Twelve Seas Investment Co III

The company is a blank check company, incorporated on August 14, 2024, as a Cayman Islands exempted company. Its purpose is to complete a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. While it may target any business, industry, or geographic location, the company intends to focus its search on global companies outside the United States. The emphasis is on established profitable enterprises in oil and gas and other sectors. The company will also consider potential targets located in the United States that are owned by non-U.S. shareholders, such as sovereign wealth funds, family offices, international entrepreneurs, or global industrial conglomerates. To date, the company's activities have been limited to organizational activities, those related to its Initial Public Offering, and searching for and completing a Business Combination. As of the date of this Report, no specific Business Combination target has been selected. The company has not generated any operating revenues to date and does not expect to do so until its initial Business Combination is completed. The Initial Public Offering Registration Statement became effective on December 11, 2025. On December 15, 2025, the company completed its Initial Public Offering of 17,250,000 Public Units, which included 2,250,000 Option Units from the full exercise of the Over-Allotment Option. Each Public Unit consists of one Public Share and one Public Right to receive one-tenth (1/10) of one Class A Ordinary Share upon completion of the initial Business Combination. The Public Units were sold at $10.00 per Public Unit, generating gross proceeds of $172,500,000.