Company Overview - HCM IV Acquisition Corp is a blank check company formed to effect a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses [1][7] - The company intends to focus on identifying businesses that provide disruptive technology or innovations within the financial services industry [3][7] - The leadership team includes Shawn Matthews as Chairman and CEO, Steve Bischoff as CFO, and Shawn Matthews Jr. as President [3] Initial Public Offering (IPO) Details - The company has priced its initial public offering at $10.00 per unit, with a total of 25,000,000 units being offered [1] - Each unit consists of one Class A ordinary share and one-quarter of one redeemable warrant, with the whole warrant exercisable to purchase one Class A ordinary share at a price of $11.50 [1] - The units will be listed on the Nasdaq Global Market under the ticker symbol "HACQU," with separate trading expected for Class A ordinary shares and warrants under the symbols "HACQ" and "HACQW," respectively [1] Underwriting and Additional Options - Cantor Fitzgerald & Co. is acting as the sole bookrunner for the offering [2] - The company has granted underwriters a 45-day option to purchase up to an additional 3,750,000 units at the initial public offering price to cover over-allotments [2]
HCM IV Acquisition Corp Announces Pricing of $250 Million Initial Public Offering