Hcm Iii Acquisition (HCMA) stock price is $10.34, down 0.10% on the day, as of Nov 13, 2026. It has a market cap of $348.80Mn and a P/E ratio of 58.34, and is classified in the Alternative Asset Managers industry (Financial Services sector).
Enterprise Value
Margins
P/FCF
Key Stats
Market Cap348.80 Mn
P/E58.34
FCF (Yr)–
ROA (Yr)–
EV to EBIT-225.15
Net Income (Yr)–
Enterprise Value345.82 Mn
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About
HCM III Acquisition Corp. is a blank check company incorporated in the Cayman Islands on April 15, 2025, formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. The company has not engaged in any operational activities to date and does not generate operating revenues. Its primary activities consist of organizational efforts, preparation for its…
HCM III Acquisition Corp. is a blank check company incorporated in the Cayman Islands on April 15, 2025, formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. The company has not engaged in any operational activities to date and does not generate operating revenues. Its primary activities consist of organizational efforts, preparation for its Initial Public Offering, and identifying a target company for a proposed business combination.
HCM III Acquisition Corp. does not generate operating revenues. The company has neither engaged in any operations nor generated any revenues to date. Subsequent to the Initial Public Offering, it generates non-operating income in the form of interest income on marketable securities held in the Trust Account. All funds raised in the Initial Public Offering are held in trust and intended to be used to complete a business combination with one or more target businesses.
The company operates through the following segments: no_segments_reported
As a blank check company, HCM III Acquisition Corp. operates in the special purpose acquisition company (SPAC) industry, which is characterized by entities formed to raise capital through an initial public offering with the intent to acquire an existing operating company. The company competes with numerous other SPACs seeking to identify and complete business combinations, and its competitive position depends on the expertise of its management team, the size of its trust account, and the attractiveness of its terms to potential target businesses.
HCM III Acquisition Corp. does not serve any customers in the traditional sense, as it has not completed a business combination and generates no operating revenue. The company’s activities are focused on identifying a target business for a future combination, and it does not currently have a customer base associated with operational products or services.
Sector:Financial ServicesSector rationaleThe company is a Special Purpose Acquisition Company (SPAC), which is a financial vehicle designed to raise capital via an IPO to acquire another business. Its only current financial activity is generating interest income on marketable securities held in a trust account, which falls under the financial management and specialty finance activities of the Financial Services sector.Industry:Alternative Asset ManagersAlternative Asset ManagersPrimaryHCM III Acquisition Corp. is a Special Purpose Acquisition Company (SPAC) designed to raise capital to acquire a target business. This activity aligns with Alternative Asset Managers as it involves managing a pooled fund of capital for the purpose of a private equity-style acquisition.Classified using BQ-MICSCIK: 0002069856
Peer percentiles
How Hcm Iii Acquisition ranks
Ranked against the 340 companies in Asset and Wealth Management·58 metrics · as of Nov 14, 2026
Valuation
12 metrics · Lower multiples rank higher; a negative multiple ranks last