SCHEDULE 13G: Linden Entities Disclose Significant Stake in HCM II Acquisition Corp.

Sentiment:

Beneficial Ownership Report


Linden Capital L.P., Linden GP LLC, Linden Advisors LP, and Siu Min Wong have collectively disclosed beneficial ownership of up to 8.7% of HCM II Acquisition Corp.'s Class A ordinary shares.

Summary

  • Linden Capital L.P., Linden GP LLC, Linden Advisors LP, and Siu Min Wong have filed a Schedule 13G, reporting their beneficial ownership in HCM II Acquisition Corp.
  • Linden Capital L.P. and Linden GP LLC each beneficially own 1,901,984 Class A ordinary shares, representing approximately 8.3% of the outstanding shares.
  • Linden Advisors LP and Siu Min Wong each beneficially own 2,000,000 Class A ordinary shares, representing approximately 8.7% of the outstanding shares.
  • The 2,000,000 shares beneficially owned by Linden Advisors and Mr. Wong consist of 1,901,984 shares held by Linden Capital and an additional 98,016 shares held by separately managed accounts.
  • The percentages are based on 23,000,000 Class A ordinary shares outstanding, as disclosed by HCM II Acquisition Corp. in its Form 10-Q filed on November 13, 2024.
  • The filing certifies that the securities were not acquired or held for the purpose of changing or influencing the control of the issuer, other than activities solely in connection with a nomination under Rule 14a-11.

Sentiment

Score: 5

Explanation: The document is a factual disclosure of beneficial ownership, which is neutral in sentiment. It does not contain positive or negative performance indicators or forward-looking statements that would influence sentiment.

Future Outlook

NA

Industry Context

This filing is a standard disclosure of significant passive ownership in a publicly traded company, common among investment funds and individuals. It does not provide broader industry trends but indicates an investment firm's confidence or strategic interest in the specific SPAC, HCM II Acquisition Corp.

Stakeholder Impact

  • Shareholders: The disclosure of a significant ownership stake by institutional investors and a principal owner can signal confidence or strategic interest in the company, potentially influencing investor perception and trading activity.

Key Dates

DateDescription
2024-11-13Date of HCM II Acquisition Corp.'s Form 10-Q filing, which disclosed 23,000,000 shares outstanding.
2025-03-26Date of event which requires the filing of this Schedule 13G statement.
2025-03-31Date of filing of this Schedule 13G statement.

Keywords

HCM II Acquisition Corp., Linden Capital L.P., Linden GP LLC, Linden Advisors LP, Siu Min Wong, Schedule 13G, Beneficial Ownership, Class A ordinary shares, SEC filing, Investment Management, SPAC

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