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

Highbridge Capital Management LLC acquired a new position in HCM II Acquisition Corp. (NASDAQ:HOND) in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor 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 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in HOND. Picton Mahoney Asset Management bought a new position in HCM II Acquisition in the 4th quarter worth approximately $19,840,000. Wolverine Asset Management LLC purchased a new position in shares of HCM II Acquisition in the fourth quarter worth $7,675,000. Periscope Capital Inc. purchased a new position in shares of HCM II Acquisition in the fourth quarter worth $2,004,000. Deltec Asset Management LLC bought a new position in shares of HCM II Acquisition during the fourth quarter worth $1,503,000. Finally, Virtu Financial LLC purchased a new position in HCM II Acquisition during the fourth quarter valued at $1,463,000.

HCM II Acquisition Stock Performance

Shares of HOND stock opened at $10.70 on Friday. The business has a fifty day moving average of $10.14. HCM II Acquisition Corp. has a 52 week low of $9.90 and a 52 week high of $10.95.

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.