAPITAL INC. | 325.0K +325.0K (+100.0%) | 3.21M +3.2M (+100.0%) | 2.50% +2.500 pp | 0.36% +0.357 pp | USD9.87 +0.0% | 1 qtrs NEW |
| 21 | SONA ASSET MANAGEMENT (US) LLC | 301.0K +301.0K (+100.0%) | 2.97M +3.0M (+100.0%) | 2.32% +2.316 pp | 0.06% +0.063 pp | USD9.87 +0.0% | 1 qtrs NEW |
| 22 | CROSSINGBRIDGE ADVISORS, LLC | 300.0K +300.0K (+100.0%) | 2.96M +3.0M (+100.0%) | 2.31% +2.308 pp | 0.54% +0.536 pp | USD9.87 +0.0% | 1 qtrs NEW |
| 23 | KARPUS MANAGEMENT, INC. | 277.7K +277.7K (+100.0%) | 2.74M +2.7M (+100.0%) | 2.14% +2.137 pp | 0.09% +0.086 pp | USD9.87 +0.0% | 1 qtrs NEW |
| 24 | TWO SIGMA INVESTMENTS, LP | 271.9K +271.9K (+100.0%) | 2.68M +2.7M (+100.0%) | 2.09% +2.092 pp | 0.00% +0.002 pp | USD9.87 +0.0% | 1 qtrs NEW |
| 25 | SCHONFELD STRATEGIC ADVISORS LLC | 250.4K +250.4K (+100.0%) | 2.47M +2.5M (+100.0%) | 1.93% +1.927 pp | 0.02% +0.017 pp | USD9.87 +0.0% | 1 qtrs NEW |
| 26 | MOORE CAPITAL MANAGEMENT, LP | 250.0K +250.0K (+100.0%) | 2.47M +2.5M (+100.0%) | 1.92% +1.923 pp | 0.05% +0.050 pp | USD9.87 +0.0% | 1 qtrs NEW |
| 27 | WOLVERINE ASSET MANAGEMENT LLC | 165.5K +165.5K (+100.0%) | 1.63M +1.6M (+100.0%) | 1.27% +1.273 pp | 0.02% +0.016 pp | USD9.87 +0.0% | 1 qtrs NEW |
| 28 | WHITEBOX ADVISORS LLC | 150.0K +150.0K (+100.0%) | 1.48M +1.5M (+100.0%) | 1.15% +1.154 pp | 0.02% +0.018 pp | USD9.87 +0.0% | 1 qtrs NEW |
| 29 | MINT TOWER CAPITAL MANAGEMENT B.V. | 100.0K +100.0K (+100.0%) | 987.0K +987.0K (+100.0%) | 0.77% +0.769 pp | 0.09% +0.088 pp | USD9.87 +0.0% | 1 qtrs NEW |
| 30 | K2 PRINCIPAL FUND, L.P. | 100.0K +100.0K (+100.0%) | 987.0K +987.0K (+100.0%) | 0.77% +0.769 pp | 0.07% +0.069 pp | USD9.87 +0.0% | 1 qtrs NEW |
| 31 | BERKLEY W R CORP | 99.1K +99.1K (+100.0%) | 978.1K +978.1K (+100.0%) | 0.76% +0.762 pp | 0.05% +0.053 pp | USD9.87 +0.0% | 1 qtrs NEW |
| 32 | PARALLAX VOLATILITY ADVISERS, L.P. | 91.6K +91.6K (+100.0%) | 911.1K +911.1K (+100.0%) | 0.70% +0.705 pp | 0.00% +0.002 pp | USD9.87 +0.0% | 1 qtrs NEW |
| 33 | CLEAR STREET GROUP INC. | 85.3K +85.3K (+100.0%) | 841.4K +841.4K (+100.0%) | 0.66% +0.656 pp | 0.00% +0.003 pp | USD9.87 +0.0% | 1 qtrs NEW |
| 34 | BOOTHBAY FUND MANAGEMENT, LLC | 75.0K +75.0K (+100.0%) | 740.3K +740.3K (+100.0%) | 0.58% +0.577 pp | 0.01% +0.010 pp | USD9.87 +0.0% | 1 qtrs NEW |
| 35 | TORONTO DOMINION BANK | 67.3K +67.3K (+100.0%) | 664.3K +664.3K (+100.0%) | 0.52% +0.518 pp | 0.00% +0.001 pp | USD9.87 +0.0% | 1 qtrs NEW |
| 36 | DAKOTA WEALTH MANAGEMENT | 47.8K +47.8K (+100.0%) | 472.2K +472.2K (+100.0%) | 0.37% +0.368 pp | 0.01% +0.010 pp | USD9.87 +0.0% | 1 qtrs NEW |
| 37 | ABC ARBITRAGE SA | 40.0K +40.0K (+100.0%) | 394.8K +394.8K (+100.0%) | 0.31% +0.308 pp | 0.05% +0.052 pp | USD9.87 +0.0% | 1 qtrs NEW |
| 38 | VIRTU FINANCIAL LLC | 15.4K +15.4K (+100.0%) | 153.0K +153.0K (+100.0%) | 0.12% +0.119 pp | 0.01% +0.006 pp | USD9.87 +0.0% | 1 qtrs NEW |
