UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported): January 16, 2024 (January 9, 2024)
HCM Acquisition Corp
(Exact name of registrant as specified in its charter)
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Cayman Islands
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001-41241
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98-1581263
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(State or other jurisdiction
of incorporation)
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(Commission
File Number)
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(IRS Employer
Identification No.)
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100 First Stamford Place,
Suite 330
Stamford, CT 06902
(Address of principal executive offices, including zip code)
Registrant’s telephone number, including area code (203) 930-2200
Not Applicable
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant
under any of the following provisions:
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Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
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Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
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Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
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Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
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Securities registered pursuant to Section 12(b) of the Act:
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Title of each class
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Trading Symbol(s)
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Name of each exchange on which
registered
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Units, each consisting of one Class A ordinary share and one-half of one Redeemable Warrant
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HCMAU
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The Nasdaq Stock Market LLC
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Class A ordinary shares, par value $0.0001 per share
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HCMA
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The Nasdaq Stock Market LLC
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Redeemable Warrants, each whole warrant exercisable for one Class A ordinary share at a price of $11.50 per share
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HCMAW
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The Nasdaq Stock Market LLC
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Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter)
or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☒
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or
revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 3.01 Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing.
On January 9, 2024, HCM Acquisition Corp (the “Company”) received a letter from Nasdaq Listing Qualifications Department of The Nasdaq
Stock Market (“Nasdaq”), dated January 9, 2024 (the “Notice”), indicating that the Company does not comply with Nasdaq Listing Rule 5450(a)(2), which requires the Company to maintain at least 400 total holders for continued listing on the Nasdaq
Global Market (the “Minimum Total Holders Rule”). The Company was provided with 45 calendar days, or until February 23, 2024, to submit a plan to regain compliance with Listing Rule 5450(a)(2). The Notice is only a notification of deficiency, not of
imminent delisting, and has no current effect on the listing or trading of the Company’s securities on the Nasdaq.
If the Company is unable to regain compliance by a date to be determined by Nasdaq, the Company intends to submit a plan to regain
compliance with the Minimum Total Holders Rule within the required timeframe. If Nasdaq accepts the Company’s plan, Nasdaq may grant the Company an extension of up to 180 calendar days from the date of the Notice to evidence compliance with the
Minimum Total Holders Rule. If Nasdaq does not accept the Company’s plan, the Company will have the opportunity to appeal the decision in front of a Nasdaq Hearings Panel.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits
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Exhibit No.
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Description
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104
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Cover Page Interactive Data File (embedded within the Inline XBRL document)
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SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its
behalf by the undersigned hereunto duly authorized.
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HCM ACQUISITION CORP
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By:
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/s/ James Bond
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Name: James Bond
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Title: Chief Financial Officer
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Dated: January 16, 2024
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