Heights Capital Management Inc. Takes $802,000 Position in HCM II Acquisition Corp. (NASDAQ:HOND)

Heights Capital Management Inc. purchased a new position in HCM II Acquisition Corp. (NASDAQ:HOND) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund 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 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Dakota Wealth Management acquired a new position in shares of HCM II Acquisition in the 4th quarter valued at approximately $1,037,000. Deltec Asset Management LLC bought a new stake in shares of HCM II Acquisition in the fourth quarter worth $1,503,000. Wolverine Asset Management LLC acquired a new stake in HCM II Acquisition in the fourth quarter valued at $7,675,000. Picton Mahoney Asset Management bought a new position in HCM II Acquisition during the 4th quarter valued at $19,840,000. Finally, Periscope Capital Inc. acquired a new position in HCM II Acquisition during the 4th quarter worth $2,004,000.

HCM II Acquisition Price Performance

HOND opened at $10.72 on Monday. The business has a 50-day moving average of $10.34. HCM II Acquisition Corp. has a 1-year low of $9.90 and a 1-year high of $10.95.

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.