HCM II Acquisition Corp. closes 23M-unit IPO at $10/unit; trust funded with $231.15M

Terrestrial Energy Inc. /DE/

Sold 23,000,000 units at $10.00 each, including full over-allotment of 3M units, gross proceeds $230M.
Sold 6,850,000 Private Placement Warrants at $1.00 each to sponsor and Cantor Fitzgerald for $6.85M.
Placed $231,150,000 in trust account ($10.05 per unit), held by Continental Stock Transfer.
Audited balance sheet shows $232.2M total assets, $10.86M total liabilities, $231.15M Class A shares subject to redemption.
SPAC has 24 months from IPO to complete initial business combination; target not yet identified.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.