King & Spalding advised HCM III Acquisition Corp. (NASDAQ: HCMAU) on its $253,000,000 initial public offering.
The Company’s units began trading on the Nasdaq Global Market under the symbol “HCMAU”. Each unit consists of one Class A ordinary share and one-third of one redeemable warrant. HCM III represents the third in a series of SPAC vehicles sponsored by Mr. Shawn Matthews and Hondius Capital Management.
HCM I has previously merged with and into Murano Global Investments, PLC, a Mexican hospitality and real estate company in March 2024. HCM II has entered into an agreement to consummate a business combination with Terrestrial Energy, Inc., a manufacturer and servicer of integral molten salt small modular nuclear reactors.
The King & Spalding team advising HCM III on the offering included Kevin E. Manz, Nicholas Mattone, Sean Kelly, Jonathan Talansky and Michael Regan.