Brooge Energy 8-K Other Events

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