{"url_path":"/sec/hcma/10-q/2026/item-2","section_key":"item-2","section_title":"Item 2 Unregistered Sales of Equity Securities","topic":"sec","document":{"doc_type":"10-Q","doc_date":"2026-05-14","source_url":"https://www.sec.gov/Archives/edgar/data/2069856/0001213900-26-056257-index.html","accession_number":"0001213900-26-056257","cik":"0002069856","ticker":"HCMA","issuer_name":"HCM III ACQUISITION CORP.","edgar_url":"https://www.sec.gov/Archives/edgar/data/2069856/0001213900-26-056257-index.html","primary_entity_key":"0002069856","primary_entity_name":"HCM III ACQUISITION CORP."},"word_count":392,"has_tables":true,"body_markdown":"Item 2. Unregistered Sales of Equity Securities\nand Use of Proceeds.\n\n \n\nOn August 4, 2025, we consummated\nthe Initial Public Offering of 25,300,000 units at $10.00 per Units, which includes the full exercise of the underwriters’\nover-allotment option of 3,300,000 Units, generating gross proceeds of $253,000,000. Cantor acted as sole book-running manager of the\nInitial Public Offering. The securities in the offering were registered under the Securities Act on registration statement on Form S-1\n(No. 333-287841). The Securities and Exchange Commission declared the registration statements effective on August 4, 2025.\n\n \n\nSimultaneously with the closing\nof the Initial Public Offering, we consummated the sale of an aggregate of 4,266,667 Private Placement Warrants (to the Sponsor and Cantor\nFitzgerald & Co., the representative of the underwriters of the Initial Public Offering, at a price of $1.50 per warrant, or\n$6,400,000 in the aggregate. Of those 4,266,667 Private Placement Warrants, the Sponsor purchased 3,533,333 Private Placement Warrants\nand Cantor Fitzgerald & Co. purchased 733,334 Private Placement Warrants. Each Unit that the Company is offering has a price\nof $10.00 and consists of one Class A ordinary share, and one-third of one redeemable warrant. Each whole warrant entitles the holder\nto purchase one Class A ordinary share at a price of $11.50 per share. The foregoing issuance was made pursuant to the exemption\nfrom registration contained in Section 4(a)(2) of the Securities Act.\n\n \n\nThe Private Warrants are\nidentical to the warrants underlying the Units sold in the Initial Public Offering, except that the Private Warrants are not transferable,\nassignable or salable until after the completion of a Business Combination, subject to certain limited exceptions.\n\n \n\nThe Private Placement Warrants\nare identical to the warrants underlying the Units sold in the Initial Public Offering, except that the Private Placement Warrants are\nnot transferable, assignable or salable until after the completion of a Business Combination, subject to certain limited exceptions.\n\n \n\nOf the gross proceeds received\nfrom the Initial Public Offering and the proceeds of the sale of the Private Placement Warrants, an aggregate of $253,000,000 was placed\nin the Trust Account.\n\n \n\nWe paid a total of $17,106,910,\nconsisting of $4,400,000 of cash underwriting fee, $12,045,000 of deferred underwriting fee, and $661,910 of other offering costs.\n\n \n\nFor a description of the\nuse of the proceeds generated in our Initial Public Offering, see Part I, Item 2 of this Form 10-Q."}