HCM III Acquisition Corp. (NASDAQ:HCMAU) announced the pricing of its $220 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “HCMAU”, Friday, August 1, 2025.
The new SPAC intends to focus on identifying businesses which provide disruptive technology or innovations within the financial services industry.
HCM III is led by Shawn Matthews, Chairman and Chief Executive Officer; and Steve Bischoff, Chief Financial Officer. Craig Goos, Richard Donohoe and Jacob Loveless will serve on its Board of Directors.
Total SPAC deal count for 2025 year-to-date is now 77. This offering is expected to close on Monday, August 4 2025.
Cantor Fitzgerald & Co. is acting as sole bookrunner for the offering. King & Spalding LLP is serving as Issuer’s Counsel with Ellenoff Grossman & Schole LLP serving as Underwriter’s Counsel. WithumSmith+Brown, PC serves as auditor. Continental Stock Transfer & Trust Company is acting as trustee.
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