HCM Acquisition Corp: M&A transaction — HCM Acquisition Corp completes SPAC merger with Murano; shares to trade under MRNO

HCM Acquisition Corp

Business combination closed March 20, 2024; Murano Global Investments begins trading on Nasdaq March 21 under MRNO and MRNOW.
Each HCM ordinary share converted into one Murano ordinary share; 8,892,873 shares issued to former HCM holders.
Each HCM warrant converted into Murano warrant (same terms, $11.50 exercise, 5-year term); 16,875,000 warrants converted.
HCM board members Shawn Matthews, James Bond, David Goldfarb, Steven Bischoff, Jacob Loveless resigned effective immediately prior to merger.
Murano owns hotel/resort properties in Mexico City and Cancun; pipeline of projects with world-class operators.

item 1.02 item 2.01 item 3.01 item 3.03 item 5.01 item 5.02 item 8.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

M&A Transactions SEC 8-K Item 2.01/5.01 confidence 0.95

HCM Acquisition Corp underwent a change of control involving Murano Global Investments PLC for 8,892,873 ordinary shares of Murano Global Investments PLC issued to former holders of HCM Ordinary Shares; all outstanding HCM warrants converted into Murano W (closed 2024-03-20).

Action: change of control
Counterparty: Murano Global Investments PLC
Consideration: 8,892,873 ordinary shares of Murano Global Investments PLC issued to former holders of HCM Ordinary Shares; all outstanding HCM warrants converted into Murano W
Closing: 2024-03-20

Exact text from the filing

warrant required to purchase one Murano Ordinary Share, and (b) will expire on the five-year anniversary of the Closing Date. In the Merger, (i) Murano issued an aggregate of 8,892,873 ordinary shares to the former holders of HCM Ordinary Shares immediately prior to the effective time of the Merger, and (ii) an aggregate of 16,875,000 HCM warrants, which were

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Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

HCM Acquisition Corp terminated Second Amended and Restated Investment Management Trust Agreement with Continental Stock Transfer & Trust Company (effective 2024-01-19).

Action: termination
Counterparty: Continental Stock Transfer & Trust Company
Effective: 2024-01-19

Exact text from the filing

the Second Amended and Restated Investment Management Trust Agreement, dated January 19, 2024, by and between HCM and Continental Stock Transfer & Trust Company, as trustee, terminated pursuant to its terms

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Source: SEC EDGAR

accession 0001140361-24-015362

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