500,000 Shares in HCM II Acquisition Corp. (NASDAQ:HOND) Bought by Highbridge Capital Management LLC

Highbridge Capital Management LLC acquired a new stake in shares of HCM II Acquisition Corp. (NASDAQ:HOND) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 500,000 shares of the company’s stock, valued at approximately $5,010,000.

A number of other institutional investors and hedge funds have also made changes to their positions in HOND. Kepos Capital LP purchased a new stake in shares of HCM II Acquisition during the 4th quarter valued at about $301,000. Dakota Wealth Management purchased a new stake in HCM II Acquisition during the fourth quarter valued at approximately $1,037,000. Mint Tower Capital Management B.V. bought a new stake in shares of HCM II Acquisition in the 4th quarter valued at approximately $1,452,000. Virtu Financial LLC bought a new stake in shares of HCM II Acquisition in the 4th quarter valued at approximately $1,463,000. Finally, Deltec Asset Management LLC purchased a new position in shares of HCM II Acquisition in the 4th quarter worth approximately $1,503,000.

HCM II Acquisition Stock Performance

NASDAQ:HOND opened at $10.70 on Friday. The firm’s fifty day moving average is $10.14. HCM II Acquisition Corp. has a fifty-two week low of $9.90 and a fifty-two week high of $10.95.

HCM II Acquisition Company Profile

HCM II Acquisition Corp. operates as a blank check company. It was formed for the purpose of entering into a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. The company was founded on April 4, 2024 and is headquartered in Stamford, CT.