HCM Acquisition closed its initial public offering of 28.75 million units, including 3.75 million units issued to the underwrither through the full exercise of the over-allotment option. \
Units trade on the Nasdaq under the symbol HCMAU.
The SPAC intends to focus on businesses which provide disruptive technology or innovations within the financial services industry.
Cantor Fitzgerald was sole bookrunner for the offering. Read more.
