Millennium Management LLC Acquires Shares of 450,000 HCM II Acquisition Corp. (NASDAQ:HOND)

Millennium Management LLC purchased a new stake in HCM II Acquisition Corp. (NASDAQ:HOND - Free Report) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 450,000 shares of the company's stock, valued at approximately $4,509,000. Millennium Management LLC owned approximately 1.57% of HCM II Acquisition as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently bought and sold shares of HOND. Deltec Asset Management LLC bought a new position in HCM II Acquisition in the fourth quarter valued at approximately $1,503,000. Wolverine Asset Management LLC bought a new stake in shares of HCM II Acquisition in the fourth quarter worth $7,675,000. Picton Mahoney Asset Management bought a new stake in shares of HCM II Acquisition in the fourth quarter worth $19,840,000. Periscope Capital Inc. bought a new stake in shares of HCM II Acquisition in the fourth quarter worth $2,004,000. Finally, Kepos Capital LP bought a new stake in shares of HCM II Acquisition in the fourth quarter worth $301,000.

HCM II Acquisition Stock Down 0.9%

Shares of HOND stock traded down $0.11 during trading on Friday, reaching $11.70. The company's stock had a trading volume of 596,034 shares, compared to its average volume of 200,166. The firm's fifty day moving average is $10.89. HCM II Acquisition Corp. has a one year low of $9.90 and a one year high of $12.00.

About HCM II Acquisition

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.