Highbridge Capital Management LLC Makes New Investment in Twelve Seas Investment Company II $TWLVU

Highbridge Capital Management LLC bought a new position in Twelve Seas Investment Company II (NASDAQ:TWLVU) during the 4th quarter, HoldingsChannel.com reports. The fund bought 466,100 shares of the company’s stock, valued at approximately $4,638,000.

Several other hedge funds also recently bought and sold shares of TWLVU. Commonwealth of Pennsylvania Public School Empls Retrmt SYS acquired a new position in Twelve Seas Investment Company II in the 4th quarter worth about $5,970,000. BNP Paribas Financial Markets acquired a new position in Twelve Seas Investment Company II in the 4th quarter worth about $4,157,000. MMCAP International Inc. SPC acquired a new position in Twelve Seas Investment Company II in the 4th quarter worth about $3,980,000. Periscope Capital Inc. acquired a new position in Twelve Seas Investment Company II in the 4th quarter worth about $2,985,000. Finally, Wealthspring Capital LLC acquired a new position in Twelve Seas Investment Company II in the 4th quarter worth about $2,255,000.

Twelve Seas Investment Company II Price Performance

Shares of TWLVU stock opened at $10.10 on Friday. Twelve Seas Investment Company II has a fifty-two week low of $9.95 and a fifty-two week high of $10.41. The stock’s 50-day moving average is $10.10 and its two-hundred day moving average is $10.20.

About Twelve Seas Investment Company II

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.