King & Spalding advised HCM IV Acquisition Corp. (Nasdaq: HACQU) on its $250 million IPO of 25,000,000 units. Each unit consists of one of the company’s Class A ordinary shares and one-fourth of one redeemable public warrant.
Once the securities comprising the units begin separate trading, the company expects that its Class A ordinary shares and warrants will be listed on the Nasdaq Global Market under the symbols HACQ and HACQW, respectively. This is the fourth SPAC vehicle sponsored by affiliates of Hondius Capital Management and its founder Shawn Matthews.
A press release announcing the transaction can be found here.
The King & Spalding team advising HCM IV on the offering included Kevin E. Manz, Sean Kelly, Nicholas Mattone and Matthew Shang.