HCM II Acquisition Corp Announces Pricing of $200 Million Initial Public Offering

STAMFORD, Conn., Aug. 15, 2024 (GLOBE NEWSWIRE) — HCM II Acquisition Corp (the “Company”) today announced the pricing of its initial public offering of 20,000,000 units. The units are expected to be listed on The Nasdaq Stock Market LLC (“Nasdaq”) and begin trading tomorrow, August 16, 2024, under the ticker symbol “HONDU.” Each unit will consist of one share of Class A common stock and one whole warrant, with each whole warrant entitling the holder thereof to purchase one share of Class A common stock at a price of $11.50 per share, subject to certain adjustments. No fractional warrants will be issued upon separation of the units and only whole warrants will trade. Once the securities comprising the units begin separate trading, the Class A common stock and warrants are expected to be listed on Nasdaq under the symbols “HOND” and “HONDW,” respectively. The offering is expected to close on August 19, 2024, subject to customary closing conditions. The Company has granted the underwriters a 45-day option to purchase up to an additional 3,000,000 units at the initial public offering price to cover over-allotments, if any.

The Company is a blank check company formed for the purpose of effecting a merger, consolidation, share exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. The Company may pursue an initial business combination in any business or industry or at any stage of corporate development. However, the primary focus will be on completing a business combination with an established business of size, poised for continued growth, led by a highly respected management team.