LMR Partners LLP Purchases New Shares in HCM II Acquisition Corp. (NASDAQ:HOND)

LMR Partners LLP acquired a new stake in shares of HCM II Acquisition Corp. (NASDAQ:HOND - Free Report) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 1,500,000 shares of the company's stock, valued at approximately $15,030,000. LMR Partners LLP owned 5.22% of HCM II Acquisition as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also modified their holdings of the company. D. E. Shaw & Co. Inc. purchased a new position in HCM II Acquisition during the fourth quarter worth approximately $9,218,000. Centiva Capital LP purchased a new position in HCM II Acquisition during the fourth quarter worth approximately $1,956,000. Bulldog Investors LLP purchased a new position in HCM II Acquisition during the fourth quarter worth approximately $3,506,000. AQR Arbitrage LLC purchased a new position in HCM II Acquisition during the fourth quarter worth approximately $15,670,000. Finally, Whitebox Advisors LLC purchased a new position in HCM II Acquisition during the fourth quarter worth approximately $4,008,000.

HCM II Acquisition Trading Down 0.4%

Shares of HOND stock traded down $0.04 during mid-day trading on Friday, reaching $10.95. The company's stock had a trading volume of 285,889 shares, compared to its average volume of 137,812. The firm's 50 day moving average is $10.64. HCM II Acquisition Corp. has a 12-month low of $9.90 and a 12-month high of $11.24.

About HCM II Acquisition

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.