| Filer | Ownership | Change % | Holdings Value | Net Change | Nb Shares | Change % | Reporting Name | Report Period |
|---|---|---|---|---|---|---|---|---|
| Linden Capital L.P. | 5.1% | 900,000 | Linden Advisors LP | 15 Dec 2025 | ||||
| TENOR CAPITAL MANAGEMENT Co., L.P. | 5.2% | 800,000 | Tenor Capital Management Company, L.P. | 12 Dec 2025 |
As of 31 Dec 2025, 49 institutional investors reported holding 16,469,345 shares of Twelve Seas Investment Co III/Cayman - Class A ordinary shares, par value $0.0001 per share (TWLVU). This represents 107% of the company’s total 15,384,615 outstanding shares.
The largest institutional shareholders of Twelve Seas Investment Co III/Cayman - Class A ordinary shares, par value $0.0001 per share (TWLVU) together control 87% of the company’s outstanding shares — a level of ownership often associated with strong institutional conviction and long‑term capital commitment.
| Institution | Ownership % | Shares Held | Share Change % | Portfolio % | Holdings Value |
|---|---|---|---|---|---|
| ADAGE CAPITAL PARTNERS GP, L.L.C. | 8.8% | 1,350,000 | 0.02% | $13,432,500 | |
| Linden Advisors LP | 5.9% | 900,000 | 0.06% | $8,955,000 | |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND | 5.2% | 800,000 | 0.01% | $7,960,000 | |
| TENOR CAPITAL MANAGEMENT Co., L.P. | 5.2% | 800,000 | 0.11% | $7,960,000 | |
| AQR Arbitrage LLC | 5.1% | 782,168 | 0.16% | $7,782,572 | |
| ARISTEIA CAPITAL, L.L.C. | 3.9% | 600,000 | 0.17% | $5,970,000 | |
| Alberta Investment Management Corp | 3.9% | 600,000 | 0.04% | $5,970,000 | |
| COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS | 3.9% | 600,000 | 0.03% | $5,970,000 | |
| Polar Asset Management Partners Inc. | 3.9% | 600,000 | 0.12% | $5,970,000 | |
| RIVERNORTH CAPITAL MANAGEMENT, LLC | 3.3% | 500,000 | 0.24% | $4,975,000 | |
| Radcliffe Capital Management, L.P. | 3.3% | 500,000 | 0.27% | $4,975,000 | |
| HIGHBRIDGE CAPITAL MANAGEMENT LLC | 3% | 466,100 | 0.21% | $4,637,695 | |
| LMR Partners LLP | 2.9% | 450,000 | 0.04% | $4,477,500 | |
| BNP PARIBAS FINANCIAL MARKETS | 2.7% | 417,832 | 0% | 0% | $4,157,428 |
| MILLENNIUM MANAGEMENT LLC | 2.6% | 400,000 | 0% | $3,980,000 | |
| PICTON MAHONEY ASSET MANAGEMENT | 2.6% | 400,000 | 0.04% | $3,980,000 | |
| Magnetar Financial LLC | 2.6% | 400,000 | 0.04% | $3,980,000 | |
| MMCAP International Inc. SPC | 2.6% | 400,000 | 0.4% | $3,980,000 | |
| Shaolin Capital Management LLC | 2.6% | 393,258 | 0.15% | $3,912,917 | |
| Glazer Capital, LLC | 2.3% | 350,200 | 0.09% | $3,484,000 | |
| Hudson Bay Capital Management LP | 2.3% | 350,000 | 0.02% | $3,482,500 | |
| HEIGHTS CAPITAL MANAGEMENT, INC | 2.3% | 350,000 | 1.3% | $3,482,500 | |
| Parallax Volatility Advisers, L.P. | 2.2% | 344,433 | 0.11% | $3,427,108 | |
| Periscope Capital Inc. | 2% | 300,000 | 0.58% | $2,985,000 | |
| OMERS ADMINISTRATION Corp | 2% | 300,000 | 0.02% | $2,985,000 |
| Period | Reported Shares, Excl. Options | Value, Excl. Options | Value Change | Price (Median) | Investors |
|---|---|---|---|---|---|
| 2025 Q4 | 16,469,345 | $163,868,710 | +$158,218,782 | $9.95 | 49 |