Group 1 - The company, HCM III Acquisition Corp., has priced its initial public offering (IPO) at $10.00 per unit, consisting of 22,000,000 units [1] - Each unit includes one Class A ordinary share and one-third of a redeemable warrant, with the warrants exercisable at $11.50 per share [1] - The units will be listed on the Nasdaq Global Market under the ticker symbol "HCMAU" starting August 1, 2025 [1] Group 2 - Cantor Fitzgerald & Co. is the sole bookrunner for the offering and has a 45-day option to purchase an additional 3,300,000 units to cover over-allotments [2] - The company aims to identify businesses that provide disruptive technology or innovations within the financial services industry [3][7] - The focus will be on acquiring established businesses that are fundamentally sound but require assistance to maximize their potential value [3][7] Group 3 - A registration statement for the securities was filed with the SEC and declared effective on July 31, 2025 [5] - The public offering is being made only by means of a prospectus, which will be available from Cantor Fitzgerald & Co. [4]
HCM III Acquisition Corp. Announces Pricing of $220 Million Initial Public Offering