| 39 | MORGAN STANLEY | 50.00 +50.0 (+100.0%) | 494.00 +494.0 (+100.0%) | 0.00% +0.000 pp | 0.00% +0.000 pp | USD9.86 +0.1% | 1 qtrs NEW |
Ownership breakdown by holder
ETF Ownership
Top ETFs holding this stock
This company is not held by any ETF in our universe.
Insider Activity
Insider Activity — Latest Quarter
Ratio by transactions
1.00
Neutral
Ratio by volume
1.00
Neutral
Buys
1
Sells
1
Shares acquired
8.63M
Shares disposed
8.63M
Cash buys
—
Cash sales
—
Net activity
+0
Insider buys vs sells (history)
From
To
Recent insider transactions
From
To
| Date | Person | Role | Transaction | A/D | Security | Shares | Price | Value | Owned after | D/I | Filing |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023-02-06 | Elkin Dimitri | Director / Officer / 10% Owner | C-Conversion | D | Class B Common Stock | 8,625,000 | 0.00 | — | 0 | — | ↗ |
| 2021-11-18 | Foresman Robert | Director | — | — | — | 0 | 0.00 | — | 0 | — | ↗ |
| 2021-03-02 | Elkin Dimitri | Director / Officer / 10% Owner | P-Purchase | A | Class A Common Stock | 600,000 | 10.00 | 6.00M | 600,000 | — | ↗ |
| 2021-02-25 | Twelve Seas Sponsor II LLC | 10% Owner | — | D | Class B Common Stock | 8,625,000 | 0.00 | — | 0 | — | ↗ |
| 2021-02-25 | Steains Anthony | Director | — | — | — | 0 | 0.00 | — | 0 | — | ↗ |
| 2021-02-25 | Richardson Neil | Director | — | — | — | 0 | 0.00 | — | 0 | — | ↗ |
| 2021-02-25 | Morris Jonathan D | Director / Officer / 10% Owner | — | I | Class B Common Stock | 8,625,000 | 0.00 | — | 0 | — | ↗ |
| 2021-02-25 | Elkin Dimitri | Director / Officer / 10% Owner | — | I | Class B Common Stock | 8,625,000 | 0.00 | — | 0 | — | ↗ |
Executive team
Top executives
Shares Outstanding
10.58M
Executive compensation
Executive compensation (annual)
Executive compensation not available.
CEO compensation breakdown
No CEO compensation history available.
Proxy statements
Proxy statements (DEF 14A)
Recent SEC filings
Executive team
| Name | Title | Compensation | Gender |
|---|---|---|---|
| Dimitri Elkin | Chief Executive Officer & Director | — | male |
| Jonathan D. Morris | Chief Financial Officer | — | male |
ESG Rating
ESG Score History SHELL COMPANIES
Benchmark vs Sector
Senate Trading Activity
No Senate trading activity found for this company.
House Trading Activity
No House trading activity found for this company.
Market share among peers
Peer comparison — filtered group (TTM)
Your opinion
Share your view on this stock and instantly see how the community has voted over the last 6 months.
Community Opinion for TWLV
Short-term intention
Target Price Distribution
These are community opinions and do not constitute buy or sell advice to act on. The results shown are based on aggregated opinions and are not an investment recommendation, nor do they intend to influence any investment decision.
