TENOR CAPITAL MANAGEMENT Co. L.P. purchased a new position in HCM II Acquisition Corp. (NASDAQ:HOND - Free Report) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 175,000 shares of the company's stock, valued at approximately $1,745,000. TENOR CAPITAL MANAGEMENT Co. L.P. owned about 0.61% of HCM II Acquisition as of its most recent SEC filing.
A number of other hedge funds and other institutional investors have also modified their holdings of the company. Wolverine Asset Management LLC purchased a new position in shares of HCM II Acquisition in the 4th quarter valued at about $7,675,000. Deltec Asset Management LLC purchased a new stake in shares of HCM II Acquisition during the fourth quarter worth approximately $1,503,000. Bulldog Investors LLP acquired a new stake in shares of HCM II Acquisition in the 4th quarter worth $3,506,000. AQR Arbitrage LLC acquired a new stake in HCM II Acquisition in the fourth quarter valued at about $15,670,000. Finally, Picton Mahoney Asset Management purchased a new stake in shares of HCM II Acquisition in the fourth quarter valued at approximately $19,840,000.
HCM II Acquisition Stock Up 8.2%
Shares of NASDAQ:HOND traded up $0.90 on Friday, reaching $11.84. 3,495,805 shares of the company were exchanged, compared to its average volume of 170,311. The stock's 50-day simple moving average is $10.70. HCM II Acquisition Corp. has a 1-year low of $9.90 and a 1-year high of $12.00.
About HCM II Acquisition
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Free Report)
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.
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