HCM II Acquisition Corp. Files for IPO
Ticker: IMSRW · Form: S-1 · Filed: Jun 18, 2024 · CIK: 2019804
Sentiment: neutral
Topics: ipo, spac, real-estate, construction
TL;DR
HCM II Acquisition Corp. just filed for an IPO, aiming to raise capital for real estate/construction deals.
AI Summary
HCM II Acquisition Corp. filed an S-1 registration statement on June 17, 2024, for a proposed initial public offering. The company, incorporated in the Cayman Islands, is a blank check company focused on real estate and construction, with its principal executive offices located at 100 First Stamford Place, Stamford, CT. Shawn Matthews serves as Chairman and Chief Executive Officer.
Why It Matters
This S-1 filing indicates HCM II Acquisition Corp. is preparing to go public, which could lead to significant capital infusion and potential acquisitions in the real estate and construction sectors.
Risk Assessment
Risk Level: medium — As a blank check company, its success is highly dependent on identifying and completing a suitable acquisition, which carries inherent risks.
Key Numbers
- 6770 — SIC Code (Identifies the company's industry focus as 'BLANK CHECKS')
- 333-280283 — SEC File Number (Unique identifier for this S-1 filing)
Key Players & Entities
- HCM II Acquisition Corp. (company) — Registrant
- Cayman Islands (location) — Jurisdiction of incorporation
- 6770 (industry_code) — Primary Standard Industrial Classification Code
- 98-1785406 (tax_id) — I.R.S. Employer Identification Number
- 100 First Stamford Place, Suite 330 Stamford, CT 06902 (address) — Registrant's principal executive offices
- 203-930-2200 (phone_number) — Registrant's business phone
- Shawn Matthews (person) — Chairman and Chief Executive Officer
- Kevin E. Manz (person) — Agent for service, counsel
- King & Spalding LLP (company) — Counsel
- 333-280283 (filing_id) — SEC File Number
FAQ
What is the primary business objective of HCM II Acquisition Corp.?
HCM II Acquisition Corp. is a blank check company formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination, with a focus on the real estate and construction sectors.
When was this S-1 filing submitted?
The S-1 registration statement was filed with the SEC on June 17, 2024.
Who is the CEO of HCM II Acquisition Corp.?
Shawn Matthews is the Chairman and Chief Executive Officer of HCM II Acquisition Corp.
Where are HCM II Acquisition Corp.'s principal executive offices located?
The principal executive offices are located at 100 First Stamford Place, Suite 330, Stamford, CT 06902.
What is the company's Standard Industrial Classification (SIC) code?
The company's SIC code is 6770, which corresponds to 'BLANK CHECKS'.
Filing Stats: 4,656 words · 19 min read · ~16 pages · Grade level 16.4 · Accepted 2024-06-17 21:50:37
Key Financial Figures
- $200,000,000 — ECT TO COMPLETION, DATED JUNE 17, 2024 $200,000,000 HCM II Acquisition Corp. 20,000,000
- $10.00 — ies. Each unit has an offering price of $10.00 and consists of one Class A ordinary sh
- $11.50 — ne Class A ordinary share at a price of $11.50 per share, subject to adjustment as des
- $1.00 — hare at $11.50 per share, at a price of $1.00 per warrant, or $6,000,000 in the aggre
- $6,000,000 — re, at a price of $1.00 per warrant, or $6,000,000 in the aggregate (whether or not the un
- $3,500,000 — rrants at a price of $1.00 per warrant ($3,500,000 in the aggregate) in a private placemen
- $226,118,030 — ing up to an aggregate of approximately $226,118,030 of the units in this offering at the of
- $100,000 — d thereon (less taxes payable and up to $100,000 of interest income to pay dissolution e
- $189,000,000 — oceeds, before expenses, to us $ 9.45 $189,000,000 (1) Includes $0.20 per unit (excludin
- $0.20 — us $ 9.45 $189,000,000 (1) Includes $0.20 per unit (excluding any units sold purs
- $4,000,000 — ption to purchase additional units), or $4,000,000 in the aggregate (whether or not the un
- $0.45 — closing of this offering. Also includes $0.45 per unit on units other than those sold
- $0.65 — option to purchase additional units and $0.65 per unit on units sold pursuant to the
- $9,000,000 — option to purchase additional units, or $9,000,000 in the aggregate or up to $10,950,000 i
- $10,950,000 — or $9,000,000 in the aggregate or up to $10,950,000 in the aggregate if the underwriters' o
Filing Documents
- ny20027439x2_s1.htm (S-1) — 2073KB
- ny20027439x2_ex10-7.htm (EX-10.7) — 18KB
- ny20027439x2_ex10-8.htm (EX-10.8) — 43KB
- ny20027439x2_ex23-1.htm (EX-23.1) — 4KB
- ny20027439x2_ex107.htm (EX-FILING FEES) — 26KB
- filename6.htm (CORRESP) — 12KB
- 0001140361-24-030416.txt ( ) — 2178KB
Risk Factors
Risk Factors 43 Cautionary Note Regarding Forward-Looking Statements 88
Use of Proceeds
Use of Proceeds 89 Dividend Policy 91
Dilution
Dilution 93 Capitalization 95
Management's Discussion and Analysis of Financial Condition and Results of Operations
Management's Discussion and Analysis of Financial Condition and Results of Operations 96 Proposed Business 102 Effecting our Initial Business Combination 110 Management 130 Principal Shareholders 139 Certain Relationships and Related Party Transactions 143
Description of Securities
Description of Securities 146 Taxation 166
Underwriting
Underwriting 177 Legal Matters 186 Experts 187 Where You Can Find Additional Information 188 Index to Financial Statements F- 1 We are responsible for the information contained in this prospectus. We have not, and the underwriters have not, authorized anyone to provide you with information that is different from or inconsistent with that contained in this prospectus. We are not, and the underwriters are not, making an offer to sell securities in any jurisdiction where the offer or sale is not permitted. You should not assume that the information contained in this prospectus is accurate as of any date other than the date on the front of this prospectus. Trademarks This prospectus contains references to trademarks and service marks belonging to other entities. Solely for convenience, trademarks and trade names referred to in this prospectus may appear without the or symbols, but such references are not intended to indicate, in any way, that the applicable licensor will not assert, to the fullest extent under applicable law, its rights to these trademarks and trade names. We do not intend our use or display of other companies' trade names, trademarks or service marks to imply a relationship with, or endorsement or sponsorship of us by, any other companies. TABLE OF CONTENTS SUMMARY This summary only highlights the more detailed information appearing elsewhere in this prospectus. As this is a summary, it does not contain all of the information that you should consider in making an investment decision. You should read this entire prospectus carefully, including the information under "Risk Factors" and our financial statements and the related notes included elsewhere in this prospectus, before investing. Unless otherwise stated in this prospectus or the context otherwise requires, references to: "we," "us," "company" or "our company" are to HCM II Acquisition Corp., a Cayman Islands exempted company; " Class A ordinary shares" are to our class A