Heights Capital Management Inc. bought a new position in shares of HCM II Acquisition Corp. (NASDAQ:HOND - Free Report) in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor bought 80,000 shares of the company's stock, valued at approximately $802,000. Heights Capital Management Inc. owned 0.28% of HCM II Acquisition at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors have also recently made changes to their positions in the business. Picton Mahoney Asset Management purchased a new position in shares of HCM II Acquisition in the fourth quarter valued at approximately $19,840,000. Wolverine Asset Management LLC acquired a new stake in shares of HCM II Acquisition in the fourth quarter valued at about $7,675,000. Highbridge Capital Management LLC acquired a new position in HCM II Acquisition during the fourth quarter worth about $5,010,000. Periscope Capital Inc. purchased a new stake in HCM II Acquisition during the 4th quarter valued at about $2,004,000. Finally, Deltec Asset Management LLC acquired a new stake in HCM II Acquisition in the 4th quarter valued at about $1,503,000.
HCM II Acquisition Stock Performance
Shares of NASDAQ:HOND traded up $0.12 during midday trading on Friday, hitting $10.95. The company had a trading volume of 113,016 shares, compared to its average volume of 137,129. HCM II Acquisition Corp. has a twelve month low of $9.90 and a twelve month high of $11.10. The firm's 50-day moving average is $10.39.
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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