DLD Asset Management LP Acquires Shares of 229,636 HCM II Acquisition Corp. $HOND

Key Points

• DLD Asset Management LP acquired a new stake in HCM II Acquisition Corp., purchasing 229,636 shares valued at approximately $2.42 million.
• Other hedge funds have also invested in HCM II Acquisition, with notable purchases including $3.74 million by Polar Asset Management Partners Inc. and $3.16 million by Context Capital Management LLC.
• As of the latest trading session, HCM II Acquisition's stock increased by 1.2% to open at $11.85, with a 52-week range between $9.90 and $12.24.

DLD Asset Management LP purchased a new stake in HCM II Acquisition Corp. (NASDAQ:HOND - Free Report) in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 229,636 shares of the company's stock, valued at approximately $2,416,000. DLD Asset Management LP owned 0.80% of HCM II Acquisition at the end of the most recent quarter.

Several other institutional investors have also made changes to their positions in HOND. D. E. Shaw & Co. Inc. bought a new stake in shares of HCM II Acquisition in the fourth quarter valued at approximately $9,218,000. Millennium Management LLC bought a new stake in shares of HCM II Acquisition in the fourth quarter valued at approximately $4,509,000. Toronto Dominion Bank bought a new stake in shares of HCM II Acquisition in the fourth quarter valued at approximately $318,000. TENOR CAPITAL MANAGEMENT Co. L.P. bought a new stake in shares of HCM II Acquisition in the fourth quarter valued at approximately $1,745,000. Finally, Two Sigma Investments LP acquired a new position in HCM II Acquisition during the fourth quarter valued at approximately $5,010,000.

HCM II Acquisition Stock Up 1.9%

HOND traded up $0.24 during trading on Wednesday, hitting $12.82. 255,914 shares of the stock traded hands, compared to its average volume of 331,798. HCM II Acquisition Corp. has a twelve month low of $9.90 and a twelve month high of $12.89. The business has a 50 day moving average price of $11.36 and a 200 day moving average price of $11.07.

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.