Heights Capital Management Inc. purchased a new position in shares of HCM II Acquisition Corp. (NASDAQ:HOND - Free Report) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 80,000 shares of the company's stock, valued at approximately $802,000. Heights Capital Management Inc. owned approximately 0.28% of HCM II Acquisition at the end of the most recent quarter.
Other institutional investors and hedge funds have also made changes to their positions in the company. Kepos Capital LP purchased a new position in HCM II Acquisition in the 4th quarter valued at $301,000. Dakota Wealth Management purchased a new stake in HCM II Acquisition during the 4th quarter valued at about $1,037,000. Mint Tower Capital Management B.V. acquired a new stake in HCM II Acquisition in the 4th quarter valued at about $1,452,000. Virtu Financial LLC acquired a new position in shares of HCM II Acquisition during the 4th quarter worth approximately $1,463,000. Finally, Deltec Asset Management LLC purchased a new stake in shares of HCM II Acquisition in the fourth quarter valued at approximately $1,503,000.
HCM II Acquisition Stock Performance
NASDAQ HOND traded up $0.12 on Friday, reaching $10.95. 113,016 shares of the company were exchanged, compared to its average volume of 137,129. The firm has a fifty day simple moving average of $10.41. HCM II Acquisition Corp. has a fifty-two week low of $9.90 and a fifty-two week high of $11.10.
HCM II Acquisition Profile
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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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