HCM IV Acquisition, the fourth blank check company formed by Hondius Capital Management, filed on Friday with the SEC to raise up to $250 million in an initial public offering.
The company plans to raise $250 million by offering 25 million units at $10.00. Each unit consists of one share of common stock and one-fourth of one warrant, exercisable at $11.50.
The company is led by CEO and Chairman Shawn Matthews, the founder and CIO of alternative investment firm Hondius Capital Management, and CFO Steven Bischoff, an EVP at Atlantic Home Loans. The SPAC plans to target technology and software infrastructure companies whose products and services target the financial services, real estate, and asset management industries, focusing on both domestic and global businesses with clear paths to success in the public market.
Management's previous SPACs include HCM III Acquisition (HCMAU; +5% from $10 offer price), which raised $220 million this past August; HCM II Acquisition, which completed its combination with nuclear reactor developer Terrestrial Energy (IMSR; +37%) this past October; and HCM Acquisition, which completed its combination with real estate company Murano Global Investments (MRNO; -75%) in March 2024.
The Stamford, CT-based company was founded in 2025 and plans to list on the Nasdaq under the symbol HACQU. Cantor Fitzgerald is the sole bookrunner on the deal.
