HCM II Acquisition Corp Unit

HONDU

Market cap $420M

HCM II Acquisition Corp. (HOND) is holding an extraordinary general meeting on October 20 to vote on a proposed merger with small modular nuclear reactor developer Terrestrial Energy Inc. (IMSR). If approved, the combined company plans to offer up to 151,970,541 common shares and 18,350,000 warrants at a pro forma equity value of $1.3 billion, generating $280 million in gross proceeds. At a pro forma equity value of $1.3 billion (at the original $10 SPAC offer price) with no expected commercial sales or profits until 2034, Terrestrial Energy (IMSR) shares are highly speculative and not for the faint of heart.

The Department of Energy, under President Donald Trump, has moved aggressively to invigorate the domestic nuclear sector.

LAS VEGAS--(BUSINESS WIRE)--dMY Squared Technology Group, Inc. (“dMY Squared”) (NYSE American: “DMYY”, “DMYY.U” and “DMYY.WS”), a publicly traded special purpose acquisition company, announced today that effective as of market open on September 30, 2025 its securities are expected to begin trading on the OTC markets following the completion of NYSE American's 36-month period for special purpose acquisition companies. “This transition provides continued liquidity and trading access for sharehold.

CHARLOTTE, N.C. & STAMFORD, Conn.--(BUSINESS WIRE)--HCM II Acquisition Corp. (Nasdaq: HOND) (“HCM II”), a special-purpose acquisition company and Terrestrial Energy Inc. (“Terrestrial Energy” or the “Company”), a developer of small modular nuclear plants using advanced reactor technology, announced today that on September 26, 2025, the U.S. Securities and Exchange Commission (the “SEC”) declared effective the Registration Statement on Form S-4, as amended (the “Registration Statement”), filed i.

CHARLOTTE, N.C. and STAMFORD, Conn., March 26, 2025 (GLOBE NEWSWIRE) -- Terrestrial Energy Inc., a developer of small modular nuclear power plants using advanced reactor technology, and HCM II Acquisition Corp. (Nasdaq: HOND), today announced an agreement for a business combination (the “Transaction” or the “Business Combination”) that will result in Terrestrial Energy becoming a public company to be listed on Nasdaq under the ticker symbol “IMSR”.

STAMFORD, Conn., Aug. 19, 2024 (GLOBE NEWSWIRE) -- HCM II Acquisition Corp. (Nasdaq: HONDU) (the “Company”), announced today the closing of its previously announced initial public offering of 23,000,000 units, including 3,000,000 units issued pursuant to the full exercise of the underwriter of its over-allotment option. The units were sold at a price of $10.00 per unit. The Company's units began trading on August 16, 2024, on the Nasdaq Global Market under the symbol “HONDU”. Each unit consists of one Class A ordinary share and one-half of one redeemable warrant. Each whole warrant is exercisable to purchase one Class A ordinary share of the Company at a price of $11.50 per share. Only whole warrants are exercisable and will trade. Once the securities comprising the units begin separate trading, the Class A ordinary shares and warrants are expected to be listed on the Nasdaq Global Market under the ticker symbols “HOND” and “HONDW,” respectively.