TWLVU · Twelve Seas Investment Co III
$10.16
At close · Oct 15
Return incl. dividend (before tax)
Going-concern doubt
— flagged Aug 17, 2026
Substantial doubt about the company's ability to continue as a going concern.
“In connection with our assessment of going concern considerations in accordance with FASB ASC Topic 205-40, "Presentation of Financial Statements — Going Concern," we have since reevaluated our liquidity and financial condition, and determined that we still lack the liquidity to sustain operations for a reasonable period of time, which is considered to be one year from the date of the issuance of the financial statements. These conditions raise substantial doubt about our ability to continue as a going concern. Management plans to address this uncertainty with the Business Combination and with additional financing. There is no assurance that additional financing or our plans to complete the Business Combination will be successful. The financial statements do not include any adjustments that might result from the outcome of this uncertainty.”View the 10-Q filed Aug 17, 2026
Market Cap
$236.25M
Shares
23.44M
Volume · Oct 15
100
Avg daily vol (2 sessions)
256
Price & Indicators
20d MA
50d MA
200d MA
Earnings
Filing
Insider
Congress
Investor day
Close$10.16
Open$10.16
Day$10.16–10.16
Available close range$9.95–10.30
Avg vol 30d24K
DataDec 2025–Oct 2026
Filing10-Q · Aug 17
The closing range uses available history since Dec 12, 2025; less than a full year is stored.
Up next
filed Aug 17, 2026
Technicals
trend & momentum for long-term holders illustrative — not investment adviceMarket signals — smart money & positioning
No clear signal
Trend (MA cross)
No cross
50/200-day averages unavailable
Institutional flow
Flat
2 of 58 funds reported for Sep 30 · net 0 sh shares
Insider flow
Flat
No net insider activity over 90 days
Short interest
Flat
No short-interest data
Volume signal
Normal
Volume near normal
Institution breadth
Steady
58 holders — 13F breadth
Price context
position in its available closing range
Range low $10
Now $10 · 60%
Range high $10
vs 50-day avg +1%
Illustrative technical + ownership context — a signal mix, not investment advice.
Key metrics
KPI extraction has been attempted, but no publishable series is available from the examined filings. This is not evidence that the company reports no KPIs.
Versus peers
Shell Companies — same industry group| Company | Mkt cap | YTD | Rev growth Y/Y | P/E | Short % shares |
|---|---|---|---|---|---|
|
TWLVU
this stock
Twelve Seas Investment Co III
|
$236.25M | +2.1% | — | — | — |
|
VYLR
Vylor Inc.
|
$48.09B | — | — | — | 2.2% |
|
CLUS
Cluster Group Holdings Ltd Co
|
$8.00B | — | — | — | — |
|
DMII
Drugs Made In America Acquisition II Corp.
|
$649.42M | +3.0% | — | — | 0.2% |
|
EVAC
EQV Ventures Acquisition Corp. II
|
$604.94M | +3.2% | — | — | 0.0% |
Peers by industry group · P/E from as-reported trailing EPS · short % is of shares outstanding
At a glance
key data from every sectionOwnership
Institutional Holders
Holders
58
- % held
- 132.0%
- Reported
- 2 of 58
- Top holder
- ADAGE CAPITAL PARTNERS GP…
Held
Float
Short & Settlement
Financials
Filings
Performance
| 5D | 20D | 120D | MTD | YTD | |
|---|---|---|---|---|---|
| TWLVU | -0.9% | -1.4% | — | +0.0% | +2.1% |
| SPY | -0.3% | +1.2% | +8.1% | +1.2% | +13.2% |
| vs SPY | -0.6% | -2.6% | — | -1.2% | -11.1% |