300,000 Shares in HCM II Acquisition Corp. (NASDAQ:HOND) Purchased by Context Capital Management LLC

Context Capital Management LLC acquired a new stake in shares of HCM II Acquisition Corp. (NASDAQ:HOND - Free Report) in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 300,000 shares of the company's stock, valued at approximately $3,156,000. Context Capital Management LLC owned about 1.04% of HCM II Acquisition at the end of the most recent quarter.

A number of other large investors have also added to or reduced their stakes in the stock. Millennium Management LLC bought a new stake in shares of HCM II Acquisition in the fourth quarter worth $4,509,000. Two Sigma Investments LP bought a new stake in shares of HCM II Acquisition in the fourth quarter worth $5,010,000. Calamos Advisors LLC bought a new stake in shares of HCM II Acquisition in the first quarter worth $5,288,000. Toronto Dominion Bank bought a new stake in shares of HCM II Acquisition in the fourth quarter worth $318,000. Finally, Bulldog Investors LLP bought a new stake in shares of HCM II Acquisition in the fourth quarter worth $3,506,000.

HCM II Acquisition Stock Performance

NASDAQ:HOND traded down $0.14 during mid-day trading on Friday, hitting $11.06. 292,814 shares of the company traded hands, compared to its average volume of 325,670. The company has a fifty day moving average of $11.33. HCM II Acquisition Corp. has a one year low of $9.90 and a one year high of $12.24.

HCM II Acquisition 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.