Twelve Seas Investment Company (“Twelve Seas”) (NASDAQ: BROG), announced late yesterday evening that shareholders have approved their business combination with Brooge Holdings Limited. Shareholder vote results have not been filed yet, but per the press release, approximately 95.0% of the shares voted were voted in favor of the business combination.
The BROG business combination is expected to close today, December 20, 2019, and the shares and warrants will continue be listed on the Nasdaq under the new ticker symbols “BROG” and “BROGW,” respectively.
An update will be provided with additional vote details as they are released.
ADVISORS
- EarlyBirdCapital, Inc. is acting as exclusive financial and capital markets advisor to Twelve Seas Investment Company.
- Ellenoff Grossman & Schole LLP is acting as Twelve Seas Investment Company’s legal advisors.
- K&L Gates is acting as legal advisors to BPGIC.
- Maples & Calder is acting as Cayman Islands legal counsel for the transaction.


McKinley Acquisition Corporation (NASDAQ:MKLYU) has filed for a $150 million SPAC to hunt for an innovative target company with an experienced financial team that has dabbled in SPACs before. The new SPAC is offering investors one right to a 1/10 share in each unit with no overfunding of the trust, but it could provide a...
At the SPAC of Dawn The rain of SPACs has continued with four expected to make their debuts during today’s trading sessions after pricing their IPOs overnight. The largest of these, EQV Ventures II (NASDAQ:EVACU), even managed an upsize, making it the largest SPAC IPO since Ares II (NYSE:AACT) pulled together $450 million in 2023....
EQV Ventures II (NASDAQ:EVACU) announced the pricing of its upsized $420 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “EVACU”, Wednesday, July 2, 2025. The new SPAC plans to merge with an energy target involved in upstream exploration or production. EQV II’s management team is led by...
Vendome Acquisition Corporation I (NASDAQ:VNMEU) announced the pricing of its $200 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “VNMEU”, Wednesday, July 2, 2025. The new SPAC plans to focus its search on target business in the consumer sector operating in North America, Southeast Asia, and Europe....
Origin Investment Corp. I (NASDAQ:ORIQU) announced the pricing of its $60 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “ORIQU”, Wednesday, July 2, 2025. The new SPAC aims to mount a broad search for a target with a strong management and both revenue and earnings growth potential....