04:11 AM EDT, 08/05/2025 (MT Newswires) -- HCM III Acquisition (HCMA) said late Monday it closed its initial public offering of 25.3 million units at $10 each.

The blank-check company said the IPO included 3.3 million units issued pursuant to the full exercise by the underwriter of its overallotment option.

Each unit consists of one class A share and one-third of one redeemable warrant, with each whole warrant exercisable at $11.50 per share.

The units started trading on the Nasdaq Global Market under the symbol HCMAU Friday, while its class A shares and warrants are expected to be listed under the ticker symbols HCMA and HCMAW, respectively.