Twelve Seas Investment Co III/Cayman 8-K

What Happened
Twelve Seas Investment Company III filed an 8-K on January 7, 2026, announcing that beginning January 9, 2026 holders of the Units from its IPO may elect to separate each Unit into its component Class A ordinary share and right. Each Unit consists of one Class A ordinary share (par value $0.0001) and one right to receive one-tenth (1/10) of a Class A ordinary share upon the completion of an initial business combination.

Key Details

• Effective trading date for separate components: January 9, 2026.
• Tickers: Units will continue to trade as “TWLVU” if not separated; Class A ordinary shares expected to trade as “TWLV”; Rights expected to trade as “TWLVR.”
• Each Right represents the right to receive 1/10 of a Class A ordinary share upon consummation of a business combination.
• To separate Units, holders must have their brokers contact Continental Stock Transfer & Trust Company, the Company’s transfer agent.

Why It Matters
Separating Units into shares and rights gives investors flexibility: they can trade the Class A shares and the rights independently, which can improve liquidity and allow more precise portfolio actions (e.g., selling rights while keeping shares). Units that remain intact will continue trading under the existing Unit ticker, so investors do not need to take action unless they want separate positions. This change does not, by itself, alter the basic economic rights described in the filing (the Right’s conversion ratio of 1/10 upon a qualifying business combination).