D. E. Shaw & Co. Inc. Takes $9.22 Million Position in HCM II Acquisition Corp. (NASDAQ:HOND)

D. E. Shaw & Co. Inc. purchased a new position in shares of HCM II Acquisition Corp. (NASDAQ:HOND - Free Report) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 920,000 shares of the company's stock, valued at approximately $9,218,000. D. E. Shaw & Co. Inc. owned about 3.20% of HCM II Acquisition at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in HOND. Dakota Wealth Management acquired a new stake in HCM II Acquisition in the fourth quarter valued at $1,037,000. Deltec Asset Management LLC acquired a new stake in HCM II Acquisition in the fourth quarter valued at $1,503,000. Wolverine Asset Management LLC acquired a new stake in HCM II Acquisition in the fourth quarter valued at $7,675,000. Picton Mahoney Asset Management acquired a new stake in HCM II Acquisition in the fourth quarter valued at $19,840,000. Finally, Periscope Capital Inc. acquired a new stake in HCM II Acquisition in the fourth quarter valued at $2,004,000.

HCM II Acquisition Trading Up 0.5%

Shares of HOND stock traded up $0.05 during mid-day trading on Monday, hitting $11.00. The company's stock had a trading volume of 23,497 shares, compared to its average volume of 136,466. The stock's fifty day simple moving average is $10.64. HCM II Acquisition Corp. has a 52 week low of $9.90 and a 52 week high of $11.24.

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.