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HCM II Acquisition Corp. (NASDAQ: HONDU) announced that starting October 10, 2024, holders of the units sold in the Company's initial public offering can elect to separately trade the Class A ordinary shares and warrants included in those units. The separated Class A ordinary shares and warrants will trade on Nasdaq under the symbols HOND and HONDW, respectively. Units that are not separated will continue to trade under the symbol HONDU. No fractional warrants will be issued, only whole warrants will trade. This announcement does not constitute an offer to sell or buy securities, nor will there be any sale of these securities in jurisdictions where such offers or sales are unlawful without proper registration or qualification.
HCM II Acquisition Corp. (Nasdaq: HONDU) has successfully closed its initial public offering (IPO), raising $230 million by selling 23 million units at $10 per unit. The offering included a full exercise of the 3 million unit over-allotment option. Trading began on August 16, 2024, on the Nasdaq Global Market under the symbol "HONDU". Each unit comprises one Class A ordinary share and half a redeemable warrant. Whole warrants, exercisable at $11.50 per share, will trade separately. The Class A shares and warrants are expected to list under "HOND" and "HONDW" respectively. Cantor Fitzgerald & Co. served as the sole bookrunner for this offering, which was made effective by the SEC on August 15, 2024.
HCM II Acquisition Corp has announced the pricing of its initial public offering (IPO) of 20,000,000 units at $10 per unit, aiming to raise $200 million. The units, consisting of one Class A ordinary share and half a redeemable warrant, are set to begin trading on Nasdaq under the symbol 'HONDU' on August 16, 2024. Once separated, the shares and warrants will trade as 'HOND' and 'HONDW' respectively. The company, a blank check entity, intends to pursue a business combination with an established, scalable business. Led by Shawn Matthews as CEO and Steven Bischoff as CFO, the offering is expected to close on August 19, 2024, with Cantor Fitzgerald & Co. as the sole book-running manager.
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