Attached files
| file | filename |
|---|---|
| EX-99.2 - PRESS RELEASE, DATED JUNE 28, 2018 - BPGIC INTERNATIONAL | f8k062818ex99-2_twelveseas.htm |
| 8-K - CURRENT REPORT - BPGIC INTERNATIONAL | f8k062818_twelveseasinvest.htm |
Exhibit 99.1
TWELVE SEAS INVESTMENT COMPANY
PRO FORMA BALANCE SHEET
| June 22, 2018 | Pro Forma Adjustments | As Adjusted | ||||||||||
| (Unaudited) | (Unaudited) | |||||||||||
| Assets | ||||||||||||
| Cash | $ | 464,080 | $ | - | $ | 464,080 | ||||||
| Prepaid assets | 35,000 | - | 5,000 | |||||||||
| Total Current Assets | 499,080 | - | 499,080 | |||||||||
| Cash held in Trust Account | 180,000,000 | 27,000,000 | 207,000,000 | |||||||||
| Total assets | $ | 180,499,080 | $ | 27,000,000 | $ | 207,499,080 | ||||||
| Liabilities and Shareholders’ Equity | ||||||||||||
| Due to related party | $ | 1,222 | $ | - | $ | 1,222 | ||||||
| Total liabilities | 1,222 | - | 1,222 | |||||||||
| Commitments | ||||||||||||
| Ordinary shares subject to possible redemption, 17,549,785 shares and 20,249,785 shares as adjusted at redemption value | 175,497,850 | 27,000,000 | 202,497,850 | |||||||||
| Shareholders’ Equity: | ||||||||||||
| Preferred shares, $0.0001 par value; 2,000,000 shares authorized; no shares issued and outstanding | - | - | - | |||||||||
| Ordinary shares, $0.0001 par value; 200,000,000 shares authorized; 6,475,215 shares issued and outstanding, 6,529,215 shares as adjusted (excluding 17,549,785 shares, and 20,249,785 shares as adjusted, subject to possible redemption) | 648 | 5 | 653 | |||||||||
| Additional paid-in capital | 5,029,237 | (5 | ) | 5,029,232 | ||||||||
| Accumulated deficit | (29,877 | ) | - | (29,877 | ) | |||||||
| Total shareholders’ equity | 5,000,008 | - | 5,000,008 | |||||||||
| Total Liabilities and Shareholders’ Equity | $ | 180,499,080 | $ | 27,000,000 | $ | 207,499,080 | ||||||