Context Capital Management LLC Purchases New Shares in Twelve Seas Investment Company II $TWLVU

Context Capital Management LLC acquired a new position in shares of Twelve Seas Investment Company II (NASDAQ:TWLVU) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm acquired 200,000 shares of the company’s stock, valued at approximately $1,990,000.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Commonwealth of Pennsylvania Public School Empls Retrmt SYS acquired a new position in shares of Twelve Seas Investment Company II in the fourth quarter valued at about $5,970,000. MMCAP International Inc. SPC acquired a new stake in Twelve Seas Investment Company II in the 4th quarter worth about $3,980,000. Wealthspring Capital LLC acquired a new stake in Twelve Seas Investment Company II in the 4th quarter worth about $2,255,000. Wolverine Asset Management LLC bought a new stake in Twelve Seas Investment Company II in the 4th quarter valued at about $1,481,000. Finally, Highbridge Capital Management LLC bought a new stake in Twelve Seas Investment Company II in the 4th quarter valued at about $4,638,000.

Twelve Seas Investment Company II Price Performance

Shares of TWLVU opened at $10.10 on Friday. Twelve Seas Investment Company II has a 12 month low of $9.95 and a 12 month high of $10.41. The firm’s 50 day moving average is $10.10 and its 200-day moving average is $10.18.

Twelve Seas Investment Company II Company Profile

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.