HCM II Acquisition Corp.

closedU=S+W/2W=S@11.50

Capital Structure & Economics

Trust Size$200,000,000
Unit Price$10.00
Warrant Coverage1/2
Sponsor Promote20%

Implied Equity Architecture

Capital Allocation Baseline

Trust (100.0%)

Implied Dilution Drag

50% Warrant Inclusion
Public Trust Allocation$200,000,000
Sponsor At-Risk CapitalN/A
Total Underwriting DiscountN/A
Trust Per Unit (Implied)$10.00
Sponsor Promote Allocation20%
Deal Lifecycle
IPO PricedJun 18, 2024
SearchingTarget Pending
Maturation Wall
N/A

Announced Target / M&A

  • Target CompanyTerrestrial Energy

Board & Officers

  • Simon IrishCEO
  • Brian ThrasherDirector
  • David LeBlancDirector
  • William SmithDirector
  • Steven MillsapDirector
  • Frederick BuckmanDirector
  • Hugh MacDiarmidDirector
  • David HillDirector
  • Director
  • Charles PardeeDirector
  • Director
  • Robert W. JonesDirector
  • Director
  • Andrew BrennerDirector
  • Michael J. ConnorDirector
  • Director

Interactive Deal Modeling

Base financial constraints (Trust Size, Warrants, Promote) are pre-loaded into the calculation engines. Proceed to model implied dilution and advisory friction limits.