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AI brief of an SEC Form 8-K · HCM IV Acquisition Corp. (HACQ)

HCM IV Acquisition Corp. closes $287.5 million IPO and places proceeds in trust account

Neutral Impact 3 of 5 financing Written later

HCM IV Acquisition Corp. closed its initial public offering on February 13, 2026, selling 28,750,000 units at $10.00 per unit for gross proceeds of $287.5 million, including the full exercise of the underwriter's over-allotment option. The company placed $287.5 million of IPO proceeds in a U.S.-based trust account, and the funds stay there until a business combination, a stockholder-approved redemption, or a liquidation if no combination is completed within 24 months. The company is a blank check company, and the filing does not name a target business.

Key points

  • IPO closed February 13, 2026: 28,750,000 units at $10.00 each, including 3,750,000 units from the over-allotment option
  • $287.5 million placed in trust, including $13,687,500 of the underwriter's deferred discount
  • Private placement of 4,666,667 warrants at $1.50 each, for $7 million gross proceeds, sold to the sponsor and the underwriter

The filing

CompanyHCM IV Acquisition Corp. (HACQ)
Form8-K, current report
Filed with the SECFeb 18, 2026, 4:00 PM ET
Accession number0001213900-26-017917

Items reported: 1.01 Material Definitive Agreement3.02 Unregistered Equity Sale5.03 Bylaw / Charter Amendment8.01 Other Events

Read the filing on SEC.gov ↗

Written by AI on Nov 9, 2026, 11:48 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on February 18, 2026.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.