{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-24-018482","form_type":"8-K","ticker":null,"cik":"0001819498","company_name":"Twelve Seas Investment Co. II","filed_at":"2024-02-29T23:59:59+00:00","discovered_at":"2026-05-14T18:03:25.680137+00:00","generated_at":"2026-06-05T07:14:17.436450+00:00","sec_items":["3.01"],"event_type":"regulatory","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Twelve Seas Investment Co II receives Nasdaq delisting notice for violating 36-month SPAC deadline","bullets":["Nasdaq notified Twelve Seas on Feb 27, 2024 of non-compliance with IM-5101-2 (SPAC must complete business combination within 36 months of IPO).","Without a hearing request, securities would be suspended and delisted from Nasdaq Capital Market starting March 7, 2024.","Company intends to timely request a hearing before Nasdaq Hearings Panel to appeal the notice.","Hearing request will stay suspension; trading continues until Panel issues written decision. No guarantee of relief."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-24-018482","json":"https://secwatch.observer/filing/0001213900-24-018482.json","markdown":"https://secwatch.observer/filing/0001213900-24-018482.md","text":"https://secwatch.observer/filing/0001213900-24-018482.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1819498/000121390024018482/0001213900-24-018482-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1819498/000121390024018482/ea0200921-8k_twelve2.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-05T07:14:17.436450+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"38feb0f5dc2b9e590b1531bdbe99b0e13786d01f","claim":"Twelve Seas Investment Co. II received a nasdaq deficiency notice notice regarding other (rules IM-5101-2).","evidence_excerpt":"February 27, 2024, Twelve Seas Investment Company II, a Delaware corporation (the “ Company ”), received a notice (the “ Notice ”) from the staff (the “ Staff ”) of the Listing Qualifications Department of The Nasdaq Stock Market LLC (“ Nasdaq ”) indicating that the Company has failed to comply with Nasdaq IM-5101-2, which requires that a special purpose acquisition company must complete one or more business combinations within 36 months of the effectiveness of its IPO registration statement. Pursuant to the Notice, unless the Company timely requests a hearing before the Nasdaq Hearings Panel","evidence_source":"SEC 8-K Item 3.01","evidence_url":"https://www.sec.gov/Archives/edgar/data/1819498/000121390024018482/0001213900-24-018482-index.htm","confidence":0.9,"family_label":"Listing & Compliance Notices","details":[{"label":"Exchange","value":"nasdaq"},{"label":"Notice","value":"deficiency notice"},{"label":"Rules","value":"IM-5101-2"}],"fact_type":"exchange_compliance_notice"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}