Two Sigma Investments LP Takes $5.01 Million Position in HCM II Acquisition Corp. (NASDAQ:HOND)

Two Sigma Investments LP acquired a new stake in shares of HCM II Acquisition Corp. (NASDAQ:HOND - Free Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 500,000 shares of the company's stock, valued at approximately $5,010,000. Two Sigma Investments LP owned about 1.74% of HCM II Acquisition at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in the business. Radcliffe Capital Management L.P. bought a new position in shares of HCM II Acquisition in the 4th quarter valued at approximately $134,000. Kepos Capital LP bought a new position in shares of HCM II Acquisition in the fourth quarter valued at approximately $301,000. Toronto Dominion Bank bought a new position in shares of HCM II Acquisition in the fourth quarter valued at approximately $318,000. Schonfeld Strategic Advisors LLC acquired a new stake in shares of HCM II Acquisition in the fourth quarter worth $752,000. Finally, Heights Capital Management Inc. bought a new stake in shares of HCM II Acquisition during the 4th quarter worth $802,000.

HCM II Acquisition Trading Down 0.9%

NASDAQ:HOND traded down $0.11 during midday trading on Friday, reaching $11.70. The stock had a trading volume of 596,034 shares, compared to its average volume of 200,166. HCM II Acquisition Corp. has a 1-year low of $9.90 and a 1-year high of $12.00. The business has a fifty day moving average price of $10.89.

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.