HCM III Acquisition Corp Announces Closing of $253,000,000 Initial Public Offering
HCM III Acquisition Corp (Nasdaq: HCMAU) has successfully completed its initial public offering (IPO), raising $253 million through the sale of 25.3 million units at $10.00 per unit. The offering includes 3.3 million units from the full exercise of the underwriter's over-allotment option.
Each unit comprises one Class A ordinary share and one-third of one redeemable warrant, with whole warrants exercisable at $11.50 per share. The company, a blank check company (SPAC), aims to merge with businesses providing disruptive technology or innovations in the financial services industry. Trading began on August 1, 2025, with Cantor Fitzgerald & Co. serving as the sole bookrunner.
HCM III Acquisition Corp (Nasdaq: HCMAU) ha completato con successo la sua offerta pubblica iniziale (IPO), raccogliendo 253 milioni di dollari attraverso la vendita di 25,3 milioni di unit脿 a 10,00 dollari per unit脿. L'offerta include 3,3 milioni di unit脿 derivanti dall'esercizio completo dell'opzione di sovrallocazione dell'intermediario.
Ogni unit脿 comprende un'azione ordinaria di Classe A e un terzo di un warrant rimborsabile, con i warrant interi esercitabili a 11,50 dollari per azione. La societ脿, una blank check company (SPAC), mira a fondersi con aziende che offrono tecnologie dirompenti o innovazioni nel settore dei servizi finanziari. Le negoziazioni sono iniziate il 1掳 agosto 2025, con Cantor Fitzgerald & Co. come unico responsabile del libro ordini.
HCM III Acquisition Corp (Nasdaq: HCMAU) ha completado con 茅xito su oferta p煤blica inicial (OPI), recaudando 253 millones de d贸lares mediante la venta de 25,3 millones de unidades a 10,00 d贸lares por unidad. La oferta incluye 3,3 millones de unidades provenientes del ejercicio total de la opci贸n de sobresuscripci贸n del suscriptor.
Cada unidad consta de una acci贸n ordinaria Clase A y un tercio de un warrant redimible, con warrants completos ejercitables a 11,50 d贸lares por acci贸n. La compa帽铆a, una empresa de cheques en blanco (SPAC), tiene como objetivo fusionarse con negocios que ofrezcan tecnolog铆a disruptiva o innovaciones en la industria de servicios financieros. La cotizaci贸n comenz贸 el 1 de agosto de 2025, con Cantor Fitzgerald & Co. como 煤nico coordinador de la oferta.
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臧� 雼渼電� 韥措灅鞀� A 氤错喌欤� 1欤检檧 頇橂Г 臧�電ロ暅 鞗岆煱韸� 1/3欤茧 甑劚霅橂┌, 鞝勳泊 鞗岆煱韸鸽姅 欤茧嫻 11.50雼煬鞐� 頄夓偓頃� 靾� 鞛堨姷雼堧嫟. 鞚� 須岇偓電� 鞀ろ尒(SPAC)鞙茧靹� 旮堨湹 靹滊箘鞀� 靷办梾鞐愳劀 順侅嫚鞝� 旮办垹鞚措倶 韺岅创鞝� 順侅嫚鞚� 鞝滉车頃橂姅 旮办梾瓿检潣 頃╇硲鞚� 氇╉憸搿� 頃橁碃 鞛堨姷雼堧嫟. 瓯半灅電� 2025雲� 8鞗� 1鞚� 鞁滌瀾霅橃棃鞙茧┌, Cantor Fitzgerald & Co.臧� 雼弲 欤缄皠靷 彀胳棳頄堨姷雼堧嫟.
HCM III Acquisition Corp (Nasdaq : HCMAU) a r茅ussi son introduction en bourse (IPO), levant 253 millions de dollars gr芒ce 脿 la vente de 25,3 millions d鈥檜nit茅s 脿 10,00 dollars chacune. L鈥檕ffre comprend 3,3 millions d鈥檜nit茅s issues de l鈥檈xercice complet de l鈥檕ption de surallocation du souscripteur.
Chaque unit茅 se compose d鈥檜ne action ordinaire de Classe A et d鈥檜n tiers d鈥檜n bon de souscription remboursable, les bons entiers 茅tant exer莽ables 脿 11,50 dollars par action. La soci茅t茅, une soci茅t茅 d鈥檃cquisition 脿 vocation sp茅cifique (SPAC), vise 脿 fusionner avec des entreprises proposant des technologies disruptives ou des innovations dans le secteur des services financiers. Les 茅changes ont d茅but茅 le 1er ao没t 2025, Cantor Fitzgerald & Co. assurant le r么le de teneur de livre unique.
