Twelve Seas Investment Company II announced a private placement of a promissory note at issue price of $900,000 for gross proceeds of $900,000 on March 3, 2023. The transaction will include participation from returning investor Twelve Seas Sponsor II LLC. The Note bears no interest and is repayable in full upon the earlier of the date of the consummation of the Business Combination or the date of the liquidation of the Company.