Highbridge Capital Management LLC Acquires Shares of 500,000 HCM II Acquisition Corp. (NASDAQ:HOND)

Highbridge Capital Management LLC acquired a new stake in HCM II Acquisition Corp. (NASDAQ:HOND - Free Report) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 500,000 shares of the company's stock, valued at approximately $5,010,000. Highbridge Capital Management LLC owned 1.74% of HCM II Acquisition at the end of the most recent reporting period.

Other large investors have also recently modified their holdings of the company. Dakota Wealth Management acquired a new stake in HCM II Acquisition in the fourth quarter valued at approximately $1,037,000. Deltec Asset Management LLC acquired a new position in HCM II Acquisition during the 4th quarter valued at about $1,503,000. Wolverine Asset Management LLC purchased a new stake in HCM II Acquisition in the fourth quarter valued at about $7,675,000. Picton Mahoney Asset Management acquired a new stake in HCM II Acquisition in the fourth quarter worth about $19,840,000. Finally, Periscope Capital Inc. purchased a new position in shares of HCM II Acquisition in the 4th quarter valued at approximately $2,004,000.

HCM II Acquisition Trading Up 0.8 %

Shares of NASDAQ:HOND traded up $0.08 on Tuesday, hitting $10.60. 80,288 shares of the company were exchanged, compared to its average volume of 138,792. HCM II Acquisition Corp. has a 1-year low of $9.90 and a 1-year high of $10.95. The stock has a 50 day moving average price of $10.16.

HCM II Acquisition Profile

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.