HCM II Acquisition Corp. Announces Closing of $230,000,000 Initial Public Offering

STAMFORD, Conn., Aug. 19, 2024 (GLOBE NEWSWIRE) — HCM II Acquisition Corp. (Nasdaq: HONDU) (the “Company”), today announced the closing of its previously announced initial public offering of 23,000,000 units, including 3,000,000 units issued pursuant to the underwriter’s exercise in full 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 common share and one-half redeemable warrant. Each whole warrant is exercisable to purchase one Class A common 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 common stock and Class A 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.