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HCM II Acquisition Corp. Class A ( (HOND) ) has provided an update.
On September 29, 2025, HCM II Acquisition Corp. and Terrestrial Energy announced that the SEC declared effective the Registration Statement for their proposed business combination. The Extraordinary General Meeting for HCM II shareholders to approve the merger is set for October 20, 2025. This milestone is seen as pivotal for Terrestrial Energy’s growth, enabling the deployment of its innovative small modular nuclear plants, which are expected to meet growing industrial energy demands with safe, reliable, and cost-effective power. The business combination aims to enhance Terrestrial Energy’s market position and create long-term value for shareholders.
More about HCM II Acquisition Corp. Class A
Terrestrial Energy is a developer of Generation IV nuclear plants utilizing its proprietary Integral Molten Salt Reactor (IMSR) technology. These small and modular plants are designed to provide zero-carbon, reliable, and cost-effective energy for various industrial applications, extending the use of nuclear energy beyond traditional electric power markets. The company aims to support global decarbonization efforts and increase energy sustainability.
Average Trading Volume: 788,437
Technical Sentiment Signal: Strong Buy
Current Market Cap: $454.5M
See more insights into HOND stock on TipRanks’ Stock Analysis page.