• In June 2018, Twelve Seas Investment Company I completed a $207M IPO on NASDAQ.
• In December 2019, Twelve Seas I completed its initial business combination with Brooge Holdings in a transaction valued at approximately $1.0 billion.
• The combined company trades on NASDAQ under the symbol “BROG” and its warrants trade as BROGW.
• Brooge is a provider of state-of-art oil storage and ancillary services in Fujairah, United Arab Emirates; the second largest bunkering hub in the world, which is growing strongly due to its strategic positioning. It operates 1 million m3 of storage in Phase I (400k, operational) and Phase II (600k; operational by 3Q 2021), and has a portfolio of long term contracts with blue chip clients.
• BROG has secured the land for Phase III expansion secured for the additional 3.5 million m3 of storage capacity.
• In December 2019, Twelve Seas I completed its initial business combination with Brooge Holdings in a transaction valued at approximately $1.0 billion.
• The combined company trades on NASDAQ under the symbol “BROG” and its warrants trade as BROGW.
• Brooge is a provider of state-of-art oil storage and ancillary services in Fujairah, United Arab Emirates; the second largest bunkering hub in the world, which is growing strongly due to its strategic positioning. It operates 1 million m3 of storage in Phase I (400k, operational) and Phase II (600k; operational by 3Q 2021), and has a portfolio of long term contracts with blue chip clients.
• BROG has secured the land for Phase III expansion secured for the additional 3.5 million m3 of storage capacity.
• In June 2018, Twelve Seas Investment Company I completed a $207M IPO on NASDAQ.
• In December 2019, Twelve Seas I completed its initial business combination with Brooge Holdings in a transaction valued at approximately $1.0 billion.
• The combined company trades on NASDAQ under the symbol “BROG” and its warrants trade as BROGW.
• Brooge is a provider of state-of-art oil storage and ancillary services in Fujairah, United Arab Emirates; the second largest bunkering hub in the world, which is growing strongly due to its strategic positioning. It operates 1 million m3 of storage in Phase I (400k, operational) and Phase II (600k; operational by 3Q 2021), and has a portfolio of long term contracts with blue chip clients.
• BROG has secured the land for Phase III expansion secured for the additional 3.5 million m3 of storage capacity.
• In December 2019, Twelve Seas I completed its initial business combination with Brooge Holdings in a transaction valued at approximately $1.0 billion.
• The combined company trades on NASDAQ under the symbol “BROG” and its warrants trade as BROGW.
• Brooge is a provider of state-of-art oil storage and ancillary services in Fujairah, United Arab Emirates; the second largest bunkering hub in the world, which is growing strongly due to its strategic positioning. It operates 1 million m3 of storage in Phase I (400k, operational) and Phase II (600k; operational by 3Q 2021), and has a portfolio of long term contracts with blue chip clients.
• BROG has secured the land for Phase III expansion secured for the additional 3.5 million m3 of storage capacity.
Investor presentation describing the merger of Brooge Holdings and Twelve Seas Investment Company, filed with SEC in November 2019
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