946,165 Shares in HCM II Acquisition Corp. $HOND Purchased by Encompass Capital Advisors LLC

Key Points

• Encompass Capital Advisors LLC invested approximately $10.01 million in HCM II Acquisition Corp., acquiring 946,165 shares and representing about 3.29% ownership as of the latest SEC filing.
• Other investors, including Mizuho Securities USA LLC and Toronto Dominion Bank, have also recently made new stakes in HCM II Acquisition during the 1st and 4th quarters.
• As of recent market data, HCM II Acquisition Corp. stock is trading at $11.51, with a 12-month low of $9.90 and a high of $12.24.

Encompass Capital Advisors LLC bought a new position in HCM II Acquisition Corp. (NASDAQ:HOND - Free Report) in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 946,165 shares of the company's stock, valued at approximately $10,006,000. Encompass Capital Advisors LLC owned 3.29% of HCM II Acquisition at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently modified their holdings of the company. Mizuho Securities USA LLC purchased a new stake in shares of HCM II Acquisition in the first quarter worth about $271,000. Toronto Dominion Bank purchased a new stake in shares of HCM II Acquisition in the fourth quarter worth about $318,000. Schonfeld Strategic Advisors LLC purchased a new stake in shares of HCM II Acquisition in the fourth quarter worth about $752,000. TENOR CAPITAL MANAGEMENT Co. L.P. purchased a new stake in shares of HCM II Acquisition in the fourth quarter worth about $1,745,000. Finally, Centiva Capital LP acquired a new position in shares of HCM II Acquisition in the fourth quarter worth about $1,956,000.

HCM II Acquisition Trading Up 0.9%

Shares of NASDAQ:HOND traded up $0.10 during trading on Friday, hitting $11.60. The company's stock had a trading volume of 183,207 shares, compared to its average volume of 641,368. HCM II Acquisition Corp. has a fifty-two week low of $9.90 and a fifty-two week high of $12.24. The stock's 50-day moving average price is $11.24 and its two-hundred day moving average price is $10.98.

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.