AQR Arbitrage LLC purchased a new position in HCM II Acquisition Corp. (NASDAQ:HOND - Free Report) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 1,563,833 shares of the company's stock, valued at approximately $15,670,000. AQR Arbitrage LLC owned 5.44% of HCM II Acquisition as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other hedge funds and other institutional investors have also bought and sold shares of HOND. Radcliffe Capital Management L.P. purchased a new stake in HCM II Acquisition in the 4th quarter valued at about $134,000. Kepos Capital LP bought a new stake in HCM II Acquisition during the 4th quarter valued at $301,000. Schonfeld Strategic Advisors LLC purchased a new position in shares of HCM II Acquisition during the fourth quarter valued at $752,000. Heights Capital Management Inc. purchased a new stake in HCM II Acquisition in the fourth quarter worth about $802,000. Finally, Dakota Wealth Management purchased a new position in HCM II Acquisition during the 4th quarter valued at about $1,037,000.
HCM II Acquisition Stock Down 0.9 %
HOND stock traded down $0.10 during trading on Tuesday, hitting $10.79. 3,581 shares of the company's stock traded hands, compared to its average volume of 132,537. The stock's fifty day moving average price is $10.50. HCM II Acquisition Corp. has a 1 year low of $9.90 and a 1 year high of $11.19.
HCM II Acquisition Company Profile
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Free Report)
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.
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