Agreement signedPublished 2 Jan 2024

Twelve Seas II /
Crystal Lagoons

Twelve Seas II to combine with Crystal Lagoons

Buy side: Twelve Seas II
Buy sideTwelve Seas II
Target: Crystal Lagoons
TargetCrystal Lagoons
Source · 2 Jan 2024Source-verified
Buy side: Twelve Seas II
Buy sideTwelve Seas II
Target: Crystal Lagoons
TargetCrystal Lagoons
01 / BuyerTwelve Seas II
02 / TargetCrystal Lagoons
Source-verified
01

What happened

Twelve Seas II entered into a merger agreement involving Crystal Lagoons on Dec. 22, 2023. The transaction would make Crystal Lagoons a wholly owned subsidiary of Twelve Seas II.

The consideration includes 35,000,000 shares of New Purchaser Common Stock valued at $10.00, with additional shares contingent on stock-price performance.

02

The source

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01
Source · Original source

Twelve Seas II to combine with Crystal Lagoons

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03

Timeline

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  1. Also stated

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  2. Published by the source

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