MMCAP International Inc. SPC Makes New Investment in Twelve Seas Investment Company II $TWLVU

by · The Cerbat Gem

MMCAP International Inc. SPC bought a new position in shares of Twelve Seas Investment Company II (NASDAQ:TWLVU – Free Report) during the 4th quarter, HoldingsChannel reports. The firm bought 400,000 shares of the company’s stock, valued at approximately $3,980,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Wealthspring Capital LLC bought a new position in Twelve Seas Investment Company II during the 4th quarter worth about $2,255,000. Wolverine Asset Management LLC bought a new position in Twelve Seas Investment Company II during the 4th quarter worth about $1,481,000. Finally, ABC Arbitrage SA bought a new position in Twelve Seas Investment Company II during the 4th quarter worth about $398,000.

Twelve Seas Investment Company II Stock Performance

Shares of Twelve Seas Investment Company II stock opened at $10.10 on Wednesday. Twelve Seas Investment Company II has a 1 year low of $9.95 and a 1 year high of $10.41. The firm’s 50-day moving average is $10.10 and its two-hundred day moving average is $10.24.

Twelve Seas Investment Company II Profile

(Free Report)

Twelve Seas Investment Company II does not have significant operations. The company intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. Twelve Seas Investment Company II was incorporated in 2020 and is based in New York, New York.

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