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The latest announcement is out from HCM II Acquisition Corp. Class A ( (HOND) ).
On October 20, 2025, HCM II Acquisition Corp. shareholders approved a business combination with Terrestrial Energy Inc., a developer of innovative nuclear technology. This approval includes several proposals, such as the domestication of HCM II to Delaware and the issuance of new stock, paving the way for Terrestrial Energy to become a publicly traded company on Nasdaq. The merger is expected to close on October 27, 2025, with trading commencing the following day, marking a significant step for Terrestrial Energy in expanding its market presence and operational capabilities.
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 plants are designed to be small and modular, providing low-cost, reliable, and clean energy. They are versatile for industrial applications, supporting energy demand growth and decarbonization across various sectors.
Average Trading Volume: 1,730,460
Technical Sentiment Signal: Strong Buy
Current Market Cap: $652.3M
For an in-depth examination of HOND stock, go to TipRanks’ Overview page.