Twelve Seas Investment Company III 3Q 2026: Net income $1.46M — 10-Q Summary
Twelve Seas Investment Company III reported a net income of $1.46M for 3Q 2026, turning profitable year-over-year due to dividends from Trust Account securities. The company is searching for global targets, focusing on profitable enterprises in oil and gas. Trust Account securities totaled $177.4M as of September 30, 2026, with no specific target selected yet. Cash outside the Trust Account was $275,126, and working capital was $241,309.
