HCM II Acquisition Corp. (HOND) - Dilution Analysis
Visualizing historical and potential share dilution over time
Dilution Analysis
Risk Assessment Details
Summary
HOND currently has 82.7M outstanding shares. with moderate dilution risk from 26.9M authorized shares representing 32.5% potential dilution. The company has significantly diluted shareholders by 689.38% over the past 2 years, indicating aggressive capital raising.
Share Structure Timeline
Historical Data Points
| Date | Event | Outstanding | Supply |
|---|---|---|---|
| Jun 05, 2026 |
POS AM filing: This filing registers the potential offer and resale of common stock underlying various warrants and exchangeable shares by the Company and certain selling securityholders. |
83M | 27M |
| May 14, 2026 |
10-Q filing | 105.9M shares outstanding |
110M | 47M |
| Mar 30, 2026 |
10-K filing | 81.8M shares outstanding |
82M | 47M |
| Dec 22, 2025 |
S-1/A filing: This S-1/A filing relates to a secondary offering of common stock and warrants by Terrestrial Energy Inc. and its selling securityholders. |
82M | 47M |
| Nov 26, 2025 |
S-1 filing: This S-1 filing includes a secondary offering of common stock and warrants by Terrestrial Energy Inc. and its selling securityholders. |
110M | 60M |
| Nov 14, 2025 |
10-Q filing | 23.0M shares outstanding |
23M | 27M |
| Aug 12, 2025 |
10-Q filing | 23.0M shares outstanding |
23M | 27M |
| May 20, 2025 |
10-Q filing | 23.0M shares outstanding |
23M | 27M |
| Mar 31, 2025 |
10-K filing | 23.0M shares outstanding |
23M | 27M |
| Mar 26, 2025 |
8-K filing: HCM II Acquisition Corp entered into a Business Combination Agreement with Terrestrial Energy Inc., involving a merger, domestication of HCM II, and PIPE financing, with an expected closing in the fourth quarter of 2025. ($50.0M proceeds) |
23M | 27M |
| Nov 13, 2024 |
10-Q filing | 23.0M shares outstanding |
23M | 27M |
| Sep 27, 2024 |
10-Q filing | 23.0M shares outstanding |
23M | 27M |
| Aug 23, 2024 |
8-K filing: HCM II Acquisition Corp. consummated its initial public offering of 23,000,000 units at $10.00 per unit and completed a private sale of 6,850,000 warrants to HCM Investor Holdings, LLC and Cantor Fitzgerald & Co. at $1.00 per warrant. ($236.85M proceeds) |
5.8M | 27M |
| Aug 20, 2024 |
8-K filing: HCM II Acquisition Corp. consummated its initial public offering of 23,000,000 units at $10.00 per unit, generating gross proceeds of $230,000,000, and completed the private sale of 6,850,000 warrants to the Sponsor and the Underwriter at $1.00 per warrant, generating gross proceeds of $6,850,000. ($236.85M proceeds) |
5.8M | 27M |
| Aug 02, 2024 |
S-1/A filing: HCM II Acquisition Corp. is offering 20,000,000 units at $10.00 per unit, each unit consisting of one Class A ordinary share and one-half of one redeemable warrant, in an initial public offering. |
5.8M | 27M |
| Jul 19, 2024 |
S-1/A filing: Initial public offering of units, each consisting of one Class A ordinary share and one-half of one redeemable warrant. |
5.8M | 27M |
| Jun 18, 2024 |
S-1 filing: HCM II Acquisition Corp. is offering 20,000,000 units at $10.00 per unit, each unit consisting of one Class A ordinary share and one-half of one redeemable warrant in an initial public offering. |
5.8M | 26M |