HCM Acquisition today registered with the SEC to offer 25 million units at $10 each.
HCM in the filing said it will target the fintech sector while avoiding “companies with speculative business plans or companies that are excessively leveraged.”
The new SPAC is led by Chairman and CEO Shawn Matthews, who founded and is CIO of Hondius Capital Management, an alternative investment firm.
The SPAC will apply to list on the Nasdaq under HCMAU. Read more.