HCM II Acquisition Corp (HONDU) Prices $200M IPO

HCM II Acquisition Corp announced the pricing of its $200 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “HONDU”, Friday, August 16, 2024.

The new SPAC intends to combine with an established company of scale in a competitive position within a defensible business niche.

HCM II’s sponsor team is to be led by Chairman and Chief Executive Officer Shawn Matthews alongside Chief Financial Officer Steven Bischoff. Andrew Brenner, Michael J. Connor and Jacob Loveless are to serve on the SPAC’s Board of Directors.

Total SPAC deal count for 2024 year-to-date is now 26. This offering is expected to close on Monday, August 19, 2024.

Cantor Fitzgerald & Co. is acting as 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. Withum Smith+Brown, PC serves as auditor. Continental Stock Transfer & Trust Company is acting as trustee.