Twelve Seas Investment Company
Special Purpose Acquisition Company
Twelve Seas Investment Company (BROG) is a NASDAQ listed “special purpose acquisition company” that IPO'd in June 2018. The Company was formed with the purpose of effecting a merger with a private operating company. We are led by an experienced management team with decades of private equity and M&A experience across Europe, North America, and Asia. We have raised a total of $207 million through the IPO and can raise additional capital as required to effect the merger.
On April 15, 2019, we entered into a Business Combination Agreement with Brooge Petroleum and Gas Investment Company, an UAE company that is one of the largest independent oil storage provider in Fujairah.