Twelve Capital Event Update

Hurricane situation

Hurricane Nicole became the eighth hurricane of the 2022 Atlantic hurricane season, making landfall on 10 November as a Category 1 storm near Vero Beach, Florida. The hurricane quickly weakened into a tropical storm, and this is not expected to cause a loss to any of Twelve Capital’s positions.

There are no storms predicted to form within the coming five days.

Twelve Capital continues to closely monitor any catastrophe events and will issue specific updates on any relevant new major events that occur.