---
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"
generated_at: "2026-06-05T07:14:17.436450+00:00"
event_type: "regulatory"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Twelve Seas Investment Co II receives Nasdaq delisting notice for violating 36-month SPAC deadline

## Summary
- 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.

## SEC filing metadata
- accession: 0001213900-24-018482
- form_type: 8-K
- cik: 0001819498
- company_name: Twelve Seas Investment Co. II
- filed_at: 2024-02-29T23:59:59+00:00
- event_type: regulatory
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 3.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-24-018482
- JSON: https://secwatch.observer/filing/0001213900-24-018482.json
- Plain text: https://secwatch.observer/filing/0001213900-24-018482.txt

## Key facts
- Listing & Compliance Notices
  Twelve Seas Investment Co. II received a nasdaq deficiency notice notice regarding other (rules IM-5101-2).
  - Exchange: nasdaq
  - Notice: deficiency notice
  - Rules: IM-5101-2
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1819498/000121390024018482/0001213900-24-018482-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.