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Stock impact report

HCM II Acquisition Corp. Announces Closing of $230,000,000 Initial Public Offering [Yahoo! Finance]

HCM II Acquisition Corp. - Unit (HONDU) 
Company Research Source: Yahoo! Finance
previously announced initial public offering of 23,000,000 units, including 3,000,000 units issued pursuant to the full exercise of the underwriter of its over-allotment option. The units were sold at a price of $10.00 per unit. The Company's units began trading on August 16, 2024, on the Nasdaq Global Market under the symbol “HONDU”. Each unit consists of one Class A ordinary share and one-half of one redeemable warrant. Each whole warrant is exercisable to purchase one Class A ordinary share of the Company at a price of $11.50 per share. Only whole warrants are exercisable and will trade. Once the securities comprising the units begin separate trading, the Class A ordinary shares and warrants are expected to be listed on the Nasdaq Global Market under the ticker symbols “HOND” and “HONDW,” respectively. Cantor Fitzgerald & Co. acted as sole bookrunner for the offering. A registration statement relating to the securities was filed with, and declared effective by, the Securities a Show less Read more
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