Lineage Point Capital LP Buys New Stake in Twelve Seas Investment Company II $TWLVU

Lineage Point Capital LP acquired a new stake in shares of Twelve Seas Investment Company II (NASDAQ:TWLVU) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 150,000 shares of the company’s stock, valued at approximately $1,492,000.

A number of other hedge funds have also recently bought and sold shares of the company. Virtu Financial LLC purchased a new stake in shares of Twelve Seas Investment Company II during the 4th quarter valued at $915,000. Alberta Investment Management Corp purchased a new position in shares of Twelve Seas Investment Company II in the fourth quarter valued at $5,970,000. TENOR CAPITAL MANAGEMENT Co. L.P. purchased a new position in Twelve Seas Investment Company II in the 4th quarter valued at about $7,960,000. Toronto Dominion Bank purchased a new position in Twelve Seas Investment Company II in the fourth quarter valued at about $498,000. Finally, Saba Capital Management L.P. acquired a new stake in shares of Twelve Seas Investment Company II during the fourth quarter worth approximately $995,000.

Twelve Seas Investment Company II Stock Performance

Shares of Twelve Seas Investment Company II stock opened at $10.10 on Friday. Twelve Seas Investment Company II has a 1 year low of $9.95 and a 1 year high of $10.41. The firm’s 50-day simple moving average is $10.10 and its 200-day simple moving average is $10.15.

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.