HCM III Acquisition Corp (Nasdaq: HCMAU) hat erfolgreich seinen B枚rsengang (IPO) abgeschlossen und dabei 253 Millionen US-Dollar durch den Verkauf von 25,3 Millionen Einheiten zu je 10,00 US-Dollar eingenommen. Das Angebot umfasst 3,3 Millionen Einheiten aus der vollst盲ndigen Aus眉bung der Mehrzuteilungsoption des Underwriters.
Jede Einheit besteht aus einer Stammaktie der Klasse A und einem Drittel eines r眉ckkaufsf盲higen Optionsscheins, wobei ganze Optionsscheine zu 11,50 US-Dollar pro Aktie ausge眉bt werden k枚nnen. Das Unternehmen, eine Blankoscheckgesellschaft (SPAC), strebt eine Fusion mit Unternehmen an, die disruptive Technologien oder Innovationen im Finanzdienstleistungssektor bieten. Der Handel begann am 1. August 2025, mit Cantor Fitzgerald & Co. als alleinigem Bookrunner.
- Full exercise of over-allotment option indicates strong investor demand
- Substantial capital raise of $253 million provides significant acquisition power
- Strategic focus on high-growth fintech sector
- Experienced leadership team with financial industry expertise
- No specific acquisition target identified yet
- SPAC structure carries inherent risks of potential dilution for investors
- Limited time window to complete a business combination
- Warrant structure may create future dilution upon exercise
Insights
HCM III Acquisition Corp completed a $253M SPAC IPO, targeting fintech acquisition opportunities with potential future value creation.
HCM III Acquisition Corp (HCMAU) has successfully closed its
Each unit comprises one Class A ordinary share and one-third of a redeemable warrant, with each whole warrant exercisable at
This SPAC is specifically targeting businesses that provide disruptive technology or innovations within the financial services industry. The management team's strategy focuses on acquiring established but undervalued businesses that need assistance maximizing their potential. The company is led by Shawn Matthews as Chairman and CEO, and Steven Bischoff as President and CFO, with Cantor Fitzgerald serving as the sole bookrunner.
This SPAC launch follows the continuing evolution of the SPAC market, which has seen increased regulatory scrutiny and investor selectivity since the 2020-2021 boom period. The
STAMFORD, Ct, Aug. 04, 2025 (GLOBE NEWSWIRE) -- HCM III Acquisition Corp (Nasdaq: HCMAU) (the 鈥淐ompany鈥�), a blank check company whose business purpose is to effect a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses, announced today the closing of its previously announced initial public offering of 25,300,000 units, including 3,300,000 units issued pursuant to the full exercise by the underwriter of its over-allotment option. The units were sold at a price of
The Company intends to focus on identifying businesses which provide disruptive technology or innovations within the financial services industry. The Company鈥檚 efforts will be focused on acquiring established businesses that it believes are fundamentally sound, but in need of assistance to maximize their potential value. The Company is led by Shawn Matthews, Chairman and Chief Executive Officer; and Steven Bischoff, President and Chief Financial Officer.
Cantor Fitzgerald & Co. acted as sole bookrunner for the offering.
A registration statement relating to the securities was filed with, and declared effective by, the Securities and Exchange Commission (鈥淪EC鈥�) on July 31, 2025. The public offering is being made only by means of a prospectus. Copies of the prospectus relating to the offering may be obtained from: Cantor Fitzgerald & Co., Attention Capital Markets, 499 Park Avenue, New York, NY 10022, or by e-mail at聽.
This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.
About HCM III Acquisition Corp
HCM III Acquisition Corp is a newly organized blank check company formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. The Company intends to focus on identifying businesses which provide disruptive technology or innovations within the financial services industry. The Company鈥檚 efforts will be focused on acquiring established businesses that it believes are fundamentally sound, but in need of assistance to maximize their potential value.
FORWARD-LOOKING STATEMENTS
This press release contains statements that constitute 鈥渇orward-looking statements.鈥� Forward-looking statements are subject to numerous conditions, many of which are beyond the control of the Company, including those set forth in the 鈥淩isk Factors鈥� section of the Company鈥檚 registration statement filed with the SEC and the preliminary prospectus included therein. Copies of these documents are available on the SEC鈥檚 website, . The Company undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.
Media Contact:
Steven Bischoff
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