D. E. Shaw & Co. Inc. bought a new position in HCM II Acquisition Corp. (NASDAQ:HOND - Free Report) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 920,000 shares of the company's stock, valued at approximately $9,218,000. D. E. Shaw & Co. Inc. owned 3.20% of HCM II Acquisition at the end of the most recent quarter.
Other large investors have also recently added to or reduced their stakes in the company. Radcliffe Capital Management L.P. acquired a new position in shares of HCM II Acquisition during the fourth quarter worth about $134,000. Kepos Capital LP acquired a new position in HCM II Acquisition during the fourth quarter worth $301,000. Schonfeld Strategic Advisors LLC bought a new position in HCM II Acquisition in the fourth quarter valued at $752,000. Heights Capital Management Inc. acquired a new position in shares of HCM II Acquisition during the 4th quarter worth about $802,000. Finally, Dakota Wealth Management bought a new position in shares of HCM II Acquisition in the 4th quarter valued at about $1,037,000.
HCM II Acquisition Stock Performance
Shares of NASDAQ:HOND remained flat at $10.98 during midday trading on Tuesday. The company had a trading volume of 61,791 shares, compared to its average volume of 135,504. HCM II Acquisition Corp. has a twelve month low of $9.90 and a twelve month high of $11.24. The stock has a fifty day moving average of $10.66.
About HCM II Acquisition
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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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