HCM Acquisition Corp. (HCMAU) Prices $250M IPO

HCM Acquisition Corp. announced the pricing of its $250 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “HCMAU” Friday, January 21.

The new SPAC intends to identify businesses that provide disruptive technology or innovations within the financial services industry. HCM is led by Chairman and CEO Shawn Matthews and President and CFO James Bond.

Total SPAC deal count for 2022 year-to-date is now 19. This offering is expected to close on Tuesday, January 25.

Cantor is acting as the sole book-running manager for the offering. King & Spalding LLP is serving as Issuer’s Counsel with Ellenoff Grossman & Schole LLP serving as Underwriter’s Counsel. Marcum LLP serves as auditor. Continental Stock Transfer & Trust Company is acting as trustee.