Inactive Instrument

HCM ACQUPAR

Equities

HCMA

KYG4365A1013

HCM Acquisition Corp's Business Combination With Murano Through A DeSPAC Merger

March 29, 2023 at 05:41 pm IST

HCM Acquisition Corp (NASDAQ: HCMA), a publicly-traded blank cheque company, and Murano PV, S.A. DE C.V., a Mexico-based development company have announced an agreement for a business combination that will result in Murano becoming a public company. The transaction values Murano at a pro forma enterprise value of ~USD 810 million (EUR 755 million), assuming a value of USD 10 per share and approximately 85% redemptions.

Murano develops properties in North and Central America. Murano boasts a portfolio and range of completed projects that include marinas, hotels, condominiums, and apartment complexes.

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

Mr Michel Van Agt
Loyens & Loeff
Parnassusweg 300
Amsterdam
1081 LC
NETHERLANDS
Tel: 466230
Fax: 466234
E-mail: info@loyensloeff.lu
URL: www.loyensloeff.com/lu/en/

Latest news about HCM ACQUPAR

HCM Acquisition Corp announced that it has received $2.5 million in funding	20/03	CI
HCM Acquisition Corp(NasdaqGM:HCMA) dropped from NASDAQ Composite Index	20/03	CI
Murano Global Investments Ltd completed the acquisition of HCM Acquisition Corp from Elías Sacal Cababie, HCM Investor Holdings,LLC, ES Agrupación, S.A. de C.V. and others in a reverse merger transaction.	20/03	CI
HCM Acquisition Corp has Changed its Name to Murano Global Hospitality Corp	05/03	CI
HCM Acquisition Corp Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023	14/11	CI
HCM Acquisition Corp Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023	18/23/18	CI
HCM Acquisition Corp Reports Earnings Results for the First Quarter Ended March 31, 2023	16/23/16	CI
HCM Acquisition Corp Reports Earnings Results for the Full Year Ended December 31, 2022	30/23/30	CI
HCM Acquisition Corp Auditor Raises 'Going Concern' Doubt	30/23/30	CI
Murano Plans to Go Public Via Merger With HCM Acquisition Corp.	14/23/14	MT
Murano PV, S.A. DE C.V. entered into an agreement to acquire HCM Acquisition Corp from Elías Sacal Cababie, HCM Investor Holdings,LLC, ES Agrupación, S.A. de C.V. and others in a reverse merger transaction.	14/23/14	CI
HCM Acquisition Corp Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022	04/22/04	CI
HCM Acquisition Corp Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022	16/22/16	CI
Certain Class B Ordinary Shares of HCM Acquisition Corp are subject to a Lock-Up Agreement Ending on 19-JUL-2022.	19/22/19	CI
HCM Acquisition Corp Reports Earnings Results for the First Quarter Ended March 31, 2022	17/22/17	CI
HCM Acquisition Corp Reports Earnings Results for the Eleven Months Ended December 31, 2021	01/22/01	CI
HCM Acquisition Corp(NasdaqGM:HCMA) added to NASDAQ Composite Index	17/22/17	CI
HCM Acquisition Corp announced that it has received $13 million in funding from HCM Investor Holdings,LLC	25/22/25	CI
HCM Acquisition to Seek Acquisitions	21/22/21	CI
HCM Acquisition Corp has completed an IPO in the amount of $250 million.	20/22/20	CI
HCM Acquisition Corp has filed an IPO in the amount of $250 million.	01/21/01	CI
HCM Acquisition Corp announced that it expects to receive $7.25 million in funding from HCM Investor Holdings,LLC	01/21/01	CI

Chart HCM ACQUPAR

Duration

Period

More charts

Company Profile

HCM Acquisition Corp is a blank check company. The Company is formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. The Company has not selected any specific business combination target and has not, nor has anyone on its behalf, initiated any substantive discussions, directly or indirectly, with any business combination. The Company has not commenced any operations nor generated any revenue.

Sector

More about the company