Twelve Seas Investment Co III/Cayman (TWLV) - Dilution Analysis
Visualizing historical and potential share dilution over time
Dilution Analysis
Risk Assessment Details
Summary
TWLV currently has 17.3M outstanding shares. with significant dilution risk as 15M authorized shares could dilute existing holders by 87.0%. The company has significantly diluted shareholders by 183.06% over the past 2 years, indicating aggressive capital raising.
Share Structure Timeline
Historical Data Points
| Date | Event | Outstanding | Supply |
|---|---|---|---|
| May 15, 2026 |
10-Q filing | 17.3M shares outstanding |
17M | 15M |
| Nov 21, 2025 |
S-1/A filing: Twelve Seas Investment Company III is offering 15,000,000 units at $10.00 per unit, each unit consisting of one Class A ordinary share and one right to receive one tenth (1/10) of a Class A ordinary share upon the consummation of an initial business combination, with an underwriter option to purchase up to an additional 2,250,000 units. |
15M | 15M |
| Sep 12, 2025 |
S-1/A filing: Twelve Seas Investment Company III is offering 15,000,000 units at $10.00 per unit, each unit consisting of one Class A ordinary share and one right to receive one tenth (1/10) of a Class A ordinary share upon the consummation of an initial business combination. |
15M | 15M |
| May 27, 2025 |
S-1/A filing: Twelve Seas Investment Company III is offering 15,000,000 units at $10.00 per unit, each unit consisting of one Class A ordinary share and one right to receive one tenth (1/10) of a Class A ordinary share upon the consummation of an initial business combination. |
5.7M | 15M |
| Apr 07, 2025 |
S-1 filing: Twelve Seas Investment Company III is offering 15,000,000 units at $10.00 per unit in an initial public offering, with each unit consisting of one Class A ordinary share and one right to receive one tenth of a Class A ordinary share upon the consummation of an initial business combination. |
5.7M | 16M |