secwatch.observer — SEC 8-K summary
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Issuer:     Twelve Seas Investment Co. II (—)
CIK:        0001819498
Form:       8-K
Filed at:   2024-02-29T23:59:59+00:00
Accession:  0001213900-24-018482
Event type: regulatory
Sentiment:  negative
Materiality: 0.80
Item codes: 3.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1819498/000121390024018482/0001213900-24-018482-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1819498/000121390024018482/ea0200921-8k_twelve2.htm
  HTML page:      https://secwatch.observer/filing/0001213900-24-018482

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